Dual Token Ecosystem


Our original UNC token created in June 2020 was switched to UNCX, our deflationary governance token, at a fixed ratio (4000 UNC to 1 UNCX) from November 2020 until Q1 2021. During the same period, UNCL was introduced as the utility token, a staking/farming reward with a slow inflation rate.

Why 2 tokens?

The Ecosystem has many features, utilities and ways of paying fees. Paying all services fees with UNCX would make it "over"-deflationary, rapidly unaffordable and result in an unbalanced ecosystem.
With some fees payable in UNCL (e.g. ILO slot reservation, stake boosting), and the possibility to earn UNCL with UNCX staking, there is a proper balance with a dual token concept.

What tax is applied to UNCX and UNCL?

There is 0% tax on UNCL and UNCX. The Unicrypt ecosystem is truly sustainable via the fees many projects are paying to use our services and thus our tokens do not require "tax" on transactions.
0.1% slippage is usually enough to buy or sell UNCX or UNCL when the price movement is low.

Read more about