$UND & $eUND
The Unstoppable ecosystem is built on two utility tokens.
- $UND - Unstoppable Ecosystem Token
- $eUND - Earned $UND
$UND and $eUND tokenomics and distribution are designed to ensure aligned incentives and positive-sum outcomes for both the protocol and its participants.
$UND has a fixed maximum supply of 100M, with a starting supply of 30M.
The remaining 70M starts as $eUND. This includes team allocation, protocol incentives, strategic partnerships and tokensale bonuses.
$UND supply increases only when $eUND is vested into $UND over 12 months.
$eUND - "earned" UND - must be earned to be received.
It is distributed to ecosystem participants for providing value to the ecosystem.
Unstoppable will not guarantee liquidity for $eUND and will not incentivize any $eUND liquidity.
Not incentivising an $eUND LP means that no community members will be an unsuspecting counterparty to a farm and dumper or whale.
(Unless they willingly deploy their own liquidity to create this exit route and buy eUND for example at a discount to the current UND price)
$eUND tokens are fully transferable and can be sold OTC or on secondary user-generated markets
$eUND can be vested linearly over 12 months into $UND.
Example:
- You vest 10,000 eUND on the first day of the year.
- Every day until the first day of the following year you will be able to claim 10,000*(1/365) = 27.4UND.
While $eUND is vesting it cannot be used for anything else. i.e. staking or governance.
$UND | $eUND |
|---|---|
No insider allocation at all. | Distributed to team, advisors and partners when earned. |
100% of supply was distributed via tokensale and initial Uniswap liquidity. | Must be earned. i.e. ecosystem participant must provide value to the ecosystem |
Unstoppable provides liquidity on Uniswap | Unstoppable does not provide liquidity on Uniswap |
Can be staked in the ecosystem | Can be staked in the ecosystem |
| Can be vested into $UND over 12 months. |
By staking $UND or $eUND, tokenholders lock their tokens in return for a share of protocol fees and revenue.
Unstoppable is on a path towards progressive decentralization. During the initial phases, the team will guide decisions to move quickly and with agility. As time progresses, on-chain governance will be implemented and progressively turned over to a DAO model led by token holders and the community.
We already see potential for further use cases and utility for the $UND token.
These could include reduced fees across the Unstoppable ecosystem and use as collateral in a Masternode system.
Whatever features or usecases are added, the $UND token will continue to sit at the center of the Unstoppable Universe and its products.
Last modified 17d ago