UEEx is gearing up to launch its platform token, UECoin (UE), on July 18, 2024. This article delves into the details of UECoin’s design objectives and acquisition methods. UECoin is a cryptocurrency that has been specifically designed to support the trading ecosystem of UEEx. With a total supply capped at 10 billion tokens, UECoin aims to become one of the most popular functional tokens globally, offering a myriad of applications and use cases.
The Presale Price of UECoin is set at 0.001 USDT, with a Total Supply of 10 Billion UE and a Circulating Supply of 1.5 Billion UE on the BSC Chain. The token distribution sees 15% allocated for User Presale, 75% for Mining Rewards, and 10% for Ecosystem Development. The funds allocated are divided into various categories, with 35% earmarked for platform and system upgrades, 50% for platform brand promotion and marketing, and 15% kept as reserves for any unforeseen circumstances.
UECoin provides numerous utilities on the UEEx platform, including Trading Fees, Withdrawal Fees, Listing Fees, and Other Fees. The platform plans to buy back and burn UECoin using 20% of its profits every quarter until 50% of the total supply is repurchased and destroyed. This buyback process will be transparently recorded on the blockchain. UECoin can also be used for Fee Payments, Token Sales participation, and Fee Discounts on trading fees.
The fuel fee burn mechanism will see a fixed percentage of trading fees determined by the community being burned as fuel fees. This mechanism aims to reduce the circulating supply of UECoin and increase the value of the remaining tokens. Interested individuals can acquire UECoin on July 18, 2024, through two primary methods: participating in the IEO Presale on UEEx or earning UECoin via the Telegram Mini Program “UECoin Miner,” which allows users to gather UECoin through interaction with the mini program.
The UECoin (UE) trading pair will be listed on UEEx’s spot trading platform on July 22, 2024, providing users with the opportunity to trade and exchange UECoin. As the introduction of UECoin marks a significant milestone for UEEx, it promises a more streamlined and efficient trading experience. UECoin is poised to play a crucial role in the platform’s growth and user engagement as UEEx continues to innovate and expand its offerings. Keep an eye on UEEx’s official media for the latest updates and be prepared to participate in the presale on July 18, 2024. Thank you for reading and stay tuned for more information!
