NFTuloan Whitepaper
  • Introducing NFTuloan
  • Roadmap
  • Protocol
    • Challenge
    • Crypto Movements
    • Communication
    • Staking Phazes
      • Funding
      • Lenders Selection for Loan Creation
    • Balances
    • Loan Termination
      • Loan Payback
      • Loan to Hotdeal
    • Ethers Withdrawal
    • NFT Collections Estimation
  • Platform
    • Instant Liquidity
    • Staking ETH
    • Marketplace
    • Security
  • Tokenomics
  • DAO
    • Functions
    • Level
    • $veULOAN and Voting Right
  • API Operations
    • Borrowing Functions
    • Staking Functions
  • Resources
    • Team
    • Legal Disclaimer
  • API Operations
  • FAQ
    • General
      • What is NFTuloan?
      • How can I create an account?
    • Liquidity
      • How do I get liquidity?
      • How do I repay my liquidity?
      • What happens if liquidity isn't repaid on time
      • Are my assets protected as a borrower throughout the liquidity period?
      • How long does it take to receive my liquidity?
      • Can I close my liquidity at any time?
      • What are the interest rates for NFTuloan liquidity
      • Can I have multiple liquidity?
      • What are the liquidity durations?
      • My NFT is rare, can I receive a bigger liquidity?
      • My NFT is worth 20ETH and I can only borrow 14ETH. Why?
    • Staking
      • How can I make money with my ETH?
      • How much money can I earn with my ETH?
      • What is the minimum amount of ETH I can transfer? Or the maximum?
      • When do I start earning my rewards?
      • What is my gain when I stake my ETH?
      • When can I withdraw my cryptocurrencies?
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Tokenomics

PreviousSecurityNextDAO

Last updated 2 years ago

  • Original project token: ULOAN

  • Total offer: 1 billion ULOAN

  • Supporting network: ERC20

  • Total capital: 1000 ETH

  • Total tokens sold: 600 million ULOAN

Pre-sale price:

Round 1: not announced

Round 1: 0.0000005 ETH

Public sale price: 0.000001 ETH

If used Governance tokens

  • ULOAN holders are allowed to be members of the NFTuloan platform and are allowed to vote on important protocol decisions of the DAO community.

  • As a reward for protocol users (borrowing or lending)

  • If you make a loan in the form of ULOAN, you will receive a 50% discount on the transaction fee.

  • Pay interest on loans with ULOAN

The protocol's 2-gate mechanism creates supply and demand using ULOAN tokens. Crypto borrowers need ULOAN to pay interest and fees, while liquidity providers receive tokens as a reward.

The 1000ETH raised will provide 70% to the liquidity pool, to pay interest on deposits, buy and burn tokens, thus increasing the price of the token.

The remaining 30% is used for airdrops to the Opensea community of users with trading activity on 1ETH, and to provide liquidity to the ETH/ULOAN farming pair.