πŸͺ™UND & eUND Tokens

Unstoppable employs a dual token model, featuring $UND as the primary utility token and $eUND as its vested counterpart. This structure aims to align incentives for both the protocol and it's participants and create a sustainable ecosystem.

UND - Unstoppable Ecosystem Token

UND is the primary utility token of the Unstoppable protocol. It is fully liquid and can be used for staking. Holders who stake UND receive a share of the fees generated by the protocol. Additionally, UND is slated to become a governance token in the future.

Initial Distribution

Of the 30M Starting Supply, 20M UND was distributed through our fair-launch public sale. Another 10M UND was allocated to a Uniswap liquidity pool. Notably, there was no UND allocation for insiders, team members, VCs, or angel investors.

Inflation

There is no set unlock schedule. eUND holders can opt to convert their tokens to UND over a 12-month period. However, during this period, these tokens do not accumulate any protocol fees and cannot be used for other activities within the protocol.

eUND - Earned Unstoppable Ecosystem Token

eUND unlike UND, is illiquid and not available on the open market. It is an "earned" token, rewarding contributors and supporters who add value to the ecosystem. Although eUND is illiquid, these tokens are fully transferable and can be traded OTC or on secondary markets. Unstoppable does and will not provide liquidity for eUND, nor will it incentivize eUND liquidity.

Vesting

eUND holders can convert their tokens to UND linearly over a 365-day period. During this time, eUND does not accumulate protocol fees and cannot be used in protocol-related activities like staking or governance.

When vesting eUND into UND, eUND is burned by the vesting contract, and UND is released to the user on a 1:1 basis.

Example: If you commit to vesting 10,000 eUND at the start of the year, you can claim a daily amount of 10,000 * (1/365) = 27.4 UND.

Token Comparison

Token Utility

Staking

Staking UND or eUND grants token holders a share of the protocol's fees and revenue, offering an incentive for holding and contributing to the ecosystem.

Governance

Unstoppable is committed to progressive decentralization. Initially, the team will steer the protocol for efficiency, but the goal is to progressively decentralize to on-chain DAO (Decentralized Autonomous Organization) steered governance. This will empower UND stakers to engage in decision-making, influencing the protocol's direction.

Distinct legal entities for the Bridge and Wallet will be established to manage regulatory interactions with traditional finance and will be exempt from governance influence.

Future Use Cases

The UND token's potential extends beyond its current applications. We foresee its use in reducing fees within the Unstoppable ecosystem and as collateral in a Masternode system, among other possibilities. As new features or use cases emerge, UND will remain integral to the Unstoppable protocol and its offerings.

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