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