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Token FAQ

What types of tokens exist on Unit Network?​

Six categories: UNITCOIN (native), Wrapped Crypto (BTCU, ETHU, etc.), Stable Tokens (USDU, GBPU, etc.), Industry Tokens (MUSIC, TECH), City Tokens (LONDON, TOKYO), and User-Created Tokens.

→ See: Token Types

How do I create a token?​

Navigate to Explore → Create Token, enter a name, and click Create. No coding required. Your token instantly gets a DEX, bank, treasury, and staking capabilities.

→ See: Creating Tokens

Can I change my token's supply after creation?​

Only while all tokens remain in the bank. Once any tokens are transferred, distributed, or sold, the supply is permanently locked.

What are wrapped tokens?​

Wrapped tokens (e.g., BTCU, ETHU) are on-chain representations of external cryptocurrencies. When you deposit BTC, you receive BTCU — backed 1:1 by actual BTC held in decentralized vaults.

What gives a token its value?​

Token value comes from: reserve assets in the treasury (floor price), trading activity on the DEX (market price), community demand, and utility within the token ecosystem.

What is the difference between the bank and treasury?​

  • Bank: Operating account — manages supply, pays expenses, distributes tokens
  • Treasury: Reserve account — immutable, provides floor price, only accessible through redemption