Our Blockchain Coalition is taking a leading role in the implementation of advanced technologies that are shaping the future of the digital landscape. By establishing an ecosystem that encompasses Web3, Defi, and Metaverse, we are creating a unified platform that can be accessed and utilized by individuals and organizations on a global scale.
Web3, or the decentralized web, is a term used to describe the next generation of the internet where data is stored on a network of decentralized nodes rather than on centralized servers controlled by a single entity. Defi, or decentralized finance, is a new financial system built on blockchain technology that allows for the creation of financial services and products that are open, transparent, and accessible to anyone with an internet connection. Metaverse, also known as virtual reality, is a digital world that is created and controlled by its users, providing an immersive experience and new opportunities for social interaction, entertainment, and commerce.
By bringing these technologies together and providing a seamless integration, our Blockchain Coalition is enabling a new era of digital innovation and collaboration. It creates a decentralized infrastructure that allows for the development of new applications and services, enabling a more efficient and transparent way of conducting business and interacting with each other. This new ecosystem will bring benefits to various industries including but not limited to finance, healthcare, education and entertainment.
The token distribution breakdown is as follows: 30.3% allocated to liquidity injection, 21.26% reserved for DAO use once it's operational, 19.7% designated for our fair launch, 13% set aside for $USR-C ecosystem and DAO-controlled exchange listings. Additionally, 7.22% will be in the hands of the community for marketing efforts, while 1.3% will support $USR-C and serve as the backbone of $USR, utilizing a hybrid BNB/$USR liquidity pool.
User Technology, the entity responsible for overseeing the administration of the USER Token, intends to launch a suite of retail services spanning various sectors including eCommerce, online rental and management services, digital currency exchanges, self-storage solutions, and transportation and delivery services. These offerings will aim to provide users with a comprehensive and integrated experience, allowing them to seamlessly engage with various facets of the retail industry using the USER Token.
Our tokenomics features a progressive taxation model with a buy tax of 2.5%, transfer tax of 3%, and sell tax of 4.5%. These taxes, implemented at a low rate, ensure the usability and tradability of our ecosystem. They also power a rewarding system that will be detailed on our website, while simultaneously serving as the driving force behind our development efforts. We've integrated a destruction mechanic alongside automatic LP injection. This will ensure that as the supply decreases, the LP to market cap ratio offers greater token stability.
You can purchase UserToken on our website by buying BNB and using our buy widget for direct swaps, with additional purchase options on the way.
The initial supply of 21 billion provides the necessary flexibility for the development of our ecosystem and projects. This sustainable number pays homage to Bitcoin's origins and serves as the foundation for our journey.
Reflections are paid to the contract and community, not to individuals. Our unique mechanics, combining a destruction function with automated LP injections, help stabilize price action relative to the market cap. Please update our website to represent this accurately.
Our supply reduction employs a distinctive mechanic that harmonizes with our LP pairing mechanism. With each contract upgrade, we have the potential to burn up to 10% of the supply. Recently, we initiated a burn that resulted in the reduction of approximately 5,020,749,746.15602 supply tokens, with an estimated value of approximately $59,947.75. This action has left our current supply at 15,979,250,253.84398 tokens. While we plan to employ a DAO in the future to halt this mechanism, our current capped supply of 21 billion or less remains integral to our ecosystem's foundation.
"User Technologies" has control over the wallet used to deploy the "USER" token, but there are also measures in place, such as multisignature controls, to ensure the security of the "UT" project
InterFI has successfully audited the User Token, and the audit report can be found on www.usertoken.io. However, it's worth noting that InterFI conducted legacy audits, while our current audits are conducted by Expelee, along with internal audits conducted by User Technologies. These audits will continue to be expanded and adapted as necessary to support our ongoing product development efforts.
USER Token is built on the Binance Smart Chain (BSC), which is a blockchain ecosystem that is rapidly gaining popularity because of its fast transaction times, low fees and reduced electronic waste compared to other blockchain ecosystems. Additionally, that there are plans to utilize cross-chain technologies to further enhance the capabilities of the USER Token. Our team behind the USER Token is actively seeking to take advantage of the latest developments in blockchain technology to improve the performance and scalability of their project. Furthermore, we are emphasizing the advantages of the Binance Smart Chain over other blockchain networks, which makes it an attractive choice for projects like USER Token. Overall, we are showcasing the USER Token's commitment to staying on top of the latest trends in blockchain technology and providing optimal performance to its users.
As the team behind USER Token, we understand the importance of ensuring stability for our users in the highly volatile crypto market. That's why we have implemented several measures to mitigate price volatility. One of the key strategies we have employed is a revenue-based model that will add liquidity to the company and token within an ecosystem. By generating revenue through our platform, we can use a portion of those funds to increase the available supply of liquduity, which can help to stabilize the price. Additionally, we have also implemented an LP injection wallet as a mechanism for injecting liquidity into the market by allowing users to provide liquidity to a pool in exchange for a share of the pool's assets.
Moreover, we have taken an extra step to protect our users against the negative impact of large sell orders by building a secondary LP injection protocol. This protocol is designed to trigger a buying action in the event of a sell undertaking, which would absorb some of the tokens being sold, thus reducing the downward pressure on the price. This shows our commitment to providing a stable and secure experience for our users. Overall, our goal is to provide a platform that is not only innovative but also responsive to market conditions, to ensure that our users have the best experience possible.
After the launch of the UT, we will take a comprehensive approach to listing it on various cryptocurrency marketplaces, including Coinmarketcap and Coingecko. This will include submitting detailed information about UT, as well as ensuring all relevant data is accurately represented. The goal is to maximize visibility and exposure for UT, and increase its liquidity in the market.
Our goal is to establish a centralized repository for existing technologies and expand upon them through active development and research. Additionally, we will provide mechanisms for additional decentralized finance (DeFi) capabilities to further enhance the utility of our platform. Our innovative governance mechanism will empower stakeholders to actively participate in the direction and decision-making of the project, ensuring it stays aligned with their needs and vision.
We have a variety of channels through which you can reach out to us for support. You can contact us through any of our social media platforms or by sending an email through our website at https://www.usertoken.io by selecting the support link. In order to ensure that your inquiry is directed to the appropriate department, we ask that you clearly identify whether your inquiry is related to marketing or technical support.