Tokens

Unit Stable Cash Agreement contains 3 tokens, namely Stable Cash (UAC), Stable Stock (UAS) and Stable Bond (UAB). Stable cash is a stable currency anchored to 1 USD; holders of stable stocks are very important. Holders provide liquidity and guide the development of the agreement. Therefore, in return, holders of stable stocks will be issued in the initial tokens Obtain token rewards; and the interaction of stable cash and stable bonds is to regulate the inflation and deflation of stable cash, and guide its price to stabilize at 1 US dollar. UAC price is around 1 US dollar and becomes a real stable currency.

UAC-Unitstable Cash

Unitstable Cash tokens are designed to be used as a medium of exchange. The built-in stability mechanism expands and contracts their supply, maintaining their peg to the MakerDAO Multi-Collateral USDT token (which roughly trades near the United States Dollar).

UAB-Unitstable Bonds

Unitstable Bonds are minted and redeemed to incentivize changes in the Unitstable Cash supply. Bonds are always on sale to Unitstable Cash holders, although purchases are expected to be made at a price below 1 Unitstable Cash. At any given time, holders are able to exchange their bonds to Unitstable Cash tokens in the Unitstable Cash Treasury. Upon redemption, they are able to convert 1 Unitstable Bond to 1 Unitstable Cash, earning them a premium on their previous bond purchases.

Bonds in Unitstable Cash do not have expiration dates. All holders are able to convert their bonds to Unitstable Cash tokens, as long as the Treasury has a positive UAC balance.

UAS - Unitstable Shares

Unitstable Shares loosely represent the value of the Unitstable Cash network. Increased demand for Unitstable Cash results in new Unitstable Cash tokens to be minted and distributed to Unitstable Share holders, provided that the Treasury is sufficiently full. Holders of Unitstable Share tokens can claim a pro-rata share of Unitstable Cash tokens accumulated to the Boardroom contract.