Since the TG trading robot Unibot entered the Solana blockchain, news of the issuance of the new token UNISOL has been circulating. The Unibot development team also announced the token economics of UNISOL on the community platform today.
According to official statements, UNISOL will be a high total supply Solana native token, independent of the UNIBOT token. UNIBOT holders will receive 80% of the total supply of UNISOL tokens through a snapshot and claim mechanism. However, it should be noted that not all existing UNIBOT tokens are eligible for the airdrop. For example, UNIBOT tokens used for providing liquidity (LP) or the ecosystem fund will not receive the airdrop.
Furthermore, in order to avoid dilution effects on existing UNIBOT tokens caused by UNISOL tokens, the development team has optimized the distribution model. The protocol revenue generated by Unibot on Solana will be divided equally into two pools in a 50/50 ratio:
Pool 1: Distributed evenly among the addresses holding UNIBOT tokens on Ethereum, with no additional conditions. Connect the Ethereum address holding $UNIBOT to a Solana address that can receive SOL rewards.
Pool 2: Distributed evenly among the addresses holding $UNISOL on Solana.
In this way, even if the trading activity in the Solana ecosystem surpasses that of Ethereum, it will not result in UNIBOT holders selling or transferring their tokens, but rather incentivize investors to hold both tokens simultaneously. Additionally, after the news was released, the UNIBOT token saw a rapid increase of over 40% in half an hour, indicating that the issuance and model design of UNISOL are a significant advantage for the UNIBOT token itself.
Successful Conclusion of CoinEx Taiwan’s 7th Anniversary Celebration, Embracing the Arrival of the Web3 Era Hand in Hand with Users
Since its establishment in 2017, CoinEx has been a professional cryptocurrency trading pla…