Tokenomics

The tokenomics of Union Coin are designed to ensure a balanced distribution, incentivize participation, and support the long-term stability and growth of the ecosystem. This section outlines the total supply, distribution plan, strategies for the initial offering, and mechanisms for encouraging engagement and ensuring the coin's steady development.

Total Supply and Distribution Plan

• Total Supply: The total supply of Union Coin is set at 100 billion tokens. This finite supply is intended to prevent inflation and preserve the value of Union Coin over time.

• Distribution Plan:

  • Public Sale (ICO): 70% of the total supply will be allocated for public sale through an Initial Coin Offering (ICO) providing early investors with the opportunity to participate in the project.

  • Community and Partner Incentives: 10% will be reserved for community rewards, airdrops, and strategic partnerships to foster growth and adoption, subject to a 1 yaer lock-up period with vesting to align long-term interests.

  • Team and Advisors: No tokens is allocated to the founding team and advisors.

  • Ecosystem Development Fund: 10% will support the ongoing development of the Union Coin ecosystem, including funding new projects, security audits, and technology upgrades, subject to a 1 yaer lock-up period with vesting to align long-term interests.

  • Reserve: 10% will be kept in reserve to provide liquidity and support market stability, subject to a 1 yaer lock-up period with vesting to align long-term interests.

Initial Coin Offering (ICO) or Token Sale Strategy

• The ICO will be conducted in 1 phase, offering a predetermined amount of Union Coin at a set price. This approach allows for a fair distribution and gives investors the chance to participate at fair price.

• Details regarding the ICO, including dates, pricing, and participation requirements, will be announced through official Union Coin channels.

Mechanisms for Stability and Growth

• Governance Tokens: To encourage community involvement and decentralize decision-making, active participants and stakeholders will have the opportunity to earn governance tokens, granting them voting rights on key proposals and developments within the Union Coin ecosystem.

• Ecosystem Development Fund: The fund will be strategically deployed to support initiatives that drive adoption, innovation, and user engagement, ensuring continuous growth and relevance of Union Coin.