The UBET token is the centerpiece of our UBET platform allowing holders to seamlessly interact. UBET token is a full utility token that will have an array of uses such as placing bets, holding the token in your platform wallet to earn interest and receive a discount on the platform fees.
UBET has a total supply of 10,000,000,000 Tokens with various lock-up periods spread over 36 months. As regular buybacks events happen, the supply will continuously decrease as tokens are removed from circulation.
UBET token provides multiple utilities including placing bets, staking, social betting, and discounted platform fees.
UBET regularly performs UBET token buybacks. This removes tokens from circulation, ensuring the token supply is consistently reduced and is deflationary by design.
Earn passive income with our unique staking model. Simply deposit your UBET tokens for a fixed period of time in your UBET platform wallet and earn interest. Staking is one way to put your UBET tokens to work for you.
A percentage of initial supply is allocated to participation reward eco-system to increase the engagement of the protocol.