Unilayer Staking Platform Dev Update

The staking platform is almost here! we have made great progress in regards of development for the staking platform. We have launched the staking platform front-end and have been testing it on our end without any issue, the smart contracts will go in for a security audit and we should have an update for you guys in a few days about the results, once we have the greenlight from Hacken we will go ahead and launch the staking platform live to the public, we will keep you updated once we have a final date for the launch.

Staking platform LAYER stakers benefits are the following:

There will be no minimum amount of LAYER you can stake in the platform

92% of all the ETH collected in the Unilayer trading platform from the 0.2% fee we charge per trade will go to a pool and it will be shared daily in ETH with all the LAYER stakers

The ETH will be calculated depending on your stake weight, for example if you have 5% of LAYER tokens weight in the pool your will then receive 5% of the ETH in the pool daily.

1% of all the ETH collected per successful launchpad project that launches with Unilayer will go also to a pool that will get distributed to all LAYER stakers depending on your stake weight.

Frontend of the staking platform is finished, we are just tweaking some small things. Staking smart contracts are also done and getting audited

Transfer option within the staking platform

Referral program coming later this year, you will be able to refer people to the staking platform and earn a % of their stake additionally you will also earn % extra on the LAYERx token that is coming out later this year, more details to follow

Additionally we will be releasing a new and updated Roadmap for the remainder of 2020 and the next half of 2021 in the coming days, thank you all for your support, we look forward to keep innovating in the DeFi space.

LAYERx Governance Token (Coming later this year)

LAYERx wtf is that you might ask? well in simple terms we adding a new token that will have 0 premine, governance features integrated in the Unilayer platform, and can only be minted while staking LAYER in the staking platform or by Providing liquidity on Uniswap.

LAYERx Tokenomics

Total Supply 40,000
Inflation rate 10,000 year for a period of 4 years
Can be minted while staking LAYER in the staking platform
Can be minted while providing Liquidity to both LAYER/USDT & LAYER/ETH LPs in Uniswap

Thank you for being part of our amazing community, we can’t wait until the full Unilayer platform launch :)