Unicly’s fair launch is on the horizon. This article describes the logistics and sequence of Unicly’s launch. The platform will be released on mainnet on April 7th, 10am ET. Liquidity mining for the UNIC token will start on April 21st.
Background
We recently released a new homepage filled with easter eggs, along with our documentation and litepaper.
If you are unfamiliar with UNIC’s tokenomics, check the brief here.
tl;dr: 90% to the community, 10% to developers. UNIC can be mined forever but mint rate decreases each month and supply will never exceed 1 million UNIC.
Fair Launch: Part 1 — Unicly Protocol Mainnet
On April 7th at 10am ET, we will be launching the Unicly platform and protocol on mainnet. From this point on, anyone will be able to create their own uToken collection on Unicly. At the same time, UnicSwap (our AMM fork of Uniswap) will be ready for uToken creators to provide liquidity, and allow anyone to trade uTokens on the platform. The wait is almost over!
If you want to prepare your NFT collection early, or get some sneak peeks of the platform, do check our docs and tutorials out: https://docs.unic.ly/tutorials/how-to-fractionalize-your-nfts
Launch Partners / Whitelisting
On day 1, I (0xLeia) will start with 1 token in order to vote in the first set of whitelisted pools. I have to do this so that there is an initial list of pools that can mint new UNIC, and therefore the community can take the reins immediately with their tokens (check Governance).
We believe that it will be best to have the community help choose which collections will become Whitelisted Launch Partners. Between April 7th and April 19th, the community will be able to interact, discuss, and choose which uTokens collections are the most “unique” out of the ones that are created. The quality of the collection, amount of liquidity, and engagements by the community (on social media) will be taken into account for the whitelisting. Only uTokens that have been created on-chain through the Unicly protocol will be considered. The quicker you set up your uToken collection, the more time the community gets to look at it and support it!
Fair Launch: Part 2 — UNIC Token + Liquidity Mining
On April 19th, the Launch Partners will be finalized, which will add them to the genesis whitelisted pools on Unicly. Liquidity mining will start on April 21st at a specific, pre-determined (and public) block height, to be announced closer to April 21st.
From this point onwards, anyone will be able to provide liquidity for whitelisted pools and liquidity mine the UNIC token through the UnicFarm. This guide will walk you through how.
Final Words
Several amazing NFT projects, collectors, and artists have already expressed interest in becoming launch partners, and we’re excited to see their uToken collections soon! Shoutout to Sebastien (Sandbox), Dan (Aavegotchi), Yat (Animoca), Terra Virtua, Michael (Star Atlas), Doki Doki, Waifu, Alex, Coco, Chris, and many more for publicly expressing your interests.
We are very excited to launch Unicly with such a supportive and fun community. Everyone’s participation and feedback has been amazing, and we are so close to the point where the community will be able to own it and run it together. Let’s go!
