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UNI Coin, referred to as UNIC, is the official platform digital asset issued by the Australian U network. UNIC is developed based on ERC 2.0, with a total of 100 million and will never be issued.
1. UNIC will be deductible as a transaction fee on the U-net platform, and there will be a corresponding preferential ratio according to the length of time UNIC is issued;
2. UNIC will be used as the "token" for the asset project party to go online on the U network. The project party needs to purchase a certain proportion of UNIC in the secondary market and lock the warehouse to promote development dividends and give back to investors through more channels;
3. When U network members conduct transactions on U network, their own transaction activity reaches the established standard, and they can get newly issued UNIC as a reward;
4. Every six months, the platform will use 30% of its operating profit to buy back UNIC at the current market price and burn them until the total number of UNIC burned is 50 million.