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UNCL Token
Scarce inflationary utility token

Where is UNCL available?

UNCL Token is available on 3 blockchains:
Token
Blockchain
Exchanges / Pairs
UNCL
Ethereum (ERC-20)
Uniswap (v2)
(v3 not available yet)
xDai
Honeyswap

What is the utility of the UNCL token?

UNCL is the liquidity provider reward token of the Unicrypt platform.
Utility
Comments/Metrics
🙋‍♂️ Presale participation
Burning UNCL is required to participate in Round 0 of the sales taking place on the launchpad
🔥 UNCL boost for staking
You can burn UNCL to boost your weight in a staking/farming pool by up to 100% (i.e. 2x), allowing you to "own" a larger part of the pool and consequently earn more rewards from reward pools.
🌱Farming/Staking Reward
UNCL will be the farming reward for the liquidity providers on certain staking pools Unicrypt is setting up. You can find the UNCX pools where it is possible to farm UNCL from our dapp here.

What are the detailed UNCL token specifications?

Initial Supply: 120,000 UNCL
The UNCL token contract includes a mint function. This mint function exists as this is an inflationary token (we could compare it with ETH : Miners of the ETH network are rewarded with minted ETH, Liquidity miners of the UNCL farms are rewarded in UNCL).
However this inflation is controlled. Please have a look just below.
UNCL Inflation
Unicrypt team has come to a conclusion shortly after its launch about the UNCL token inflationary policy. The inflation rate will be halved yearly. The table below summarizes the maximum inflation rate per year.
Year end
UNCL Maximum inflation rate
Total supply
2021
60%
240,384
2022
30%
312,499
2023
15%
359,374
2024
7,5%
386,327
(A + 1)
(%A/2)

How will UNCL enter circulation?

From March 2022, the plan it to mint UNCL exclusively** for providing rewards to UNCX stakers.
** Exceptions may occur if an unbalance of the ecosystem is detected or forecasted. Unicrypt will however not mint UNCL for the sole purpose of "dumping" them into any of the liquidity pool: The ecosystem has several revenue streams and none is coming from holders/stakers funds.
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Where is UNCL available?
What is the utility of the UNCL token?
What are the detailed UNCL token specifications?
How will UNCL enter circulation?