UBD Network UDBN | ||||
We provide the decentralized platform for managing crypto assets - inheritance, storage, trust management through smart contracts without intermediaries | ||||
Start date | 01. Jul 2023 | End date | 29. Dec 2023 | |
Information | United Blockchain Dollar Network (UBD Network) with its general goal of creating a convenient tool for asset management without restrictions for users, offers ease of use, security, and privacy for both you and your purposes through the digitization of trust products without restrictions of intermediaries. The UBD Network is a system of interacting smart contracts that allows users to create digital trusts to manage funds with completely different scenarios that users choose. UBD Network is a United Blockchain Dollar Network smart contract system featuring support for trust contracts ("TrustCon") that can act as a UBD Network operating system ("UBDNetOS") user environment as it supports an end-to-end decentralization (E2ED) framework. In order to ensure the functioning of the ecosystem and interaction with it, the was created - an algorithmic stablecoin that is pegged to the US Dollar and is also backed by BTC, ETH, and other stablecoins such as USDT and DAI, which are stored in the UBD Network Attractor. At the early development stage, UBD Network will be based on the Ethereum ecosystem, and the Keepers will receive rewards without the need to provide their own computing power and process transactions on their infrastructure. To receive monthly payments, both before and after the launch of UBD Network’s blockchain, the Keepers must participate in the Epochs. Epoch is a consecutive 30-day period in which UBDN holders, also known as Keepers participate to generate income. Thus, Keepers need to keep their UBDNs in their wallet during the current Epoch and not move them during the entire Epoch period, namely 30 (thirty) days, to receive payments for the current Epoch. The minimum amount of UBDN to participate in Epoch is to be altered by Halving and starts with 1024 UBDN. |
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