Unispace protocol, a decentralized finance computing network that offers a full alternative for traditional blockchain services, is undertaking a public sale of its USPC tokens through the Uniswap decentralized exchange.
Notably, the USPC token that is pegged in a ratio of 1:1 with the USDT was listed on the Uniswap decentralized exchange on May 25. The public sale is expected to take place for the next one month or so when the firm will unveil the rest of the tokens.
Unispace intends to sell up to $22 million worth of USPC tokens, which were ostensibly put available on Uniswap on May 25. According to the project’s whitepaper, Unispace uses the USPC token as a unification space token.
The platform has offered several discounts for the USPC token buyers during the public sale on the Uniswap exchange depending on the amount of money invested. According to the firm through a press release, early investors who purchase USPC tokens can earn different rewards.
Notably, for users who purchase USPC tokens worth over $3000, the firm will offer a bonus of up to 25%. Additionally, users who purchase USPC tokens that are worth more than $10,000 will attract a bonus of up to 35%, whilst users who purchase USPC coins worth over $25,000 will attract a bonus of up to 50%.
The Unispace network was built on the Ethereum ecosystem thus making the USPC an ERC20 token with all notable features including security. According to the firm, users can eventually use their USPC tokens to stake and earn rewards.
The Unispace project offers an annual percentage yield (APY) of up to 250%. On its activities epicenter, Uniswap offers to stake to earn three different kinds of tokens. Among them include the Earth coin, Mars coin, and Saturn coin.
However, the firm has set out different dates for the launch of staking each coin. Notably, the Uniswap project has set July 1 as the date to launch staking of Earth coins. Additionally, the project noted that it will offer an annual percentage yield (APY) of up to 100%.
As for the Mars coin, it will be available for staking on July 7, and the firm will offer an annual percentage yield (APY) of up to 150%. The Saturn coin staking will begin on July 14, whereby the annual percentage yield (APY) has been set at 200%.
