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Author Topic: [ANN] 🦄 UniDollar 🦄 - First Proof of Stake + Proof of Liquidity Token  (Read 670 times)
SpydrZero
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June 12, 2020, 11:00:54 PM
 #1




WHAT IS UNIDOLLAR?

UNIDOLLAR is the first Proof of Liquidity and Proof of Stake Ethereum based token. That means the supply was sent to Uniswap and provided with initial liquidity. The staking mechanism is built directly into the smart contract which rewards users for staking their UNIUSD.

HOW DOES THE STAKING WORK

Each transfer of UNIUSD between Ethereum addresses initiates a 2% tax. This 2% tax is then distributed to stakers autonomously and the rewards are proportionate to the amount of tokens a user has staked.

WHAT ARE THE REQUIREMENTS FOR STAKING?

The minimum amount of tokens required is 20,000 UNIUSD. Once a user has that amount staked, they will instantly earn rewards from every transaction (as long as the token is being transferred or being utilized in some way. There is no fee (other than gas to process the TX) to stake or to collect rewards. However, there is a 2% tax to unstake your staked tokens.

UNIDOLLAR Tokenomics

-Fixed Supply: 125,000,000 (125 Million)
-Transfer Tax: 2% for each transaction
-Staking Rewards: 2% of all the transactions made will be distributed among stakers proportional to the amount they are staking.
-Staking Fee: A 2% fee is incurred upon “unstaking” your tokens. The amount is then distributed to remaining stakers.
-Decimals: 18

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June 12, 2020, 11:16:43 PM
Last edit: June 12, 2020, 11:43:06 PM by max76
 #2

So I can gain without keeping my wallet open 24H like in other POS projects. Interesting.
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June 13, 2020, 01:45:12 AM
 #3

"To begin staking, you MUST have at least 20,000 UNIUSD staked", Do they have to buy this minimum quantity? 2% tax is charge when unstaking, is it too expensive?
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June 13, 2020, 08:37:43 AM
 #4

"To begin staking, you MUST have at least 20,000 UNIUSD staked", Do they have to buy this minimum quantity? 2% tax is charge when unstaking, is it too expensive?

Not only for unstaking, but also each transfer of UNIUSD between ethereum addresses initiates a 2% tax, but that's not a problem because the 2% of tax will be redistributed as reward for staking.
It's like an ecosystem that will affect the value of tokens in the future
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June 13, 2020, 06:09:23 PM
 #5

The fact that stakers earn dividends on all trades is the reason why you see more than half of the supply being staked. Stakers earn dividends without having to keep an eye on the contract at all. This is a swing trader's dream. Stake half your stash and swing trade the other. Earn dividends while you trade.  Grin

Your Ad Goes Here
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June 13, 2020, 07:17:24 PM
 #6

Great fun project. Earning divs on every transaction. Ive only had mine staked 24hr already made oround 1.5% in Divs. Earning money while sleeping 🤑
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June 14, 2020, 05:41:22 PM
 #7

Great fun project. Earning divs on every transaction. Ive only had mine staked 24hr already made oround 1.5% in Divs. Earning money while sleeping 🤑
hello friend, have you proven it until now, and how much have you got from the mining that you did, sorry I asked the evidence, maybe I can trust

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cryptonx
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June 19, 2020, 09:56:04 PM
Last edit: June 19, 2020, 10:08:18 PM by cryptonx
 #8

"To begin staking, you MUST have at least 20,000 UNIUSD staked", Do they have to buy this minimum quantity? 2% tax is charge when unstaking, is it too expensive?


check this out, the price from UNIdollar is about $0.0045 for now, don't know if that price expensive or cheap
depends on coinmarketcap data
https://coinmarketcap.com/currencies/unidollar/markets

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June 19, 2020, 10:45:24 PM
 #9

"To begin staking, you MUST have at least 20,000 UNIUSD staked", Do they have to buy this minimum quantity? 2% tax is charge when unstaking, is it too expensive?


check this out, the price from UNIdollar is about $0.0045 for now, don't know if that price expensive or cheap
depends on coinmarketcap data
https://coinmarketcap.com/currencies/unidollar/markets

with the current rate, it is pretty cheap. however, the price may still go down as I don't see a lot of interest from the community. as they are new in the market, we can't see their performance yet in terms of the trading aspect. give it a couple of months at least, and let's see how they will behave in IndoEx or in other exchanges that they will be listed with.

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June 21, 2020, 08:47:46 PM
 #10

"To begin staking, you MUST have at least 20,000 UNIUSD staked", Do they have to buy this minimum quantity? 2% tax is charge when unstaking, is it too expensive?


check this out, the price from UNIdollar is about $0.0045 for now, don't know if that price expensive or cheap
depends on coinmarketcap data
https://coinmarketcap.com/currencies/unidollar/markets

with the current rate, it is pretty cheap. however, the price may still go down as I don't see a lot of interest from the community. as they are new in the market, we can't see their performance yet in terms of the trading aspect. give it a couple of months at least, and let's see how they will behave in IndoEx or in other exchanges that they will be listed with.
Yeah right wise decision, because if we are in a hurry it will be risky, because we have not seen how it will survive, because often times to see new tokens lose their price in a short time. If dev is able to make a good community, then I think it will be able to continue to improve.

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June 23, 2020, 12:01:16 PM
 #11

Wow, an 88% loss 4 days after being listed on CMC. That's got to be some kind of a record! Hey dev, are you this guy by any chance?





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June 26, 2020, 12:08:33 AM
 #12

My vocabulary is small. This project Useless  shit . which will ruin the reputation of DEFI platform. Masternode 2.0 :DDD
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August 25, 2020, 06:55:09 AM
Merited by nutildah (1)
 #13

Turns out this was a part of multi-scam wave of projects created by spydrzero https://www.publish0x.com/liteliger-blog/myxnetwork-scam-goes-deeper-bitboy-wendyo-and-others-involve-xdrldgq
reap_chain
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August 25, 2020, 01:26:19 PM
 #14

So this is the first Proof of Liquidity ERC-20 based token with autonomous staking platform. You can earn dividends by only staking your tokens.
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