Tokenomics
Last updated
Last updated
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.