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Stable Tokens

Stable tokens in Unit Network offer stability in the volatile cryptocurrency landscape. Here's a breakdown of their uses and mechanics:


Acquiring Stability:​

Users can acquire stable tokens by purchasing them from the stable token's bank using reserve assets. These reserve assets serve as the foundation, backing the stable token's value.

Alternative to Volatility:​

With 22 stable tokens available on Unit Network, users can find relief from the short-term volatility of mainstream cryptocurrencies. These stable tokens offer a straightforward payment solution for both users and merchants.

Support Mechanism:​

Each stable token on Unit Network follows a uniform collateral and pegging mechanism, without the use of complex algorithms. They're backed by diverse reserve assets that appreciate over time, benefiting from over-collateralization. Users have real-time transparency regarding the total backing value and asset distribution.

Versatility in Use:​

While USDU is the primary stable token on Unit Network, all stable tokens share the same functionality. They can be used for purchasing tokens or reserve assets from the exchange, liquidity pool staking, contributing to the UNIT Treasury, and providing stability as a medium of exchange or payment.

USDU and Others:​

While USDU stands as the primary stable token on Unit Network, all stable tokens share identical functionality and can fulfill the same purposes. USDU is instrumental for:

  1. Purchasing any token or reserve asset from the exchange.
  2. Liquidity Pool staking.
  3. Accruing in the UNIT Treasury, constituting a 0.5% fee from all platform exchanges.
  4. Offering stability in comparison to user-generated tokens as a reliable medium of exchange or payment.

Stable tokens in Unit Network offer stability, transparency, and versatility in their uses, providing users with a reliable and practical solution for navigating the cryptocurrency landscape.

In addition to USDU, there are 22 other stable tokens, each representing a major currency. Explore the comprehensive list below.

  • USDU: United States Dollar
  • GBPU: British Pound
  • EURU: Euro
  • AUDU: Australian Dollar
  • CADU: Canadian Dollar
  • BRLU: Brazilian Real
  • ZARU: South African Rand
  • TRYU: Turkish Lira
  • RUBU: Russian Ruble
  • JPYU: Japanese Yen
  • SGDU: Singapore Dollar
  • NOKU: Norwegian Krone
  • MXNU: Mexican Peso
  • PLNU: Polish Zloty
  • INRU: Indian Rupee
  • SEKU: Swedish Krona
  • NZDU: New Zealand Dollar
  • HKDU: Hong Kong Dollar
  • CNYU: Chinese Yuan
  • CHFU: Swiss Franc
  • KRWU: South Korean Won
  • IDRU: Indonesian Rupiah