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What is $UNIT token economy?

Unit Network token economy revolves around the various tokens within the ecosystem, each serving specific functions and contributing to its overall functionality and growth. Here's an overview of the key components:

Unit Token ($UNIT)

Unit Token

The primary utility token of Unit Network ecosystem, used for various purposes such as securing the network, participating in staking, providing liquidity, and accessing platform features.

Stable Tokens

Stable tokens, like USDU, provide stability within the ecosystem and serve as a medium of exchange and store of value.

Industry Tokens

Industry tokens represent specific industries and serve as decentralized autonomous organizations (DAOs) for communities within those industries.

City Tokens

City tokens operate similarly to industry tokens but are focused on specific cities, bringing together individuals, businesses, and communities within urban areas.

Reserve Assets

Reserve assets are stable and widely recognized cryptocurrencies used to back various tokens within the ecosystem, providing stability and value.

Core Tokens

These tokens, created by Unit Network DAO, form the backbone of the financial ecosystem and serve distinct functionalities managed independently by ecosystem DAOs and contributors.

Revenue Model

The revenue model of Unit Network involves transparent fee structures for exchanges and withdrawals, with fees distributed to various parts of the ecosystem to support its growth and sustainability.

Unit Network token economy is designed to provide a diverse range of tokens and functionalities to users while fostering community engagement, sustainability, and growth within the ecosystem.