Token List

The uAD ecosystem consists of multiple tokens, which can be broadly categorized into three separate categories:

Primary Tokens - the main user-facing tokens. 95%+ of the users of the system need to be concerned only with those. They drive the main functionality of the system.

Auxiliary Tokens - more intricate tokens which are used in the core stabilization mechanics of the uAD. Only users who wish to participate in the stabilization of the system are concerned with those.

Technical Tokens - tokens used to represent technical aspects of the system such as voting power. Users need not be concerned with managing those tokens.

Primary

uAD - the main token and the core utility of the system. An algorithmic stable coin pegged to the US Dollar at a ratio of 1:1.

UBQ - the governance token for the uAD system, as well as for other projects developed by the Ubiquity team. Used for voting and revenue share from all connected systems.

uAD Token

UBQ Token

Auxiliary

uDEBT - a non-fungible token obtained by burning uAD when the value of uAD is below 1 USD. Represents a claim to future uAD tokens minted in the future. Has an expiration date.

uCR- a fungible linearly depreciating version of uDEBT.

uBOND - a fungible and non-depreciating version of uDEBT, generally used as a line of credit for contributors.

LP tokens - tokens obtained by providing liquidity to the uAD/3CRV pool

uCR NFT Token

uCR Token

Technical

Voting Power - a token representing votes held by an individual. This token is obtained by staking UBQ token in the governance module for a certain duration.

Bonding Shares - a token that represents a perpetual claim to a percentage of all newly minted uAD after all outstanding uDEBT and uAR are paid off. This token is obtained by staking LP tokens in the bonding contract.