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 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, determined by the community, will be burned as fuel fees. This mechanism helps in reducing the circulating supply, adding value to the remaining tokens.
How to Acquire UECoin on July 18, 2024
There are two primary ways to acquire UECoin:
1. Participate in the IEO Presale on UEEx:
▪️ Directly participate in the Initial Exchange Offering (IEO) presale on UEEx. This is an excellent opportunity to purchase UECoin at the presale price of 0.001 USDT per token. The IEO presale will launch on July 18, 2024, at 19:59 (UTC+4).
2. Earn UECoin through the Telegram Mini Program “UECoin Miner”:
▪️ Earn UECoin through the innovative UECoin Miner Telegram mini program. This method allows users to interact with the mini program to collect UECoin. A certain amount of UECoin or USDT is automatically generated every minute, and users can collect it by simply clicking. Expanding your territory within the mini program can increase your collection opportunities.
▪️ Telegram Mini Program Link:
Trading Pair Listing
The UECoin (UE) trading pair will be listed on UEEx’s spot trading platform on July 22, 2024, at 19:59 (UTC+4), allowing users to trade and exchange UECoin.
Conclusion
The introduction of UECoin marks a significant milestone for UEEx, promising a more streamlined and efficient trading experience. As UEEx continues to innovate and expand its offerings, UECoin is poised to play a crucial role in the platform’s growth and user engagement.
Stay tuned to UEEx’s official media for the latest updates, and be ready to participate in the presale on July 18, 2024. Thank you for reading!
Disclaimer: The above article is sponsored content. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. Readers are strongly encouraged to perform their own research before making any decisions regarding the Project.