Overview
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OpenWhat is Unibit
UniBit's dual-sided bridge sets a new standard for cross-chain interoperability, offering a comprehensive and user-friendly solution to the complex challenges of token movement.
UniBit prioritizes security with a robust minting and burning process. Upon depositing BRC20 tokens, they are sent to a designated secure address and verified before triggering the equivalent minting of tokens on the EVM chain. Conversely, withdrawals involve burning the corresponding EVM tokens and transferring the equivalent value from a secure cold wallet back to Bitcoin. This secure infrastructure minimizes the risk of hacking and malicious activity, safeguarding user funds throughout the bridge process.
UniBit Protocol's impact extends beyond individual cross-chain transactions, making significant contributions to the overall growth and resilience of the Bitcoin ecosystem. UniBit leverages the unique advantages of both Bitcoin and EVM chains. By bridging ERC20 tokens with BRC20 tokens, UniBit Bridge unlocks synergies between the two ecosystems, fostering growth and collaboration across the blockchain landscape. With UniBit, BRC-20 holder can freely explore the full potential of their digital assets, utilizing them in DeFi protocols, participating in yield farming, and accessing a plethora of innovative applications across the EVM world.
DetailsIDO (Fjord Foundry LBP): Jan 24, 2024 - Jan 27, 2024IDO (ArbiPad Launchpad): Apr 03, 2024 - Apr 04, 2024 IDO (BRCStarter Launchpad): Mar 20, 2024 - Mar 20, 2024 IDO (BullPerks Launchpad): Mar 22, 2024 - Mar 22, 2024 IDO (GameFi Launchpad): Apr 03, 2024 - Apr 04, 2024 Pre-sale token supply: 250,000,000 UBIT Token supply: 1,000,000,000 UBIT Total tokens for sale: 370,000,000 UBIT LegalBlockchain Platform: EthereumRegistration year: 2023 | Token infoTicker: UBITType: Utility-token Token standard: ERC-20 Accepted currencies: ETH Token distribution: 25.00% - Pre-sale 15.00% - Treasury 13.50% - Liquidity 12.00% - Private Sale 10.00% - Team 10.00% - Holdback (CEX LP) 5.00% - Advisors 5.00% - Staking 2.50% - Airdrops 2.00% - Burn |
Unibit Roadmap
- Token Generation Event (TGE): Unibit initiates its native token through a TGE event, offering users opportunities for participation and token acquisition.
- Expected Token Support: Unibit introduces support for a diverse range of BRC20 and ERC20 tokens, broadening its offerings to enable users to bridge and interact with an expanding array of tokens.
- Enhanced User Interface and Experience: Unibit concentrates on enhancing its user interface, aiming for increased intuitiveness and user friendliness to elevate the overall user experience.
- Integrations with Additional Defi protocols: Unibit integrates with additional Defi protocols, empowering users to utilize their bridged tokens for activities like lending borrowing, yield farming and decentralized exchanges
- Partenerships and Collaborations: Unibit establishes partnerships and collaborations with other blockchain projects, exchanges, and Defi platforms to extend its reach, diversity liquidity options and promotes interoperability.
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