Tokenomics

• 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.