Unidef is for Decentralized Economy, and its value is correlated to the ecosystem’s success via various economic links. It is a BEP-20 utility token built on the BNB Smart Chain and is the glue that binds all U community members together. The vision and mission of DAO will be driven by $U holders, contributors, and community leaders. The DAO aspires to support a wide range of projects in Decentralized Economy, Crypto, NFT, and Metaverse space.
Help expand global adoption, ownership, and utility to increase U uptake.
Support for the U decentralized currency through development and advocacy.
Protect U Intellectual property against any infringement and handle a range of intellectual property litigation matters.
Act as a speaking partner to regulators and institutions.
Engage businesses, non-profits, and regulators to build synergy within and across key sectors in order to broaden unique opportunities.
Contribute to the growth of awareness about U, Web3, Metaverse, etc.
Enhance and develop infrastructure including a suite of tools and services.
The DAO Board
A special council on the Unidef idef Initiative for U (the DAO’s “Board”) provides, at the behest of the Unidef DAO members, oversight of the Foundation administrators. The purpose of the Board is to administer DAO proposals and serve the vision of the community. It meets on proposals requiring administrative review under DAO rules.
The initial Board serves a term of six months, after which DAO members will vote annually on Board members. This special council will oversee the decisions of the community together with other council members.
Unidef Initiative for U
The core components of U are decentralized and self-running, but there are a few things that require some human discretion. We believe that the success of U is through broad global adoption and utility, and intend to focus on projects that increase U uptake at a grassroots level.
The evolution of U is managed through the Foundation, looked after by the Unidef DAO through its open governance policies to increase clarity, efficacy, and efficiency. The Foundation, which is part of the global U community, does not own or lead U and it is currently working with the Unidef DAO community to bootstrap decentralized governance of the project in conjunction with a number of outside partners and drive it toward a complete decentralization.
The goal of the Foundation is to incorporate a fair and inclusive way to utilize the Ecosystem Development Fund, which is controlled by a multisig wallet, to pay its expenses as directed by the Unidef DAO and provides an infrastructure for U holders to collaborate through open and permission less governance processes.
Unidef is a BEP-20 utility token that is utilized for value transfers as well as governance used within the U ecosystem to empower decentralized community building. Not only does U have all the features of any other cryptocurrency, it can also be used in a wide range of applications and use cases.
Unidef is the ecosystem’s governance token, allowing U holders to participate in DAO. Since U holders become members of the They DAO, they become responsible for voting on proposed changes to protocols and ensuring that the project’s long-term vision is upheld.
Unification of Spend
U is the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries. Also, U is supposed to be used as the primary currency for payments, transactions, and interactions in global networks.
Unidef provides access to certain parts of the ecosystem that are otherwise unavailable.
U is the native token of the Unidef DAO, which acts as a tool to coordinate activity and is awarded to community members for participation in the movement.
The total supply of U is permanently fixed at 990 billion tokens. No minting capability is exposed through the contract interface, thus the total supply will never increase, but the total supply will decrease over time through different burning mechanisms.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.