šŸ’³VUB (Virtual UB)

WHAT IS VUB? (BASIC VERSION)

VUB = VIRTUAL UTOPIA TOKENS (UB/VUB) āž”ļø 1 UB Token is the equivalent value of 1 VUB Token āž”ļø 1 VUB Token is the equivalent value of 1 UB Token āš ļø All VUB Value is supported by actual UB Tokens, all allocations are taken from UB deposited into the system, this supports the following functions within UTOPIA

āš ļø VUB allows all of the below to operate/work without the need to pay ETH gas fees when connecting to play/claim/pay fees + more šŸŸ¢ Trading Fees/Trading Tools šŸŸ¢ Games/P2E šŸŸ¢ Lottery šŸŸ¢ Passive Income (Revenue Share) šŸŸ¢ Staking šŸŸ¢ Rewards/Prizes āš ļø To buy VUB or convert UB to VUB please see How to Buy/Convert āš ļø To convert/cashout VUB to UB please see Withdraw VUB to UB āœ… Ecosystem with functions/products that work instantly at a click of a button and 0$ gas fees* *Please read the Advanced Version/Explanation for more in depth details below, this is a basic summary of what VUB is

WHAT IS VUB? (ADVANCED VERSION)

VUB is a Virtual Currency which allows gasless* transactions to take place at a click of a button. Example 1: 1% Trading Fee on 79 trades totalling $70,000 = $700 (1% of the 10k) to pay in ETH (+ charge for process, in peak market conditions this could easily be an additional $750-$1,000 on top, 79 transactions x $10-25 Gas Fees Each) Total $700 (1% Trading Fee) + $790 (Gas Fees) = $1,490 (Approx. 0.60 ETH) Example 2: 1% Trading Fee on trades totalling $70,000 = $700 to pay in VUB (No worry of high gas fees, regardless of market conditions this will not change and remain $0) āš ļø A note for Example 2, even though you wont be hit with gas charges for paying trading fees vs competitors as shown above in Example 1, this does not exclude the standard gas charges to buy/sell the actual tokens. VUB cannot not be used to cover this process *Trades will still incur blockchain fees which are outside the control of any project owner, in this case UTOPIA, competitor trading tools typically charge ETH direct when making your trades. This system using VUB allows you to pay these without the need for high gas charges, some examples are as follows:

Last updated