Decentralized staking protocol Unidot announces UT token ICO.
Unidot
Unidot is an open-source, decentralized, community-driven DeFi protocol that facilitates users with staking and yield farming.
The non-custodial service offered by the platform will allow users to manage their funds individually, and no governing bodies will be involved.
The Binance Smart Chain (BSC) backed platform assist users with payment flexibility by accepting both fiat currencies and cryptocurrencies, including Bitcoins (BTC), Ether (ETH), TRON (TRX), Binance Coin (BNB). Unidot’s unique staking platforms and high return on investment rates give the platform an upper hand. Read the Unidot’s whitepaper here.
UT Token
Unidot (UT) is the native utility token of the platform. It is a BEP-20 standard token built on the robust base of the Binance Smart Chain network. Preferring this network would assure the users of the platform with faster transactions at affordable prices. Staking these tokens in a particular plan would make users reap remarkable rewards.
Advantages of Unidot
According to Unidot, the first and foremost advantage of owning a UT token is that it offers an excellent passive income solution for the users of the platform. Unidot is known for its high yield rates. It is comparatively higher than the other DeFi platforms in the market. The entire process is managed by smart contracts, and it greatly contributes to security. It is meticulously designed to provide the best-in-class user interface which is effective, interactive, and attractive. This interface makes it easy for the participants to kick-start their crypto investments instantly. On the whole, Unidot is a community-driven platform that strongly believes in collective growth.
The Scope of Unidot: As an organization backed up by adept blockchain and cryptocurrency experts, they have plans to commence their own decentralized exchange with an assorted range of DeFi services. Also, their groundbreaking roadmap includes plans to launch their own blockchain network.
Unidot’s ICO is live. Users can participate in the ICO to purchase the UT tokens.
Tokenomics
| TOKEN NAME | UNIDOT |
| TOKEN SYMBOL | UT |
| TOKEN TYPE | BEP-20 |
| DECIMAL SUPPORT | 8 |
| TOTAL TOKEN SUPPLY | 27,00,000 |
| COMPANY HOLDING | 5,00,000 |
| USER SUPPLY | 20,00,000 |
| FREE AIRDROP | 2,00,000 |
| TOKEN PRICE | 0.01$ |
| SOFT CAP | 40 BNB |
| HARD CAP | 80 BNB |
Disclaimer: This article is for news purpose only. AlexaBlockchain or the author is not providing any guidance on investment. Users need to do their own research before making any investment.