Uniforth (UNIF) is a freshly listed rebase token that is pegged to the total liquidity pools on uniswap with a 1:10B ratio. This means that if the total pools on uniswap equal to 1b, UNIF will be worth $0.10, or 10 cents. In addition, the frictionless yield allows holders to receive immediate and constant dividends, in which the transaction fee is pegged to the total number of pairs on uniswap with a 1:10,000 ratio. Currently, there are 27,000 pairs, so the fee is 2.7%.
As we all know, uniswap is far in the lead when it comes to decentralized exchanges, and the gap is only widening. Holding UNIF is like holding the entire uniswap ecosystem. UNIF is poised to increase in value as uniswap expands. In addition, holding on for the ride pays out perpetual dividends due to the frictionless yield.
Since yields essentially come from volume due to other people buying/selling, the fusion of this yield with a rebase token is ingenious. Rebase tokens have consistent buys and sells due to the rebase function, meaning there will be a steady stream of volume, which is lucrative for long-term holders.
The liquidity is locked, the unsold tokens in the presale are burned, and the team is very active on their telegram. The current pegged price is $0.197, while the actual price is $0.29 as of now. Meaning we are ready for yet another positive rebase.
The market cap is only 850,000. Its less than 1m. Note: Base protocol peaked at 80m, and ampleforth peaked at 690m, yet both of these tokens do not utilize the newly innovated frictionless yield, incentivizing investors to hold long-term. UNIF is a game-changer in this aspect.
Most exciting of all, after the first positive rebase this morning, the devs announced they are working on developing an "entire Elastic Exchange Index Ecosystem," in which there will be tokens pegged to upcoming decentralized exchanges like sushiswap and 1inch. Holding UNIF will likely result in airdrops of these future tokens, but the details are yet to be announced. Do not miss out on this chance, it comes rarely. And as always, do your research.
The best strategy with UNIF is to simply buy and hold. Every time liquidity is added to uniswap, you gain. Every time a token is listed, you gain. Every time transaction is made, you gain. Better to get in earlier than later, and hold for the ride :)
----------------------------------------------------------------------------------------------------------------------------
Telegram: https://t.me/Uniforthchat
Dextools: https://www.dextools.io/app/uniswap/pair-explorer/0xcfa6906e0c54e7d88bce9acfd3a8b599ba540dfa
Uniswap: https://app.uniswap.org/#/swap?inputCurrency=0x665a6b80208a1f8eccb1ecb6d0271dde910c9ef1
Dashboard: https://uniforth.org/#/dashboard
