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The Solution
This page assume that you know what a "node token" is. If you don't know what it is, kindly refer to this page.
As we tried to help some competitors to fix their projects since they didn't know what to do, they ignored us so the solution was evident for us to launch our project and remake everything from scratch.
Aside from the "node token" concept, we rewrote everything from scratch and added unique features and optimizations to make Universe the leader of its category:

A NFT PLANET THAT EARN PERPETUAL REWARDS

Previously, nodes couldn't be transferred, bought, or sold on the market. This was yesterday.
Unlike any other competitor, Universe's Planets protocol adds the ERC-721 standard to the Node concept where they can be transferred, exchanged, and traded outside the main UNIV token, effectively opening new doors to this novel concept.
This also gives unprecedented visibility over who owns what and we are very proud of the transparency the NFT standard will bring to this project. We plan to roll out a ladder board that shows the top accounts, the planets they own, and how much they generate daily.
Their lifetime rewards can always be redeemed to UNIV tokens instantly.

BURN YOUR COINS TO BUILD A PLANET

Instead of sending your coins to the owner of the project when creating a node that automatically sells them and feeds a never-ending bearish loop you instead automatically burns 75% of your coins when creating a planet, helping make the supply more scarce.

INTELLIGENT LIQUIDITY & TREASURY MANAGEMENT

Instead of massive micro-sells triggered by compounding/reward claims, followed by another set of 4-5 big automated sells for each node creation on the trading chart to fill the treasury like every competitor as described in the (terrible) Ring Financial standard, we manually remove part of the liquidity that is generated and sent to us through the fees. We never directly sell any token, we only keep the MIM side to fill its respective purposes. This saves a lot on gas for everyone and doesn't give bearish bias to the community.

THE EARTH PROTOCOL, MAKING THE EARTH BETTER FOR YOU

We have partnered with some of the best non-profits that accept cryptos to make our Earth protocol. 10% of all the fees we collect goes right back to them and we look to expand it by the end of the year. This includes at the moment Trees and Water Project. To ensure transparency, all donations are made weekly or bi-weekly with a receipt and on-chain proofs of donation.

INNOVATIVE BUY BACK AND BURN MECHANISM

As soon as we start receiving liquidity dedicated to bringing revenues we will put it to work in staking and farms according to our supported protocols. The generated rewards will then be passed through Tornado Cash and will be only used to buy progressively UNIV tokens and burn them from anonymous wallets followed by an announcement after it's done. This way, it will prevent pump and dumpers from taking advantage of the buyback mechanism and leaving the rewards to the community. For transparency purposes, all of the farming and staking activity is made on-chain can be observed by the community on Zapper.

SMART DAILY LIMITS

Smart Daily Limits are part of Universe innovations to keep liquidity pools safer from bots and vicious whales, making Universe the safest node-type of token to hold. Wallets are limited to only accumulating a number of tokens per day. They can always sell what they have bought at any time which allows swing trading. They can always safely claim rewards of the planet(s) but transferring or selling them more than the daily limit will require them to wait the next day. This way, no one can buy a significant part of the supply on launch and no one can sell a significant amount of rewards at once. More details can be found here.

DECENTRALIZED AUTONOMOUS ORGANIZATION (Q3 2022)

With your NFTs, you will be able to vote and propose new ideas for the project. Remember how Louverture decided from one day to the other to slash 85% of the rewards rate without the feedback from the community and kept the treasury fees as high as before? Right. Universe is for the people first and foremost, not for its team.
The voting power will be the total amount locked in across all the planets you own. We also can't wait to then use this mechanism for more exciting features we have in mind such as leveraged weekly futures contracts voted by the community where the profits go back to them and so on.

OPTIMISED FOR PERFORMANCE, RELIABILITY AND SECURITY

The contract has been rewritten from the ground up to keep in mind the performance, security, reliability, and clarity of code. Our developers which have a background in development, security, and economics made sure of that. Our masterpiece is already available open-source for investors' peace of mind. Beware of the copycats! An audit with a known and skilled team is planned for Q2 2022.
To summarise: with its innovative features from the NFTs and intelligent liquidity and treasury management to the unique anti-dump mechanism, the possibilities become endless. It makes Universe the perfect candidate to lead the DeFi 3.0 evolution on Avalanche. Check out our roadmap in the Roadmap section for more information.
Last modified 1d ago