As the first ever cryptocurrency to be backed by a physical asset, the Unicrypt Network is ready to turn public. The company’s CEO, Andrew Kortina, has been preparing for this moment for years and will have a full team of experts on hand to answer questions about their new token.
The unicrypt docs is a cryptocurrency that is ready to turn public. It aims to offer a new and different way of using cryptocurrencies in the world.
In the next four weeks, Unicrypt Network, a unique DeFi platform that combines a decentralized launchpad and liquidity locking for Uniswap, will become public.
The project’s supporters are ecstatic with the rapid uptake. Since its debut, Unicrypt has seen total liquidity locked in its AMM pools exceed $500 million.
Unicrypt is trying to build confidence in the DeFi community by protecting users against rug pools. Many additional features are being developed by the decentralized services provider, including token vesting and a token minter. In addition, the project has a fresh new website that is ready to go live.
Support for the transfer to PancakeSwap V2 pools has also been added, as well as a Bot to assist users monitor any liquidity locks on the Ethereum blockchain.
The much-anticipated token vesting options are presently being audited and should be completed shortly. The service will be accessible on all four Unicrypt chains, and it will certainly complement the project’s scalable and self-contained ILO Platform and liquidity lockers.
The Unicrypt roadmap’s future features are completely unique in the crypto industry. The project’s newest attempts to create a best-in-class decentralized service that will disrupt the DeFi market are detailed below.
Unicrypt’s ILO Requirements Have Been Revised
The Unicrypt team revealed intentions to upgrade its ILO requirements on both Ethereum and the Binance Smart chain in a tweet on May 6th (BSC). The ILO requirements update aims to boost the Launchpad’s adoption.
The Unicrypt team is providing $400k of liquidity to the UNCL/BNB liquidity pool on PancakeSwap in order to make UNCL tokens more accessible on BSC. To that aim, the team used Unicrypt money to generate $200K in UNCL in this ETH transaction. The tokens were then linked to the Binance Chain.
Unicrypt has chosen to activate UNCL and UNCX holding requirements for round 1 on BSC and modify it for the Ethereum chain now that the protocol has adequate liquidity on PancakeSwap.
Investors who want to take part in the first round of any Unicrypt-hosted ILO must now have 3 UNCX or 50 UNCL on the chain where the presale is taking place.
When participating in round 1, there are currently no restrictions for a particular holding/staking time. However, as the plan progresses, this will alter to ensure stakeholder allocations. Keep an eye on Unicrypt’s Telegram and Twitter for further information!
The Second Phase of Farming Options is now available.
The Unicrypt project has now launched its new farms on the Ethereum blockchain, which will operate from May 8th until July 8th, 2021.
The second wave of farming choices will be the last ones under Unicrypt’s existing farming-as-a-service contracts; after they are completed, the protocol will transition to its new UNCX and UNCL farms, which will include ILO fee distribution and staking options.
The new farms feature two pairs that will provide yield producers with a variety of incentives. Users will get a larger block payout from the UNCL/ETH farm than from prior UNCL farms. The APY will be determined by the amount of cash on hand at the farm.
The UNCX/ETH Pair is the second farming vault to be launched on Unicrypt, and it will reward liquidity providers with $200k in USDC over the next two months.
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The unicrypt launchpad is a website that will help you get started with the new cryptocurrency.
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