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What Is UniPower (POWER) Coin Review ? Complete Guide Review About UniPower

Denny Bitsong by Denny Bitsong
15/05/2023
What Is UniPower (POWER) Coin Review ? Complete Guide Review About UniPower
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What Is UniPower (POWER) Coin Review ?

UniPower is the first Proof of Liquidity (PoL) ERC-20 token on the Ethereum blockchain. As of Aug 2021 we became a cross-chain token on Polygon (MATIC). It is underpinned by multiple use-cases and a serious community organization . At inception 100% of the 1M supply was sent to Uniswap. No more tokens can ever be minted. It’s now solely powered by Uniswap.

UniPower future for will be driven by its Community Team and DAO system. Trading fees generated from Uniswap will always be distributed or used for token buybacks. On top of this the Team will always be innovating, striving to build out token use case and capture the latest trends in crypto

UniPower may also look to develop a native yield farm at some point in the future, but don’t have any current immediate plans. Due to high Ethereum gas fees, it’s likely any farm we launch will be on one of the EVM (Ethereum Virtual Machine) platforms like Polygon, BSC (Binance Smart Chain), Harmony, etc. We are also open to the possibility of a complimentary farming token, but rest assured POWER will always be our number one focus and at the core of our ecosystem. We are committed to driving maximum value to POWER.

UniPower will also seek partnerships with other projects. In return for promoting their project, they will give us tokens that will be placed into staking pools. Alternatively they may give us a slot on their farm or vault. partnership with PolyShield is a great example of this. The community will be able to stake POWER and earn those tokens.

UniPower(POWER) Storage Key Points

Coin BasicInformation
Coin NameUniPower
Short Name(POWER)
Circulating Supply1,000,000.00 POWER
Max Supply1,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Open Source

UniPower (POWER) 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.

What’s Coming To UniPower

Token Launch and Supply

UniPower token launched and entire supply sent to Uniswap

Community Executive Organisation

UniPower Executive Organisation created and new organisational structure established

Growth Analysis and Strategic Review

UniPower analysis and Phase 1 (foundation) / Phase 2 (project execution) planning

Migrate Assets

UniPower key assets to Community Executive

Hire Team

Team Hired on vesting schedule. As of October 2021, vesting schedule has been withdrawn but team remains in place to support the project

Website Development & Collaboration Infrastructure

UniPower Domain transferred to Community Executive ownership. Website Migrated to Content Management Based System and Development Ongoing. Team Collaboration Structure estblished and organisation migrated to Google Workspace

Project Reboot & Hiring

UniPower to Community of Future Strategy, New Team Hires and Roadmap. Website Relaunch.

Partner Farm Listing & Bridge (Delivered early in Aug 2021)

UniPower listing on Partner Yield Farm and Bridge Launch

Add New Partners

Expand Partner Ecosystem for UniPower. Seeking on an ongoing basis to expand POWER partner staking options in safe yield farms and vaults

Use Cases

Current use cases for the POWER token are:

  • DeFi Staking Dapps 
  • DAO Governance
  • Partner Farming
  • Partner Promotion

Future Use Cases

Use cases we hope to develop at some point in the future are:

  • Native Yield Farming and Staking Pools
  • Decentralised Vesting
  • Community Competitions
  • Shopping Perks

Tokenomics

Below is a summary of the POWER token economics:

Max Supply: 1,000,000 (1 million)
Circulating Supply: 1,000,000 (1 million, fully issued on launch)
Team allocation: 0
Blockchain: Ethereum
Token type: ERC-20

Contract: 0xf2f9a7e93f845b3ce154efbeb64fb9346fcce509

Tags: UniPowerUniPower loginUniPower sign up
Denny Bitsong

Denny Bitsong

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .