Tokenomics

UMI tokenomics prioritizes fair and transparent distribution of coins for their intended use, as well as maintaining demand for the coin at a consistently high level.

A unique feature of UMI Tokenomics is no pre-mining for developers and Airdrop 100% of the issuance into the hands of the community. Details:

• The initial issuance will be around 1,000,000 UMI.

• There will be no initial issue for developers.

• 100% of the initial issue is distributed into the hands of users via Airdrop.

• If less than 1,000,000 coins are distributed during Airdrop - the excess will be burned. Conversely - if many more users fulfill the conditions to receive the Airdrop, the issue can be more than 1,000,000 UMI.

• All coins issued under Airdrop will be credited to staking addresses, from which it is impossible to withdraw all coins at one moment.

• The maximum issuance is unlimited.

Due to the unique distribution of the initial issue through Airdrop, ALL UMI coins are in the hands of the community from the very start.

This ensures the most natural and high-quality development, where no one, including developers, can sell many coins and affect the tokenomics in a negative way. It is simply technically impossible to “dump” a large number of UMI on the market and shake the balance of supply and demand.

The generation of new coins is done ONLY through staking. Each user can transfer coins to a staking address where they will be multiplied. The staking rate is gradually decreasing to maintain the balance and stability of tokenomics.

In addition to rewarding users with staking, UMI coins are also generated on technical addresses:

• UMI's development team fund. Staking generates coins on team addresses and is used to maintain and develop the UMI blockchain, the infrastructure around it, and bonuses for specialists (programmers, designers, copywriters, marketers, and so on).

• To the ecosystem's product developer fund. Coins are used to finance new and existing products of the UMI ecosystem for the purpose of its expansion.

• To the development fund. Coins are used for general development of UMI, including technical development, launch of promotions and active marketing.

To maintain high demand and high value of UMI coins, deterrence and deflation mechanisms are additionally used - restriction on withdrawal of coins from staking and monthly burning on smart contract:

• No more than 1/10th per month of the available balance can be withdrawn from staking addresses.

• All coins on trading addresses (including exchange addresses) that have not been transferred to staking or used in ecosystem products are automatically burned directly into the blockchain every month on the 1st of the month.

As a result, we have created a smart tokenomics that not only preserves and increases the long-term demand for UMI coin, but also increases its value by meeting the demands of an ever-growing community.