UNITCOIN
UNITCOIN (Token ID 0) is the native utility token of Unit Network — powering network security, staking, liquidity, vaults, and governance.
Key Properties
| Property | Value |
|---|---|
| Token ID | 0 |
| Symbol | UNITCOIN |
| Type | Native utility token |
| Supply | Fixed — will never exceed the predetermined cap |
| Default Bond APY | 10% |
| Unbonding Period | 28 days |
What UNITCOIN Does
🔒 Network Security
UNITCOIN incentivizes node operators and staking workers through staking rewards. Stakers earn tokens while contributing to the blockchain's security and consensus.
💰 Reserve Asset
UNITCOIN can be deposited into any token's treasury, providing backing and increasing confidence in the ecosystem. It serves as foundational collateral across the network.
🏦 Vault Collateral
Users lock UNITCOIN in vaults to receive cryptocurrency deposits from other users. This creates a decentralized custody system — vault owners put up UNITCOIN as security for handling deposits.
→ See: Vaults
📊 Pool Staking
Provide UNITCOIN + USDU liquidity and earn up to 0.5% of every trade on the UNITCOIN exchange.
→ See: Staking
🔐 Bond Staking
Lock UNITCOIN for a fixed 10% APY with a 28-day unbonding period. Rewards are claimable daily with a 7-day claim window.
🔮 Oracle Workers
UNITCOIN powers two types of oracle workers:
- Transaction Oracle Workers — Verify deposit and withdrawal data
- Price Oracle Workers — Secure external price feeds
Workers reach consensus every 4 blocks to maintain system accuracy.
💸 Transaction Medium
Use UNITCOIN to purchase tokens, access services, participate in governance, and contribute to treasuries.
🎁 Community Incentives
Tipping, referral rewards (0.5% of exchange fees from invited users), and community engagement.
UNITCOIN Treasury
The UNIT Treasury is the network-wide reserve fund that backs UNITCOIN's floor price:
| Revenue Source | Amount |
|---|---|
| Exchange trades (all tokens) | 0.5% of every trade |
| Withdrawals | 0.5% of every withdrawal |
| Direct contributions | Any user can send assets |
| Token sales | Proceeds from UNITCOIN sales |
Floor price = Total Treasury Value ÷ Total UNITCOIN Supply
This means UNITCOIN has a transparent, verifiable minimum value backed by real digital assets that grows with every transaction on the platform.
How UNITCOIN Flows
UNITCOIN Usage
├── Stake → Secure network, earn rewards
├── Trade → Buy/sell on DEX (UNITCOIN/USDU pair)
├── Lock in Vaults → Collateral for crypto custody
├── Provide Liquidity → Earn 0.5% of trades
├── Bond Stake → Lock for 10% APY
├── Back Tokens → Deposit into any token treasury
├── Pay Fees → Transaction operations
└── Govern → Network decisions