Abstract. Security of public key schemes in a post-quantum world is a challenging task-as both RSA and ECC will be broken then. In this paper, we show how post-quantum signature systems based on Multivariate Quadratic (MQ) polynomials can be improved up by about 9/10, and 3/5, respectively, in terms of public key size and verification time. The exact figures are 88% and 59%. This is particularly important for smallscale devices with restricted energy, memory, or computational power. In addition, we provide evidence that this reduction does not affect security and that it is also optimal in terms of possible attacks. We do so by combining the previously unrelated concepts of reduced and equivalent keys. Our new scheme is based on the so-called Unbalanced Oil and Vinegar class of MQ-schemes. We have derived our results mathematically and verified the speed-ups through a C++ implementation.