Hive economy is changing all the time, even curation reward is not stable and depends on many factors. It doesn’t allow to pay enough percent for HP delegation. Also, the same problem is for the partner’s program.
ua-promoter has additional income from benefactor rewards, payments for using the service, and percent for exchange Hive and Kuna Code (Ukrainian exchange)
To solve this problem was created UAP token
- Max Supply: 10 000
- Token deflationary
- The first token release starts Jun 2022 from 100 UAP
- Every month the token release decreases by 1%
Thanks to Hive-Engine Diesel Pool, high additional income, and deflationary model, the price of UAP token will be always increasing relatively to HIVE. Even if all monthly released tokens will be swapped to Hive, next month, the UAP token will cost even more.
How does it work:
ua-promoter sends HIVE/HBD to @uapb account. HBD automatically converts to HIVE, HIVE sends to Hive-Engine, and automatically buys UAP token and adds it to SWAP.HIVE/UAP Diesel Pool.
Tokens in Diesel Pool will be “forever”. “Forever” means, that tokens will be there all time, while Hive-Engine/Diesel Pools exist. If Diesel Pools will cease to exist, UAP tokens will be burned and HIVE tokens will return to ua-promoter as VESTS (HP)
Constant income HIVE to SWAP.HIVE/UAP pool at the same time with decreasing UAP token release every month by 1% ensures continuous price growth of UAP token to HIVE. It makes UAP token an attractive investment in Hive-Engine ecosystem.
Monthly token distribution
- 60% to ua-promoter delegators
- 25% to partner's program
- 10% to rewards exchange between HIVE and Kuna Code
- 5% to ua-promoter fund - @uapf. The fund will be used for different incentives.
How to get UAP token?
By delegating HP to @ua-promoter
Every week, in addition to usual sponsor rewards, 15% of the monthly UAP token amount will be distributed between sponsors.
Buy UAP tokens directly
To do it, you should go to https://tribaldex.com/dieselpools/ or https://beeswap.dcity.io/swap, and select SWAP.HIVE in the top menu and UAP in the bottom menu.