Uniwhale Exchange
  • 🐳Introduction
  • Our Vision
  • Unique Oracle Design
  • Trading
  • Liquidity Pool
  • Security
    • Early Warning and TimeLock
  • Upgrade Tokenomics V2.0
    • Replace esUNW with UNW as the primary emission token
    • Migration of esUNW to “esUNW-v2”
    • Introduction of “Fee Vault”
    • Introduction of “Hyper Event with Ladder”
    • Summary
  • Classic Tokenomics V1.0
    • ULP - The Liquidity Pool Token
    • UNW - The Utility Token
    • esUNW - The Governance Token
    • Revenue Distribution and Emission
    • Token Distribution
    • Comparison of UNW and esUNW
  • Uniwhale Genesis Pass
  • Roadmap
  • Social Media
  • Terms and Condition
  • 🎮Developers
    • Smart Contracts
  • Deprecated
    • Testnet Trading Competition
Powered by GitBook
On this page
  • Key Summary
  • Become Uniwhale Liquidity Provider
Edit on GitHub
  1. Classic Tokenomics V1.0

ULP - The Liquidity Pool Token

PreviousClassic Tokenomics V1.0NextUNW - The Utility Token

Last updated 2 years ago

ULP is our liquidity pool token. It is transferrable. Liquidity providers mint ULP when they provide liquidity to Uniwhale. The number of ULP minted is proportional to the amount of liquidity you provide relative to the liquidity balance Uniwhale holds. ULP holders can stake ULP to participate in the distribution of value accrued and the token emission. ULP can be redeemed any time in stablecoins, subject to the minimum collateral requirement rule. The amount of stablecoins ULP holders receive upon redemption is proportional to the number of ULP tokens burnt relative to its outstanding supply.

Key Summary

Token Symbol

ULP

Contract address

Become

0xbdecafd9096d43616a8e0eb8f3fa0865fd4769e7
Uniwhale Liquidity Provider