Introducing the New $UNIT Token on Voi Network: Tokenomics Unveiled

Haroof
3 min readJun 28, 2024

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You’re never going to guess why 25% of the whales are gold.

As we gear up for the highly anticipated launch of the Voi Network mainnet, we are excited to announce the details of the new $UNIT token. Dorks will continue dominating the Voi ecosystem, and we are thrilled to take part in the planned meme coin event. When we take first place, we will use our booty to strengthen the project and brace our $UNIT. This revamped tokenomics is the first step in that direction, and you can be a part of this explosive growth.

Token Supply and Decimals

The original $UNIT token on the testnet had a supply of 42,069 with zero decimals. Rough. For mainnet, the new $UNIT token will boast a supply of 420,069 and include 8 decimals. This significant change — nearly a tenfold increase in supply and infinitely more decimals — ensures that even the smallest holders can participate in the Voi ecosystem.

You can add UNIT in Kibisis to see it in your wallet — 48703447

Check out this colorful graph! That Dork really cares about the community.

Token Distribution

The distribution of the $UNIT token is designed to mirror the principles of fairness and community, much like the $VOI token. It’s a community driven blockchain (CDB), don’t you know. Here’s how the allocation breaks down:

25% Treasury: Reserved for the ongoing and future operational needs of the Dork Community, and advancement of generous and benevolent Lord Oof.

75% Community: This portion is dedicated to various community-centric initiatives, detailed as follows:

  • 10% Early Incentives: Allocated to Voiagers who hold up to 10 Chubs and 100 $UNIT on the testnet, rewarding early adopters and loyal supporters. Holding more than this might even hurt you…
  • 35% LP Pools and Staking Initiatives: These funds will support liquidity pools and staking rewards. Holders of OG Dorks and Chubs, as well as future holders of v2 Dorks, will receive weekly rewards for their participation. Unfortunately, v2 Chubs aren’t invited to mainnet. Sad.
  • 10% Ecosystem Development: Aimed at fostering growth and development within the Voi and Dork ecosystem, this allocation will support projects and initiatives that enhance the network’s capabilities.
  • 20% Future Growth: Reserved for future expansion and growth opportunities, ensuring that the Dorks’ presence is forever felt beneath the waves.

Edit: We recently decided to airdrop $UNIT to all healthy node runners. Read more here: https://x.com/Dork_NFTs/status/1816136047547551868

Edit 2: Node runners will receive $wUNIT (wrapped UNIT… teehee) which will count the same as $UNIT.

You can add wUNIT in Kibisis to see it in your wallet — 49512907

Funding and Rewards

The LP pools will be robustly funded with over 30,000 $VOI from the Dork wallet. Additionally, the largest portion of our funding will be vested over five years and then staked on a node to ensure sustained rewards for the community. We’ve utilized the calculator on voi rewards, and trust us, the numbers are impressive.

Get Your Mainnet Allocation

It’s not too late to secure your mainnet allocation! Chubs are still available on nautilus.sh, and $UNIT can be found on Nomadex. Swap your $VOI for $UNIT on Nomadex today!

Join us as we embark on this exciting journey toward a decentralized future. The new $UNIT token on the Voi Network will be more than just a digital asset; it’s a testament to our commitment to creating an impressive and vast ecosystem for all participants.

Deadline for Participation

The deadline to collect up to 100 $UNIT or $wUNIT as well as up to 10 Chubs is going to be the end of Phase 2 of test net, 16 September. Stay tuned for an exact time. Main net $UNIT drop will not be immediate. It will require careful planning and a robust LP being established.

Stay tuned for more updates and get ready to explore the possibilities!

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