UniPower ($POWER) - The first of its kind 100% PoL

Unipower is a first of a kind DeFi project. The innovative concept of UniPower will drastically improve how DeFi works on blockchain, with the introduction of Proof of Liquidity.




What is UniPower?
This ethereum token is the first Proof of Liquidity (PoL) meaning at inception 100% of the 1,000,000 supply was sent to Uniswap. No more tokens can ever be minted, and so is now solely powered by Uniswap.


The future for UniPower will be the flagship uniswap pool managed by a DAO system where the trading fees generated can be distributed or for token buybacks.

How does that work?
Uniswap is a dex which works by a liquidity pool. Trades on the dex pay 0.3% fee to the liquidity providers. So UniPower has a large liquidity pool on uniswap (when it provided 100% token supply at inception). Now that initial liquidity is earning trading fees from all volume indefinitely. These fees get fed into the power ecosystem and distributed to power token holders!

Open Sourced & Decentralized:
UniPower is an immutable ERC20 token, which means that every transaction is visible on the Ethereum blockchain. Here is the verifiable transaction where 100% of the supply was sent to Uniswap at the tokens inception and here is the "Liquidity Vault" smart contract storing the liquidity.




UniPower's Dapps:
There are two dapps in the UniPower ecosystem so far, PowerLock & StaticPower. Both these dapps are for staking power tokens under different plans & in return users receive weekly free power divs from the trading fees accumulated by the Uniswap liquidity!




Where can I learn more?


COMMENT

21

EngrSamest .
29 Jul

We are happy to see you joining the people's first social media platform. Enjoy your journey with us

15 REPLY

23

preview not available Ivan KR
29 Jul

Welcome, Unipower! Super exciting to see you here on Uptrennd! 🔥🔥🔥

13 REPLY

20

preview not available Kris JS
29 Jul

Proof of Liquidity is a brand new concept to me but actually sounds very interesting, it's great having you guys here on Uptrennd and I look forward to your project updates over time. Could be one to keep an eye on this! 

11 REPLY

31

preview not available St3v3 T88888
29 Jul

Great to have you with us on Uptrennd ive just followed you to keep up with your project

11 REPLY

28

preview not available Luke Brenland
29 Jul

Welcome to the community :D

Looking forward to learning more about your project!

10 REPLY

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