

@cladzsol @jakeyPRMR Because the world is denominated in USD and not in Solana and if we want this product to be globally used we need to appeal to as many users as possible! Which also means more people will buy your coins!
Universal Basic Income
33 posts

@ubisolPF
Receive universal basic income every 5 minutes just by holding $UBI. CA: EocT8aPVWRgReBBvN4DzdE1HWZEejA7HR3eesuJrpump


@cladzsol @jakeyPRMR Because the world is denominated in USD and not in Solana and if we want this product to be globally used we need to appeal to as many users as possible! Which also means more people will buy your coins!










$UBI is becoming fully immutable. Here is exactly how it works. Every trade on $UBI generates creator fees. Those fees no longer go to the dev wallet. We handed the fee authority to an on chain program, and that authority is already revoked, so the routing can never be changed by anyone, including us. 100% of the fees land in a vault that the program controls: Vault: EEktrgCNSnAGNSaefMBj4q5RPri3Rfw8Gr1hCJdxYThj Contract: ACUsjSJLrEutrEXieQ3d1ks1RGb3nwJEhNLhWFUpmzW9 The contract has no withdraw function. The only thing that can ever happen to those fees is that they get paid out to holders, split by how much each person holds. And because it is open source and lives on Solana, anyone can call the distribute function to pay holders, not just us. Right now we are finishing the audit. Once it passes we burn the program upgrade key. After that no one can change the code, stop it, or touch the fees. Ever. That makes the whole reward system fully trustless and immutable. Even if the dev disappeared, $UBI keeps running and keeps paying holders their Universal Basic Income. Already live on mainnet and already paying holders every few minutes. Audit then burn is the last step.

@ubisolPF U said in an hour after your first post. Been way longer now is soon?




JUST IN: Some New Yorkers are getting $12,000 in crypto for a Universal Basic Income experiment, sponsored by Coinbase.