Token Utility
Unigate Token UGT is the token that powers the Unigate Platform.
Last updated
Unigate Token UGT is the token that powers the Unigate Platform.
Last updated
Use UGT to pay the fees incurred by interacting with the Unigate platform and leveraging its services.
Every time tokens are bridged through Unigate's bridging system
Earn UGT when providing services to the Unigate platform and community:
Earn UGT from Farms and Pools, or buy it on the exchange, then explore its use cases:
Stake it in Pools to earn free tokens
Use it in Yield Farms to earn more UGT
Participate in IFO Token Sales
Invite & Integrate Merchant to earn free tokens
But that's not all -- there's much more on the horizon for UGT!
Token is a utility token for users to pay fees, and for the protocol to reward its users:
User pays UGT
(un)wraps basecoin → bridge
wrapped coin routing between chains → router
User gets UGT
user farms liquidity pool
wrapped coin
DeFi incentives (see other defi tokens)
Staking ?
DeFi:
Lending / Collateralized Borrowing
Liquidity Pools Pooling (0.25% of trading in pooled tokens)
Liquidity Pools Farming (pool interest + n % in UGT)
Hedge crypto in portfolio token synthetics (0.33 BUSD : 0.33 USDT : 0.33 USDC)
