Cryptocurrency trading platform Unibot team made a new announcement today regarding the UNISOL token to be issued based on Solana.
At this point, Unibot, which initially came out as part of the Ethereum (ETH) ecosystem, announced that it has now adopted the Solana ecosystem and will launch a new token, UNISOL.
The new token, UNISOL, is designed to generate revenue in SOL, Solana's native currency, the team said.
This new token announcement was met with skepticism by investors and caused volatility in UNIBOT's price.
However, the developers assured in their statement that UNISOL can increase the value of UNIBOT.
The team also announced that UNIBOT holders will receive 80% of the UNISOL supply as an airdrop.
This move will allow UNIBOT holders to benefit from the 50% distribution of revenue generated by Unibot on Solana and earn additional earnings through the UNISOL airdrop.
UNIBOT, which experienced an increase of nearly 50% after the announcement, continues to be traded at $ 57 with an increase of approximately 20% at the time of writing.
//ANNOUNCEMENT
We'd like to clear the confusion around the path forward.
The revenue sharing for protocol revenue generated by @UnibotOnSolana is split 50/50 between two pools, described as follows.
Pool #1: simply being a holder of $UNIBOT on Ethereum, no strings attached.… pic.twitter.com/vqEVVhG1FI— Unibot (@TeamUnibot) January 28, 2024
*This is not investment advice.
