Universe Infinity redefines the economic model of mining on the contract chain
Universe Infinity is a virtual new world platform for the establishment of a “meta universe” blockchain game industry. A new economic system for value exchange between the virtual world of encrypted assets and the real world. “Meta Universe” is based on a virtual game world parallel to the real world. “Universe Infinity” adopts the economic model design of the contract block after constructing the initial prototype, which is completely distributed through the automatic execution of the smart contract on the Heco chain, and the user operation is extremely simple , You only need to transfer the designated Powt (computing power warrant) to the designated contract address, and the user does not need to operate the whole hash power mining process. The weekly smart contract will calculate the mining income and return it to the user’s wallet address. Uvif relies on the smart contract to have Features such as automation, decentralization, immutability, and enforceability.
Uvif uses a decline mechanism to issue mining coins, and also introduces Defi empowerment to provide users with longer-term stable income capture opportunities. Through on-chain mining + Defi + NFT, a complete meta-universe world is constructed.
The total amount of Uvif (Bean) is 2,100,000,000, which is reduced to 100,000,000 Uvif, which means that the value of Uvif will gradually manifest over time. Uvif becomes very scarce, and users who hold Uvif for a long time will naturally get very High and ultra-high returns, and Uvif has also changed.
The total number of Uvif tokens is 100 million, 85% are used for liquidity mining, 5% are used for feedback airdrops, 5% are used for community governance and maintenance, and 5% are used for community voting development.
Uvif adopts a new set of diminishing incentive model. The user’s computing power can be opened for 1000 days. The Uvif diminishing incentive model uses 100 days as a production reduction cycle. The initial daily mining volume of the entire network is 150,000 Uvif. After every 100-day cycle, the output of 30,000 coins will decrease, which means that the daily output of coins in the next cycle will be 120,000 Uvif. Each cycle of production reduction and so on, after that, the daily production of coins will remain at 30,000 Uvif until the total amount of Uvif is mined. As the number of market users continues to increase, Uvif is fully market-oriented, and its economic value also increases cyclically.
Uvif redefines a contract computing power mining method. The distribution of coins produced by the entire network also depends on the increase of the network’s computing power and the adjustment of the difficulty of the computing power. The amount of coins acquired by users is also different, and it will also be equipped with Ouvif. Option tokens are allocated entirely through smart contracts to avoid centralized control of computing power. Uvif output (brief description: personal income = personal computing power ÷ network computing power x output of the entire network. For example: user A produces 10 Uvif every day, and there will be 25 Ouvif option coins at the same time. The ratio is 1:2.5) Ouvif option currency will be automatically converted into Uvif after 180 days of contract expiry.
Uvif uses smart contracts to deploy various management rules and incentive models on the chain in the form of procedural code. Any organization or individual who conducts transactions in its ecological model will gain tremendous benefits from decentralized infrastructure and ecological development. dividend. Users can also put the dug out Uvif synthetic assets into the liquidity pool, giving investors the freedom to fully combine assets. With the increase of Uvif liquidity pool assets, especially the development of Uvif ecology, it can provide trading services for more assets, thereby expanding Its transaction scale and more financial derivatives.
