UEEx is planning to launch its platform token, UECoin (UE), on July 18, 2024. This article provides a detailed overview of the design goals and acquisition method of UECoin.
What is UECoin?
UECoin (UE) is a cryptocurrency designed to support the trading ecosystem of UEEx. The total supply of UE is strictly limited to 10 billion tokens and aims to become one of the most popular functional tokens worldwide. UE can be traded like any other cryptocurrency and offers a wide range of applications and use cases.
Token Details
▪️ Pre-sale price: 0.001 USDT
▪️ Total supply: 10 billion UE
▪️ Circulating supply: 1.5 billion UE
▪️ Blockchain: BSC Chain
▪️ Blockchain Explorer:
Token Distribution
▪️ 15% (1.5 billion UE) for user pre-sales
▪️ Mining Reward 75% (7.5 billion UE)
▪️ 10% (1 billion UE) for ecosystem development
Fund Distribution
▪️ 35% is spent on platform and system upgrades, which includes team recruitment, training, and development budgets.
▪️ 50% will be used for platform brand promotion and marketing, including ongoing blockchain innovation, education, advertising campaigns, and driving active users to the platform.
▪️ 15% is a reserve for potential emergencies or unexpected situations.
UE's Value and Redemption Plan
UECoin provides various utilities on the UEEx platform, including:
▪️Transaction Fees
▪️Withdrawal Fee
▪️Registration fee
▪️Other fees
UEEx plans to use 20% of its revenue each quarter to buy back UE and burn it until 50% of the total supply (5 billion UE) is bought back and destroyed. All buyback transactions will be transparently recorded on the blockchain.
Use Cases for UE
▪️Pay fees: You can use UE to pay trading fees, withdrawal fees, listing fees, etc.
▪️ Token Sales: UE holders can participate in various token sales.
▪️ Fee Discount: Holding UE entitles you to a discount on trading fees.
Fuel Charge Combustion Mechanism
A fixed percentage of transaction fees, as determined by the community, are burned as fuel fees. This mechanism helps reduce the circulating supply and adds value to the remaining tokens.
How to get UECoin on July 18, 2024
There are two main ways to acquire UECoin:
1. Participate in the IEO pre-sale on UEEx:
▪️ Participate directly in the IEO (Initial Exchange Offering) presale on UEEx. This is a great opportunity to purchase UECoin at the presale price of 0.001 USDT per token. The IEO presale will start on July 18, 2024 at 19:59 (UTC+4).
2. Earn UECoin via the Telegram mini program “UECoin Miner”:
▪️ Earn UECoin through the innovative UECoin Miner Telegram mini-program. This method allows users to collect UECoin by interacting with the mini-program. A certain amount of UECoin or USDT is automatically generated every minute, and users can collect it with a simple click. Expanding the area within the mini-program can increase the collection opportunities.
List of trading pairs
The UECoin (UE) trading pair will be listed on UEEx's spot trading platform on July 22, 2024 at 19:59 (UTC+4), allowing users to trade and exchange UECoin.
conclusion
The introduction of UECoin represents a significant milestone for UEEx, promising a more streamlined and efficient trading experience. As UEEx innovates and expands its offerings, UECoin is poised to play a significant role in the growth of the platform and user engagement.
Stay tuned to the official UEEx media for the latest updates and get ready to participate in the pre-sale on July 18, 2024. Thanks for reading!
Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment or financial advice.
