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)

UNCL on xDai

xDai

Honeyswap

UNCL on xDai on BSC

BSC

Pancakeswap (v1) ( Low liquidity, obsolete soon)

Pancakeswap (v2)

What is the utility of the UNCL token?

UNCL is the liquidity provider reward token of the Unicrypt platform.

Utility

Comments/Metrics

🙋‍♂️Presale participation

Holding 50 UNCL is required to participate in Round 1 of the sales taking place on the launchpad

🌱Farming Reward

UNCL is the farming reward for the liquidity providers on certain pools Unicrypt is setting up. You can find the pools where it is possible to farm UNCL here.

🪂 Fee distribution

ILO collected fees will be distributed to our community. This feature has not been deployed, details to be announced💡

‍💻Browser

Holding 50 UNCL is required to sign in to the Unicrypt browser and create watchlists, along with upcoming social and notification features.

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)