UNIT Token and Tokenomics
UNIT is the native token of the Unit Network and Ecosystem
Token Utility
- UNIT powers the Unit Network and secures the Unit Network blockchain
- Reserve token to purchase industry, city, agency, stable, project, personal, and other tokens
- Runs operating nodes (gas fees for running nodes which go to network node operators and validators)
- Can be traded via exchange or transferred/deposited/withdrawn
- Used as collateral for Unit Vaults, allows for decentralized/wrapping of networks (upcoming)
Total Supply
100,000,000 UNIT
Token Distribution
66,000,000 UNIT
Operational Reserves
14,000,000 UNIT
Unit Core Team
20,000,000 UNIT
Users can Earn UNIT by
- Providing liquidity to the UNIT-USDU liquidity pool by staking UNIT and USDU to receive 0.5% fee, which is split amongst all liquidity providers on all UNIT-USDU trades (perpetually)
- Receiving 0.5% on exchange fees from the referrals (perpetually)