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UFG

Rang #2242
United Founders Group logo

United Founders Group

0.00278918084
+0.00031706741
+12.83%
25 sept., 16:10 UTC

About

$UFG is a fixed-supply ERC-20 on Robinhood Chain backed by an immutable ETH treasury. $UFG is the first treasury in a broader onchain treasury platform. It begins with a deliberately simple model: creator fees flow into a transparent ETH treasury that $UFG holders can redeem against. When users redeem, they redeem for their pro-rata share of the ETH treasury and are charged an exit fee of 2%. This exit fee makes it so the amount of ETH backing the remaining tokens never declines. The platform is intended to expand with additional experiments using innovative, clearly disclosed strategies, while $UFG itself acts as the platform treasury for holders and early adopters, being governed by the fixed rules of its contract.

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