The utility token of the Uniqly platform introduced to achieve sustainable payment infrastructure for a variety of products
UNIQ is the utility token of the Uniqly platform. It serves as a payment method for Wearables 3.0 in Stores & Drops, and also is used to cover the infrastructural costs of Redeem.
Ethereum gas fee is an enormous problem for many platforms, including Uniqly. In order to offer users a cheaper way to use our ecosystem, we have been integrated with Polygon! But to have the full potential to use our services and products, you need to have the UNIQ token on Polygon first. There are two ways:
Bridge - use your existing UNIQ tokens on Ethereum and bridge them to Polygon.
HOW TO BRIDGE UNIQ TO POLYGON
Buy UNIQ on Quickswap - Swap other tokens to UNIQ directly on the Polygon network.
Please keep in mind that MATIC, the native token of Polygon, is required to make transactions.
Payment method for products and services on Uniqly platform.
Discount for Wearables 3.0 during purchase with UNIQ.
Staking activities for NFT and more UNIQ rewards.
15% of the profits from the platform are paid to UNIQ holders as ETH rewards.
5% of the profits from the platform are spent on the buyback & burn of UNIQ tokens
Tokenomics is a crucial element to understand the value of each cryptocurrency within its ecosystem. Check our whitepaper, to understand deeply the idea behind UNIQ.
In order to manage the supply of UNIQ after the presale, a special vesting mechanism was implemented. It lasted 20 weeks, starting from April 2021 and ending in September 2021. During that time all UNIQ tokens from the presale were unlocked for early investors. The rest of the UNIQ tokens for Development, Marketing, and Team were gradually released until February 2022. Since that time, the whole supply of UNIQ has been unlocked.