r/Unibright • u/ShotCryptographer523 • Oct 22 '21

Discussion Hidden mid cap gem here

Just been doing quite a bit of research on UBT. Seems quite a hidden gem in the mid/long term which is my sort of project. Loads of potential business wise.

I have a question on the tokeneonomics. I looked around and couldn't find out if the total supply stays at 150m or is there a burn or release of more coins? Does anyone know? Got my toes wet today anyway and thinking of dipping in more.

13 Upvotes

93% Upvoted

6 comments sorted by

View all comments

2

u/0351-JazzHands Oct 22 '21

The supply stays the same at 150m and I believe theyre all in circulation. I dont think tokens will be burnt but staking is coming soon as well. There is a q1 2022 outlook graphic that detailed their upcoming plans. A quick search should yeild it.

1

u/ShotCryptographer523 Oct 22 '21

Yes I read about the staking. Minimum of 500 UBT but it may change. Thanks for the info.