Emission

UTS plays a crucial role in the Unitus ecosystem by rewarding participants who engage in lending and borrowing activities on the platform, as well as those who provide liquidity to UTS paired liquidity pools.

However, it's important to note that there will be distinct rules and eligibility criteria governing participation and rewards to optimize the initial growth and development of Unitus. These rules and criteria have been carefully designed to incentivize actions that align with the project's goals and priorities during its early stages.

The differentiation in rules and eligibility aims to create a balanced and sustainable environment that encourages long-term commitment and meaningful contributions to the Unitus ecosystem.

Supply and Borrow on Unitus

• Eligible Interaction: Users are required to lend (deposit or borrow) assets and provide liquidity (UTS/DF and UTS/USX) to participate in farming.

• Weightings: Users who both supply or borrow assets and provide liquidity in UTS/DF or UTS/USX pairs on designated DEX platforms are eligible for enhanced liquidity mining factors.

• Fee Distribution: to be determined via governance.

• General Rules:

  • Supply or borrowing activities are subject to the distribution rate of each eligible asset.

  • Providing liquidity in UTS/DF or UTS/USX pairs is optional in this stage, but those who choose to provide liquidity may receive higher rewards for their liquidity mining efforts.

• UTS Distribution Calculation:

  • LP assets, which include UTS/DF and UTS/USX, are not locked. Different pairs are assigned different mining weights, which can be configured as follows:

  Items	Name	Value
  UTS/DF	f1	10
  UTS/USX	f2	5
  Weighted Cap	w_CAP	1

The formula for distribution calculation is as follows:

UTS/DF = BLP1 value in $

UTS/USX = BLP2 value in $

weighted_lending = weighted supply OR borrow in $ weighted_BLP = (BLP1 * f1 + BLP2 * f2) if weighted_BLP > w_CAP * weighted_lending weighted_BLP = w_CAP * weighted_lending weighted_total = weighted_lending + weighted_BLP

The distribution of UTS is according to weighted_total

• Snapshot:

  • User snapshots are taken at random intervals throughout the day, with a minimum of 2 snapshots and an interval between 6-18 hours, up to 6 times. The time interval between two snapshots defines the duration of the earlier snapshot's weight.

• Distribution (non-smart-contract-based):

  • Distributions occur weekly. Data is recorded on-chain, and users claim their rewards manually.

  • Users can use the same interface to claim, and each claim includes all earned rewards.

Stage 2 (Coming Soon)

Stage 1 liquidity mining will continue for 1-2 months before transitioning to fully on-chain liquidity mining (without snapshots) and introducing a mandatory LP liquidity threshold.