ALL FREE UNITED TOKENS ARE NOW LOCKED
All The United tokens (UTED) what are were held by United technologies or bought back from the market are locked into public contract with the Time Lock.
As merging the TRC20 chain and BEP20 Chain should have have happened already in EliteX exchange on 2022 and EliteX platform Did not get ready, then We Locked all the Treasury into Smart contracts.
The Reason of locking the tokens is mainly security and transparency.
When Tokens are locked with Time lock, it cannot be unlocked prematurely, which means that there are no possible way for a rug-pull or for hackers to steal the tokens.
As we expect to get EliteX running in next few months and we want our users to have easy way to change between TRC20 and ERC20 chains. Meanwhile all treasury is shared into different contracts.
Every contract has different Vesting periods in order to make it possible for Exchanging the user tokens from one chain to another.
200 000 000 UTED BSC are locked in the contract 0xe1f27891AA5226ea936536A38511590C9208246b
The Contract will open 1 May 2023.
280 000 000 UTED BSC Is locked in contract- 0x95B6657e3225e1de073D2A9a77bEAd14Eeb75acD
Vesting will release all the tokens in 52 weeks, each week 280 000 000/52
210 000 000 UTED BSC are locked in the contract
Vesting will release all the tokens in 6 months, Each month 210 000 000/6
All Tokens in all chains, what will not be used for changing from one chain to another for current users or for in marketing activities will be locked into smart contract again, to keep system safe and transparent.
This is update from 1 Dec 2022. New Data is also shared with Coinmarketcap and Coingecko. The Supply figures will be updated on those platforms on upcoming weeks.
TOTAL SUPPLY CREATED (BSC and TRC20)
1 000 000 000 UTED
TOTAL SUPPLY BURNED (sept 2021)
450 000 000 UTED
TOTAL CIRCULATING SUPPLY (Dec 2022)
272 000 000 UTED
LOCKED IN TREASURY
278 000 000
218 000 000 will be shared together with card program and expanding into new regions together via Vesting and reward plan over the next 20 month period.
5% of total UTED will shared as a reward with Team on 2024.
Team tokens will be locked into public contract after merging the chains on first part of 2023.
Every contract address is public and can be followed by anyone.
Stellar Locking will be announced in next 8 weeks, as soon and also locked into contract. This will be announced also publicly as soon as it is done.