UEEx is expected to issue and conduct the IEO presale of its platform token, UE Coin (UE), on July 18, 2024. The specific time has not yet been announced. Please follow UEEx's social media platforms for the latest updates! Below are the details and design purposes of UE Coin, aimed at enhancing user experience and promoting the development of our ecosystem.
What is UE?
UE Coin (UE) will be the cryptocurrency designed to support the trading ecosystem of UEEx. With a strict cap of 10 billion UE tokens, it has the potential to become one of the most popular functional tokens globally. UE can be traded like any other cryptocurrency and offers a wide range of applications and use cases.
Token Details
- Presale Price: 0.001 USDT
- Total Supply: 10 Billion UE
- Circulating Supply: 1.5 Billion UE
- Blockchain: BSC Chain
- Blockchain Explorer: https://bscscan.com/token/0xEEE7a9d803a130760D5086d197f111d6F34194D2
Token Distribution
- 15% for User Presale (1.5 Billion UE)
- 75% for Mining Rewards (7.5 Billion UE)
- 10% for Ecosystem Development (1 Billion UE)
Fund Allocation
- 35% for platform and system upgrades, including team recruitment, training, and development budget.
- 50% for platform brand promotion and marketing, including ongoing blockchain innovation, education, advertising campaigns, and attracting active users to the platform.
- 15% as reserves for potential emergencies or unforeseen situations.
UE's Value and Buyback Plan
You can use UE to pay for various fees on the UEEx platform, including but not limited to:
- Trading Fees
- Withdrawal Fees
- Listing Fees
- Other Fees
Each quarter, we will use 20% of our profits to buy back UE and burn them until we have repurchased 50% of the total UE supply. All buyback transactions will be recorded on the blockchain. Our goal is to ultimately burn 5 billion UE.
UE's Use Cases
- Fee Payments: UE can be used to pay trading fees, withdrawal fees, listing fees, and more.
- Token Sales: Holders of UE can participate in token sales.
- Fee Discounts: Holding UE grants discounts on trading fees.
Fuel Fee Burn Mechanism
A fixed percentage of the trading fees will be burned as fuel fees, with the percentage determined by the community.
We look forward to the launch of UE bringing you a more convenient and efficient trading experience. Thank you for your support and trust in UEEx!
The final interpretation right belongs to UEEx official.
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