Deep Dive
1. Purpose and ecosystem
IQ is designed to support the IQ ecosystem, which combines decentralized knowledge projects with AI applications. Examples include IQ.wiki and AI tools; KRWQ is another ecosystem project developed with Frax.
2. Governance and staking
IQ is the transferable token used for ecosystem governance. According to IQ’s documentation, holders can lock IQ to receive HiIQ, a non-transferable balance tied to the amount locked and remaining lock period. HiIQ is used for governance participation and eligible staking rewards.
3. Ecosystem applications
The ecosystem’s stated scope includes knowledge resources, AI applications, and onchain financial products. KRWQ, for example, is a stablecoin designed to track the South Korean won; it is a separate product, not the IQ token itself.
Conclusion
Fundamentally, IQ is a governance and utility token intended to coordinate participation in a broader knowledge, AI, and onchain finance ecosystem. How effectively will those applications make IQ useful beyond governance?null
