Updates, stories, and announcements from the UNCX Network team.

The Most Trusted Locks In The Industry.

UNCX Network is the industry standard for liquidity lockers, token vesting and presale launchpads. With us, investors and project creators enjoy peace of mind from knowing that they’re operating on an established platform.

UNCX = Trust. Here’s an overview why:

➡️ We Are The Biggest Lockers on ETH.

UNCX was created with a single goal — help investors reduce the risk in their investments by providing clear transparency in informatics, stats, and our code. We are the most audited liquidity locker on the market with years of vulnerability free operation. At market peak, we were securing over 1bil usd of liquidity in our smart contracts.

➡️ Not A Single Vulnerability.

Safety is our #1 priority. This ethos seems to have been lost in the industry over time due to competitors’ lock contracts not working as expected, abandonment from their protocols, hacks, or worse; funds stolen due to premeditated backdoors into their contracts.

➡️ We’re Innovative.

Our products and tech are superior because we conceptualize and build them ourselves. We don’t pick quick solutions, everything is built with decades of use in mind. Linear unlock schedules, rebasing support, built-in migration, and custom unlock conditions for token vesting are all items you’ve seen first on UNCX.

➡️ Significant Partnerships.

We have memberships with reputable companies and partnerships with industry leaders such as Hacken, Dextools, Bogged Finance, and Coinstats. We have a solid reputation amongst our peers for doing things ethically and effectively.

➡️ Security Flags.

All project team members are encouraged to undergo a KYC and auditing process and results are displayed publicly. We clearly indicate important security flags and tokenomics details ro help protect investors. Some notable auditor partnerships include SolidProof.io, Chainsulting, Hacken, Cyberscope, Coinsult, ShellBoxes, QuillAudits, CTD Sec, Solidity Finance, and RD Auditors and our KYC partners are Solidproof and Cyberscope.

➡️ Years of Experience.

From launching massive projects such as Vemp, Cult, Revolt, & BabyDoge to securing liquidity for the likes of Blank, Floki & SafeMoon — We leverage years of experience building cutting edge products in the DeFi space and we’ve gathered a strong community and a robust network of partners.

UNCX Network is a project run by devs that are ethical, professional, and who care. We’re the most trusted large liquidity locking service provider and our tech is renowned. When locking, launching, or investing, remember:

UNCX = Trust.


Liquidity Locking Explained.

How do you maximize the attractiveness of your project and ensure investor trust? Liquidity locking plays a huge component here and is one of the most distinguishable signallers of project trustworthiness. Every project, especially presales, should be locking some of their liquidity.

What is Liquidity Locking?

Liquidity locking involves storing liquidity provider (LP) tokens in smart contracts for a pre-determined amount of time (locking/unlocking date). These smart contracts are called liquidity lockers. When developers add tokens to liquidity pools, they receive LP tokens representing the liquidity provided in the form of new tokens. Developers can at any time use the LP tokens to withdraw liquidity.

Liquidity lockers allow developers to preemptively lock away a set % of liquidity upon token launch for a specific period of time of their choosing. This prevents instant rugging upon launch (prevents them from being able to withdraw all project liquidity and disappear with it). It’s an approach that ensures developers don’t have control of users’ funds.

The point is simple — When an investor sees that a majority of the project’s liquidity is locked (whether presale stage or afterwards), they feel safer purchasing the token. This also encourages investors to purchase larger shares of the projects’ tokens.

Can I Create My Own Locks?

Some developers may lock tokens in their own self-created time-lock smart contracts. However, creating your own personal liquidity locker contract is not widely accepted because these cannot be trusted. If you are the owner of the locker holding your project’s token, you can easily manipulate the contract and withdraw the funds. Therefore, it’s much more credible to involve 3rd party platforms like the most trusted lockers in the industry; UNCX’s.

The whole idea of liquidity locking was conceptualized by UniCrypt and actualized in June 2020. More on why our locking tech is the industry standard and known as the most trustworthy here (insert prev medium article link).

UNCX Locker Features:

Lock Splitting: Split your lock and create multiple sub-locks — For example, 100% of liquidity can be locked however if say 10% needs to be withdrawn at any given date, the lock can be split into two, where 90% remains locked owing to the lock-splitting support.

Relock Feature: Relock your tokens. It is not needed to perform a withdrawal to relock your LP tokens for a longer time. You can act upon the lock directly from the user interface. Very convenient for developers and token investors.

Incremental Locks: Our lockers allow developers who have already locked their tokens to add more tokens in the same lock. If, for instance, developers locked 80% but feel like they should increase that amount to 100%, the developers are at liberty to do so at their own convenience.

Transfer of Ownership: This feature is very important. It allows a lock owner (the wallet where the LP tokens are locked from) to change the lock ownership in order to give it to another wallet. Some use cases : company wallet migrations (e.g. mutisig wallets), outsourced development teams…

Vesting Solutions: When a developer locks portions of his total token supply to release them gradually over a period of time, the process is referred to as token vesting, and the time span in which the release takes place is known as the vesting period. Developers may use vesting services in multiple scenarios : Vesting early investors (companies or retail), airdropping users over time, reinforcing trust and credibility by locking their token reserves. On top of that, vesting contracts are fully decentralized and leveraging smart contract only… which means the vesting parameters are immutable.

How To Lock Liquidity on UNCX Network

First, navigate to UniCrypt’s main page and choose the AMM; in this case, we chose UniSwap V2. Afterward, select the lock liquidity section > click connect wallet then > new lock.

Step 1: Enter Your Pair Address

Before adding the pair address, you must ensure the DEX pair is ready. Moreover, you must ensure that the LP tokens are in the wallet connected to the decentralized app. The token contract address is then pasted in the “Pair name or address…” field. At this point, you can find the token pair on the app.

Step 2: Configure the Liquidity Lock

Secondly, you need to consider setting the parameters of the liquidity lock while adhering to UniCrypt’s guidelines. Here are the steps to configure the liquidity lock;

  • Please select the number of tokens, keeping in mind that you cannot withdraw them once you lock them.
  • Set the unlock date. Remember, liquidity locks are time lock smart contracts storing LP tokens. As such, you must set a fixed duration in which you are planning to withdraw the tokens. Using UniCrypt, you need to set the withdrawal date.

Since locking liquidity is about a guarantee and about perception, when thinking of how long and how much % to lock — be logical as to what you believe will foster investor confidence. Locking 80% for 1 year is a good start, but lock a combination that makes sense for the dev team and project roadmap.

  • Lock ownership unique tokens. In this section, the token developer is allowed to lock tokens and declare a different owner. For instance, a developer locks LP tokens and says that once unlocked, a particular address holder will withdraw.
  • Get a 10% discount on fees. If a developer is locking liquidity with a referrer’s address, they can receive a discount. However, the token locker must have 3UNCX tokens. The fee on regular locks is calculated as a Flat fee (ETH,xDai, BNB) + 1% of LP tokens Locked.

Step 3: Confirm Your Lock

Confirm the set up by clicking Approve and Lock.

Withdrawing LP Tokens

After the lapse of the lock duration, you will now need to unlock and withdraw your tokens. You will choose the AMM where you locked the liquidity. Click lock liquidity > connect wallet > Edit/withdraw.

A new page opens with a field where you will fill in the token pair address. That opens a page where you can view the locked LP tokens. At this point, you can choose to withdraw or relock.

Final Word

There’s no denying that we’re currently in a bear market and we’ve been pondering on how to help shorten this cycle. We could say that if DeFi networks as a whole were to earn back general investor trust after the several breaches and scandals we have seen this year, jointly employing liquidity locking mechanisms would be an excellent place to start.

As the most established liquidity lockers in the industry with a solid presence in the space, we are going to be encouraging projects of all sizes and calibers to lock some of their liquidity. This is to set an example for the industry, and to help signal to cold investors that investing in crypto tokens can still be done with some peace of mind.


Token Vesting Best Practices

Token vesting refers to the process by which tokens are gradually released over time, rather than being made immediately available after a token unlock or launch. Token vesting is also used in token allocation cases where projects wish to pay out tokens to employees, stakeholders, and the like, over time in a trustless manner. Tokens are typically held in a smart contract that specifies the terms of the vesting agreement. The vesting schedule determines when and how many tokens will be claimable by the stakeholder.

There are two schedule formats:

  1. Linear, also known as Time-Based — such as releasing a certain percentage of tokens each month, week, or even block.
  2. Milestone-based — tokens are released only after certain conditions have been met, such as the completion of a project or the achievement of a specific goal.

Token Vesting Helps Build Community Trust

Vesting contracts are often used in ILOs or other fundraising events (not limited to the blockchain industry) to help prevent early investors or team members from selling all of their allocations immediately after a project launches or unlocks. By gradually releasing tokens over time, token vesting helps promote stability in the ecosystem by protecting investors from potentially damaging volatility.

It additionally helps ensure smooth relations between projects and employees or VCs (Venture Capitalists). Projects may encounter extr eme sell pressure after launch from the part of VCs or employees. Vesting schedules mitigate & reduce conflicts of interest. Whether tokens are initially locked up for a period or not, token vesting ensures the same level of security of a lock as funds are kept in a smart contract with immutable settings. Storing funds this manner with a reputable service provider like UNCX Network is the most secure way to ensure they aren’t hacked, stolen by malicious third parties (outsourced teams included).

More information on why UNCX Network’s locker’s are the most reputable in the industry can be found here: ➡️ Link

“Why can’t I just vest tokens manually?”

Project owners might think about doing everything in-house. It would likely imply additional resources such as time and development costs. Also, by opting for the custom solution, it is likely the data related to vesting will be harder to be integrated by third parties such as data aggregators. Leveraging a reputable decentralized vesting service is ideal for the following reasons:

  • Save on transaction fees by performing bulk locks (also known as locking ‘en masse’).
  • Save on time, by automatically vesting tokens to thousands of people.
  • Mitigate the risk of human made transactional errors.
  • Build community trust by making schedule information transparent and accessible. Token vesting also comes with the guarantee of tokens being locked in an immutable contract until they have been claimed by users once they become withdrawable.
  • Security -> Protection from internal (e.g. a team member) or external malicious actors

Token Vesting Best Practices

  • Define a clear vesting schedule: This should outline when and how many tokens will be released.
  • Leverage smart contracts: providers like UNCX Network provide smart contracts for token vesting. These contracts guarantee transparency and adherence to the vesting schedule.
  • Communicate your plan: Inform your stakeholders about the vesting schedule and conditions.
  • Ensure legal compliance: Get legal advice to ensure your token vesting process complies with relevant regulations.
  • Allocate tokens appropriately: Distribute tokens among team members, advisors, investors, and users in a way that aligns with your project’s goals (ideally, long-term).
  • Implement an initial lock-up period: This can prevent early token sales that might create unnecessary volatility on the market.
  • Plan for unforeseen situations: Your vesting plan, even if immutable once in place, should include provisions for potential unexpected situations.

(For Investors) Metrics & Supply Allocation

Savvy investors analyzing whether a project is trustworthy or not look for various criterias in a project’s vesting schedule post launch/unlock date. Below, we are showing an example/range of supply allocation plan based on what we could observe on the market.

Please note that these are approximate ranges and the actual percentages can vary greatly based on the specifics of the project and its goals.

Again, keep in mind that this is about token allocation, vesting will typically happen over years.

Founders and Team: 15–20%. This allocation acts as an incentive for the team to work towards the success of the project. The vesting period should typically extend over a few years with a “cliff” (a period before any tokens vest), to ensure commitment.

Advisors: 5–10%. These are for individuals or groups that guide the project strategically and technically. Their tokens often have a shorter vesting period.

Investors: 10–20%. These tokens are usually allocated through private sales, pre-sales, and public sales (ICOs/IEOs/IDOs). They may have a lock-up period to prevent immediate selling.

Community Rewards: 10–20%. This is used to incentivize and reward the user base, including airdrops, staking rewards, liquidity provision rewards, and other forms of user engagement.

Reserve: 10–20%. This is a contingency fund to support future project needs, unforeseen costs, or strategic initiatives.

Partnerships and Integrations: 5–10%. Tokens set aside for building partnerships, collaborations, and integrations that can enhance the value and ecosystem of the project.

Ecosystem Development and Marketing: 15–25%. Tokens are used to fund marketing, business development, and ongoing product development, ensuring the project continues to evolve and attract new users.

If you also wish to learn more about LP locking, we recommend reading this article on the matter: ➡️ link


The UNCX Farming & Staking Service is Mighty.

That’s right. We’ve got a fully modular farming & staking solution for you to reward your community with. Lots of flexibility and features that are not offered by alternative farming/staking solutions.

With other farms or staking platforms providers, users simply stake a token and receive a reward token. With the UNCX farms, farm creators are primarily setting up staking pools. This step allows them to set multiple parameters such as:

➡️ Minimum/maximum amount of tokens needed to enter a pool ➡️ Custom staking periods with relative bonus rewards allocation ➡️ Possibility to set up different staking tiers with custom rewards.

Once the above is setup, farm creators can setup single or multiple reward pools, from which the tokens will be allocated to community stakers & farmers.

Rewards contained in each pool can be farmed in as many different tokens needed.

Communities can be enticed by allowing them to farm the token of your choice alongside usdc, wbnb, weth… or actually any ERC20. The way the reward emission works is the block reward is shared among all farmers & stakers relative to their staking weight. Stake more tokens or burn our UNCL utility token to increase your staking weight relatively to other participants.

Our users can create either:

  • A staking pool, with a single-sided token to be staked. (e.g. UNCX, DEXT, TOKENXYZ, etc.)
  • A farming pool, with a liquidity provider (LP) token, to be staked. (e.g. BNB/TOKEN XYZ)

Admin functions allow farm creators to top up rewards when they are nearly deplete, in order to extend the rewarding periods. It is also possible to customize your farm with your own brand assets. Increasing rewards from an existing reward pool without requiring any interaction from the stakers is supported as a feature.

Refer to our docs https://docs.uncx.network/guides/for-developers/staking-as-a-service for a tutorial on how to create your own staking or farming rewards program!


Burning vs. Locking — What Should You Do With Your Liquidity?

Let’s go straight to the point — both practices are meant to help build community trust, however, can investors really trust tokenized projects that believe it is a good idea to burn their liquidity (LP) tokens?

Hint: it is not a good idea to burn your LP tokens.

Token burning is a process where liquidity provider tokens or regular tokens are either sent to a burn address, or burnt using a dedicated function, natively available for some token smart contracts (not applicable to LP tokens). Once a token is burned it is forever inaccessible.

Token burning reduces circulating supplies, which is intended to reduce price volatility. It can also be seen as a short term thinking strategy. Burning tokens does not guarantee an increase in the token’s value. When done incorrectly, it often winds up negatively affecting projects and their ecosystem of stakeholders.

1% of a any total supply, for example, could be worth a substantial sum of money (USD equivalent value) in the future. Burning it indirectly implies that the project team does not believe they will get there anymore. Now this is when token burning is done “correctly”.

Countless projects do not burn their tokens properly and investors should beware. Some decide to send their tokens to Vitalik’s address, thinking that this is a sure way to burn them. VB does not approve the practice, and in turn has sometimes sold some of these tokens in order to warn project owners not to do this.

Another more reckless practice is the method of sending liquidity provider tokens to burn addresses. Doing so results in project owners’ longer term inability to remove liquidity from the pool and a loss of control of their supply. This also makes it impossible to migrate liquidity to new exchange protocols (Uniswap V3, V4, or other chain liquidity spreads to further expand their ecosystem token utility).

For investors reading this, beware — sometimes malicious actors may also announce they are ‘burning tokens’, but in fact are sending them to a wallet they can access. It is important to verify yourselves on the chain explorers (Etherscan, and alike).

➡️ Projects who want to effectively build trust with their communities lock their liquidity.

Liquidity locking allows project owners to maintain some control over their token’s liquidity and puts them in a better position for long term growth. Liquidity locking also signals to investors that the project is taking security very seriously while complying with decentralized high standards (prevents the LP tokens from being moved unexpectedly, for instance). Acting as such induces more confidence & trust from investors and ecosystem participants.

Lockers also help increase a project’s exposure (while burning does not). When a project’s liquidity is locked, it displays on charting platforms thanks to our API collaborations, and overall boosts tokens’ security score. Token locks information remains also available and displayed on our own website/app.

For more information about liquidity locking and token vesting, we recomend to check out our LP Locker Overview article or head to our website and to learn more about the industry’s most reputable liquidity lockers — made with love by UNCX Network.


Liquidity Locking is a Part of Proof of Reserves, Here’s Why.

Proof of reserves help ensure that exchanges and other custodial services actually hold the assets they claim to have in their possession.

This concept is going to be growing in importance in the coming months & years as industry participants recover from the loss of confidence, resulting from recent hacks and discoveries of fraudulent behaving companies. Our opinion is that the industry as a whole will begin to demand more transparency and accountability from projects. The demand for tools aiding with Proof of Reserves is growing.

Proof of reserves refers to the process by which an exchange or other custodial service can prove that it holds the assets it claims to have in its possession. This can be done through a variety of methods, such as publishing a public audit of their holdings or allowing customers to verify their holdings on the blockchain.

By implementing proof of reserves, exchanges and other custodial services (also known as VASP, standing for Virtual Assets Services Providers) demonstrate to their customers that they are trustworthy, reliable and to some extent transparent with their user base. We would like to take things a step further and challenge these projects to truly put their money where their mouth is. As of now, Proof of Reserves is done by providing cryptographic proofs of holdings (signed messages from cold wallets, merkle tree of account balances, among other practices).

This is a great starting point.. but it still leaves room for human interference and subterfuge. There is no guarantee that the funds will stay there, there is no protection from hacks and against ourselves… humans. A project’s Proof of Reserves is not complete unless there is a decentralized mechanism ensuring the funds remain. Proof of Reserves is not complete… without Liquidity Locking. This is why, in our upcoming imminent release of Lockers V3, locking smart-contracts will be rebranded to Proof of Reserves as we see this concept a key extension of the latter.

Users are not only going to want a single dated proof of reserves, they are going to want continued access to what is backing a token or project. A vesting schedule coupled with a lock gives investors information as to when funds are to be released and allows for this information to be shown on DeFi tracking platforms (DEXTools, GeckoTerminal and alike) at all times.

We know that exchanges and protocols are not too excited about having to show Proof of Reserves, but this is a necessary step towards truly increasing the confidence in the ecosystem as a whole and towards promoting greater adoption. We invite the community to start requesting that Proof of Reserves become synonymous with the guarantee of a lock and vesting schedule as well.

Have thoughts on this matter? We invite you to join the discussion in one of our social channels below!


$UNCX Staking Updates | April 2023

Dear UNCX Network community,

We hope you are doing well!

This short medium post relates a small update for our $UNCX Stakers (of all tiers). You can find the link to our staking portal here.

By March 31st, $UNCX reward pools for April were filled as usual, but there was a human error made on the top-up. Instead of using the ‘Increase Reward’ method (which is the standard procedure), our team used another method, called ‘Top-up’.

The ‘Top-up’ method extends the rewarding period duration (understand start/end date) while keeping the reward emission the same, whereas the ‘Increase Reward’ method does not impact the dates but the ratio of rewards emission instead.

The above explains why our ecosystem of stakers woke up in early April with ‘no-yield’ farms lasting up to 260 years. Sadly, we have not found the elixir of youth over the last couple of days, as some were wondering in our community channels.


Today (April 3rd), our team is taking action and will apply the following steps:

  1. Draining $UNCX rewards from the April pools, which currently last for decades (not intended, as stated above)
  2. Use these $UNCX tokens (and some bonus tokens to be rewarded for the gas compensation) to re-fill and top-up the $UNCX pool that was used for March 2023.

Therefore, stakers that were already subscribed to the March reward pools do not have to take any action and will see their yield retroactively allocated.

In other words, no action is required from our stakers, UNLESS you already unsubscribed from the March reward pools. In such a case, a re-subscribe to the March $UNCX reward pool will be necessary at your earliest convenience. Related to $UNCL rewards, business as usual (pools have been filled with success today).

Final Thoughts

We would like to kindly thank our community members for their understanding after reading these lines.

Our team remains working around the clock to deliver our next batch of features & services. Without going into the details (this will happen in a dedicated article), our community can expect several deliveries for Q2 and Q3 of this year.


Building Investor Trust? Using Multisig Wallets Won’t Cut It.

Many project owners rely on multi-signature (commonly known as ‘multi-sig’) wallets for LP (liquidity provider) token storage. Vitalik promotes them on a regular basis too! But this is not the most secure option for liquidity provider tokens and investors are catching on.

One could even argue that even VB could be wrong when it comes to promoting multi-sig wallets for LP token storage.

The challenge with relying solely on storing them in a multi-sig is that it does not solve the problem of project owners owning all their project’s LP tokens. Multisig wallets are not necessarily a decentralized form of storage. Someone (or several individuals, depending on the setup) still has access to the key of the lock. Multisig wallets can be abused if not used ethically, and investors are catching onto this.

We are not here to tell you to abandon multi-sig wallets altogether though. Vitalik, obviously, is not wrong either. In fact, these wallets can be very helpful and used in conjunction with our in-house decentralized liquidity lockers and token vesting products.

➡️ By transferring funds to a multi-sig wallet and then locking them directly from the multi-sig using a reputable locker service such as UNCX, investors can create two layers of security that ensure critical funds are stored for a pre-determined period of time, in a decentralized way.

Combining multi-sig wallets with liquidity lockers not only provides an additional layer of security but also makes your project potentially shinier to investors and utility token users.

When investors see that LP tokens (or any token) are vested or locked using a reputable non-custodial locker service, it signals projects are taking security seriously, and can therefore not really be interpreted in a negative way. In fact, token team members & communities appreciate security measures with enthusiasm according to our experience and received feedback.

Additional Benefits

Locking LP tokens in a reputable locker service has a positive impact on a project’s visibility. Charting websites, such as DEXTools, display the percentage of liquidity locked in a project, making it easier for their users to assess how much of a given liquidity pool share is locked over time.

When LP tokens are ‘simply stored’ in a multi-sig wallet, this information is not visible to charting and analytics websites, and users may be questioning themselves further in regard to the reliability of the liquidity pools/depth.

However, by using a reputable liquidity locker service, the percentage of locked liquidity is clearly displayed, providing users with some additional level of confidence, according to their expectations.

Digital asset security can never be ‘overkill’

We hope you appreciated the above-shared thoughts. As a B2B decentralized services provider currently serving tens of thousands of customers across 6 different chains, we felt like sharing our take related to the usage of multi-signature wallets would benefit both end users and token owners.

Let’s conclude with the best practice we would recommend below!

➡️🔒 Lock with the most reputable & leading lockers in the space 👉 UNCX Network, and use multi-sig wallets to own these locks on top.


UNCX Network Integrates With GeckoTerminal.

Dear UNCX ecosystem partners and customers,While the current global banking system narrative is riddled with uncertainty. our team and objectives remain the same. In fact, transparency is becoming more important by the day.

🆕 Today, we are serving you a nice update relating to our liquidity lockers’ data accessibility. As the title of the article suggests, time to discuss our GeckoTerminal integration!

What is GeckoTerminal?

GeckoTerminal is primarily a charting tool that provides real-time statistics and price analysis across multiple blockchains and decentralized exchanges.

Users can learn about trends and gain up-to-date token/pool statistics in the market. It is also worth noting that ‘Proof of Reserves’ can also be found on GeckoTerminal to track the centralized exchange’s holdings on-chain.

GeckoTerminal has been brought to the market by CoinGecko. Currently, their suite of tools is being used by over 5 million users on a monthly basis.

Why are we teaming up with GeckoTerminal?

As you already know, partnerships can mean everything and nothing in the blockchain/cryptocurrency space. In our case, we do believe in technical collaborations, and concrete mutual added value.

GeckoTerminal and UNCX Network will mutually help each other’s user bases by offering additional reliable data on our respective platforms. Therefore, we sat down and started to work on our first implementations:

  • Offering UNCX Network users direct access to GeckoTerminal from our suite of tools.
  • Offering GeckoTerminal users the opportunity to check if the DEX liquidity has been locked. (UniSwap, PancakeSwap and other supported protocols)

Is the integration on GeckoTerminal live?

Yes! Mutual integrations from both platforms have already been performed.

On the GeckoTerminal desktop app, it is now possible to track liquidity locks for your favorite altcoins. Let’s take a concrete example with our native utility token: $UNCX

UNCX Network service users will benefit from this integration ➡️ getting increased exposure for their communities and a broader DeFi audience as they do due diligence and evaluate transparency & security measures put in place. Same comment for GeckoTerminal user base!

It goes without saying that this first implementation will lead to future additional collaborations and technical integrations. Stay tuned on that, our respective teams are baking what’s next — No alpha leaks!

Final Thoughts

We are thrilled to get started with GeckoTerminal and their users — members are most welcome to join our community and start digging into advanced mechanics.


$UNCX & $UNCL; Time to bridge out of BNB Chain.

Dear UNCX Network Community,

With the date of 6th March 2023, Gnosis Chain published an announcement about decommissioning the native bridge between the BNB chain and Gnosis Chain due to low traffic, assets being non-native to each chain, and alternate solutions for this type of bridging. You can find the details of the announcement here.

As part of this introduction, it is worth mentioning that this is a sole decision from the Gnosis Chain & Omnibridge team. The UNCX Network team has been informed about these changes but was not involved in making this decision (we are standing as service users).

We are aware that this scenario impacts our users/holders by inviting them to bridge their holdings out of BNB Chain at their earliest convenience (see below).\

Concrete consequences of the above and expected timeline:

  • (1) From the 27th of March 2023 all transactions from BNB Chain to Gnosis Chain will be disabled (it will still be possible to send from Gnosis Chain to BNB Chain, but there would be no interest doing so for $UNCX holders — Please do not consider doing so)
  • From the 5th of June 2023 the bridge will be fully decommissioned, preventing the transactions for both sides (BNB chain <> Gnosis Chain)

(1) We are actively in touch with the Gnosis Chain team in order to extend this deadline, their team is willing to support our community and users in the best way possible. However, we recommend our users to bridge as soon as possible because we (the UNCX Network team) can not guarantee any deadline extension.

What does it mean for our holders?

Impacted tokens are ONLY BNB Chain tokens UNCX and UNCL. All utility tokens held either on Gnosis Chain or Ethereum are not impacted.

Simply put, it is time to bridge your UNCX and UNCL held on BNB Chain assets back to Gnosis or Ethereum.

We do not recommend leaving your assets on BNB Chain, as with the date of decommissioning the Gnosis Bridge to BNB, your assets might end up being stuck there forever without a possibility of selling or bridging them.

The liquidity from our Pancakeswap pairs both for UNCX and UNCL will be removed, since every holder is impacted, including us (the liquidity providers/owners).

You do not have to worry if you are reading this, we have your back and there is still plenty of time to bridge your assets!

Please find a detailed guide for bridging UNCX/UNCL to both Gnosis or Ethereum using Multichain or Omnibridge here. Which one you choose depends on you.

Some of our recommendations:

  • To bridge from BNB Chain to Gnosis Chain, you will need to use the Omnibridge guide (and from there you can also bridge back to Ethereum Chain at a later stage).
  • To bridge straight from BNB Chain to the Ethereum Chain, you will need to use the Multichain guide.

💡 If you need some support of any kind while bridging your assets backs, get in touch with the team!


UniCrypt Rebrands to UNCX Network.

Dear UNCX (formerly UniCrypt) Community!

We are excited to release a new sleek, informative, and organized home website ➡️ Check it out! ✨✨✨

Along with this change, we have officially rebranded from UniCrypt Network to UNCX Network. This change comes as we have been working behind the scenes on quite a few projects which will expand our portfolio.

The fact that it is essential to trademark your brand name as soon as possible is also a lesson we evidently learned along the way.

Our commitment to building secure infrastructure for DeFi stays the same and is even stronger than ever. We continue to develop and improve services that help make DeFi a more trustworthy place and we will continue to conceptualize innovative features.

This portfolio expansion comes as we wish to bear market proof ourselves and as we honestly just keep getting inspired by new ideas we have chosen to build.

Lately, we also have been expanding the team and are excited to be engaging more frequently with you guys over Twitter, podcasts, and Telegram.

As always, if you have any questions, don’t hesitate to reach out!


$UNCX Staking Updates | January 2023

Dear $UNCX Community and stakeholders,

Before reading further, the team would like to wish you the best for 2023! It has been an incredible year on our side considering the overall industry conditions, and we are ready for what is coming 🚀

Today, we are delivering a couple of updates related to our native token, namely $UNCX. Our last post in regards to the utility asset was following the FTX collapse and the measures taken on our side.

💡 If you haven’t already, we recommend reading the article here link (https://unicrypt.medium.com/time-to-protect-uncx-liquidity-1fa225c0ba98)!

Without further due, time to share the news & updates! We HIGHLY suggest our members spread this piece around within & outside of the community.

The information shared below is critical to enjoying the current and upcoming features of our utility token.

1/3 — Liquidity Rebalancing on ETH and BNB Chain

Currently, $UNCX is available for trading on Ethereum (Uniswap V2 — DEXTools) and on BNB Chain (PancakeSwap V2 — DEXTools).

The liquidity is roughly distributed 55% on BNB Chain, and the remaining 45% on the ETH chain.

$UNCX utility is currently concentrated on the Ethereum Network (especially regarding staking). We are therefore applying a liquidity rebalancing to our current pools in favor of the ETH network. The combined liquidity pool depth will remain unchanged.

Rebalancing new values:

💧85% of the $UNCX liquidity will now live on the ETH chain and the remaining 15% on the BNB chain.

💡 Holders willing to bridge back $UNCX from BNB Chain to the ETH network to access deeper liquidity can use one of the available bridges deployed (Multichain, or OmniBridge)

🔒 Rebalanced pools Liquidity locks direct links:

BNB Chain: LP LockETH Chain: LP Lock

2/3 $UNCX Staking rewards are changing

Currently and for the last 9 months, $UNCX stakers were enjoying payouts in $USDC & $UNCL, being simultaneously rewarded on the Ethereum Network. To put things simpler, if you were staking $UNCX you could enjoy rewards both in $USDC and $UNCL.

From January 2023 and onwards, $UNCX stakers will enjoy rewards in $UNCX (changing from $USDC) and $UNCL (remaining unchanged) on the Ethereum Network.

$UNCX tokens to be rewarded to stakers will EXCLUSIVELY come from buybacks.

The team will not use reserves or tokens already bought back over time.

📊 The monthly $UNCX buyback amount (in terms of USD value) will match the former $USDC allocated figure (≈150'000 USDC per month). Buybacks will be performed randomly over time to ensure there’s no trading around these events.

🚦 This decision has been taken to ultimately benefit our utility token community while ensuring regulatory compliance in the EU and overseas. It is key for us to start 2023 in the best way possible!

I will take the opportunity here to thank everyone involved in that process, they will recognize themselves while reading this.

3/3 — How/when will these changes apply?

Currently, the $USDC and $UNCL reward pools are over for the month of December 2022. Stakers can harvest their rewards as usual.

➡️ $UNCL reward pools will be replenished as usual. No changes to perform, and no need to subscribe to a new reward pool. ‘Business as usual’ 😉

➡️ $USDC reward pools will not be replenished as per the announcement in the article(2/3, see above). No changes to perform, subscribed stakers can simply harvest their last rewards from the pools in $USDC.

🆕 $UNCX reward pools

$UNCX reward pools will be created on a monthly basis and will require our community to ACTIVELY subscribe to each of them manually over time.

The subscribing action is necessary as each reward pool might have a different block emission ratio depending on $UNCX price action being subject to the open market fluctuation over time. This also plays in favor of the active & engaged community members.

Each pool will be created 10 days in advance (by the 20th of the current month for the next month's reward stream, allowing a minimum of 10 days to subscribe — the team will make sure to convey information and reminders on all our socials).

Once subscribed, stakers can harvest/withdraw their rewards whenever they would like to do so (no time limit, just like it works now).

To summarize things simpler : as a $UNCX staker, you will need to subscribe to the $UNCX reward pools created over time on a monhtly basis. If you forget to subscribe, rewards could be missed. We now require your attention once a month at least as a $UNCX staker.

IMPORTANT note for January 2023:

The month of January, as it is already started, will be a boosted 2 weeks period of rewards you do not want to miss! 🚀

Reward emission will start on January 16th and stakers are required to subscribe to their respective reward pools before that date. It is already possible to subscribe to the reward pool. The return APY will be adjusted and is currently showing a dummy value.

Useful quick links (connect your wallet and stake/subscribe from there): 🦄 Staking Portal | 1️⃣ Tier 1 Pool | 2️⃣ Tier 2 Pool | 3️⃣ Tier 3 Pool

Final Thoughts

We sincerely hope these changes will please our $UNCX community.

Token stakeholders will (and need to!) also understand this update allows us growth taking into account specific legal & regulatory aspects for 2023 onwards.

It is also worth mentioning here that we as a community will now experience a rather permanent buyback pressure on the $UNCX markets, which might as well be convenient during this ‘descending’ phase of the macro market cycles.

Buybacks also will enhance our liquidity depth, which ultimately benefits the entire community.

Last but not least, rewarding our ecosystem participants and specifically stakers with $UNCX is on our book for the healthiest circulating token supply distribution.

PS: Q1 is packed with updates, stay with us. We will share some news in that regard very shortly.