FAQ(EN)
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common problem
1. Know Unitstable Cash
There are many different types of stablecoins on the market, and we think algorithmic stablecoins are a very promising model. Facts have also proved that its economy and wide user groups are currently the best. However, various algorithmic stablecoins have had great volatility before, and stable cash appeared to solve the volatility of algorithmic stablecoins. Welcome to our community to learn about Unitstable Cash! In addition, you can also join us on Twitter, Medium, and Discord to keep up to date with the latest information!
2. What is the difference between Unitstable Cash and other algorithmic stablecoins?
At present, the biggest problem with all algorithmic stablecoin projects on the market is the huge price fluctuations of the algorithmic stablecoins in the early stage. The main reason is that the initial stablecoin flow pool is very small, so the price range is very large. UAC's operation team will add 50,000 UAC tokens and 50,000 USDT to the liquidity pool at the initial stage to help UAC survive the previous period of volatility. In addition, the official will publicize this address to ensure the fairness of the project.
3. What is the purpose of the token in the public address?
The tokens in the public address may generate profit, so the distribution of profitable tokens will be distributed according to the following purposes
A. 50% is used for market value maintenance At present, there are many imitation disks, many of which have a life cycle of 3-5 days. The early UAC/USDT flow pool is particularly important and will be used as an important adjustment tool.
B. 20% for the top ten community rewards Ten communities are recruited as members of the governance UAC committee, and dividends are distributed every other period.
C. 10% for media cooperation Used for project promotion
D. 20% for project cooperation All project parties are welcome to reach cooperation with UAD, and other project parties will open UAC/? LP flow pools to accelerate the implementation of UAC.
4. What is the goal of Unitstable Cash?
Through the transactions between Unitstable Cash, Unitstable Share and Unitstable Bond, the price of Unitstable Cash (UAC) has been maintained at around $1 for a long time, making it a viable stable currency.
5. When will it be released?
The initial issuance of UAC will be allocated to users who pledged 10 kinds of tokens, while the token issuance of UAS will soon start after the initial UAC issuance.
6. Are there any Telegram groups?
We do have a Telegram group, https://t.me/unitstablecash
At the same time we are also creating a Discord community https://discord.gg/eACtHctz
Unitstable Cash token
7. What kinds of tokens are there in the Unitstable Cash protocol?
There are three tokens in the Unitstable Cash protocol, namely Unitstable Cash (UAC), Unitstable Share (UAS) and Unitstable Bond (UAB). Unitstable Cash (UAC)
8. What is UAC token?
Unitstable Cash (UAC) is a stable currency anchored at 1 USD.
9. Where can I redeem UAC?
You can buy and sell on UniSwap and provide liquidity for UAC and UAS.
10. What is the address of Unitstable Cash (UAC)?
11.What is the initial supply of UAC tokens?
The total supply of UAC tokens is 100,00.
12.How is UAC initial token issuance distributed?
There are a total of 100,000 initial tokens. During the distribution, 50,000 UAC tokens will be evenly distributed among 10 token pools, and 10,000 UAC tokens will be released daily within 5 days. The remaining 50,000 UAC tokens will be used to add to the UAC-USDT UNI liquidity pool to maximize the stability of the UAC price. Its address will be shown publicly.
13.Who can get UAC token issuance?
Stake the following tokens to obtain the initial token UAC:
Stable coins include: DAI, USDT, HUSD, BUSD, BAC, MIC;
Community: YFI, SUSHI, UNI, LINK.
Unitstable Share (UAS)
14.What is UAS token?
Unitstable Share (UAS) token holders are the most important existence in the agreement, providing liquidity and guiding the agreement. Therefore, in return, UAS holders will receive tokens at the initial token issuance.
15.What is the address of Unitstable Share (UAS)?
16.What is the total supply of UAS tokens?
For UAC-USDT Uniswap liquidity providers, the total issuance of the liquidity pool is 750,000 UAS tokens; for UAS-USDT Uniswap liquidity providers, it is 250,000 UAS.
17.How is the initial token issuance of UAS distributed?
A. For UAC-USDT Uniswap liquidity providers:
6250 UAS will be deposited in the liquidity pool at the beginning, and then the deposit will be reduced by 75% every 30 days
B. For UAS-USDT Uniswap liquidity providers:
The liquidity pool will issue 250,000 MIS within 365 days, with equal daily distribution.
18.Who will get the token issuance of UAS?
The issuance of UAS tokens will begin soon after the initial issuance of UAC, and will be mainly distributed to UAC-USDT Uniswap and UAS-USDT Uniswap liquidity providers.
Unitstable Bond (UAB)
19.What is UAB token?
Like UAS, the role of Unitstable Bond (UAB) is to promote price circulation and guide UAC to rise to $1.
20.What is the address of Unitstable Bond (UAB)?
Token economic cycle
21. What is the token economic cycle in the Unitstable Cash protocol?
In the Unitstable Cash protocol, the token economic cycle has an expansion phase and a contraction phase.
22. What is the expansion phase?
When the transaction price of UAC is higher than $1, based on the theory of supply and demand, it can be known that by increasing the total supply of UAC tokens, it will increase to $1.
23. What can be done in the expansion phase?
At this stage, users can exchange UAB for UAC at a price of 1:1.
24. What is the contraction phase?
When the transaction price of UAC is lower than $1, it is known from the theory of supply and demand that reducing the supply of UAC tokens will cause the price to rise to $1.
25. What can be done during the contraction phase?
At this stage, users can enjoy a discount to purchase UAB with UAC, so that UAC is no longer in circulation, so that they have the opportunity to exchange one UAB back to one UAC when the UAC transaction price is higher than $1 in the future. Liquidity Provider Reward Program
26. How to get reward tokens in the liquidity reward program?
1. Provide liquidity in Uniswap UAC/USDT or UAS/USDT liquidity pool
2. Purchase UAC and deposit UAS pledge in Boardroom
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