Unit App Architecture

Assets

Assets refer to the various digital tokens that exist within the Unit blockchain ecosystem.

Bank

This document aims to provide a comprehensive understanding of Unit Network's banking system.

Bond Staking

Overview:

Deposits

Summary:

Exchange

Unlocking Economic Potential: Overview

Pool Staking

Exchange Pool Staking stands as a vital element within the decentralized exchanges (DEXs) of the Unit Network. Users have the flexibility to contribute tokens to a designated exchange pool, enabling them to earn up to 0.5% of every trade conducted within.

Profile

The Profile module is a comprehensive module within the Unit Network designed to facilitate user interactions. It empowers users with various functionalities, including creating and updating profiles, establishing backup accounts, following and unfollowing other users, and exchanging messages via encrypted chat.

Oracle

The Oracle module serves as a critical component within our system, responsible for fetching real-time prices of major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and others. These price data serve various critical purposes within our platform.

Staking Worker

The Staking Workers module employs off-chain workers responsible for gathering off-chain information such as price updates and transaction verification for deposits and withdrawals. These workers reach a consensus on prices every four blocks to maintain system accuracy and integrity, also verifying the legitimacy of reported transactions.

Sale

Sale Application Overview:

Treasury

The Treasury within the Unit Network serves as a foundational element, providing transparency and value distribution to token holders through an immutable mechanism. Here's an overview of its key features and functions:

Vaults

To initiate the vault creation process and associate an address with your profile:

Withdrawals

The withdrawal process for obtaining underlying assets from wrapped assets involves the following steps:

Unit Network Core Features Architecture Overview

Unit Network's architecture is a well-integrated ecosystem of core features designed to provide a comprehensive and decentralized platform for users.

Key components within the Unit Network application

1. App Store:

   • The decentralized App Store serves as a hub for a variety of applications created by developers and users.
   • It allows seamless sharing and browsing of plugins, fostering innovation and customization within the Unit Network ecosystem.

2. Assets:

   • The Assets feature facilitates the creation and management of digital tokens representing various entities such as industries, cities, businesses, brands, and personal identities.
   • It enables users to tokenize real-world assets, adding liquidity and tradability to diverse forms of value.

3. Bank:

   • The Bank feature is a central element for managing token finances and transactions.
   • Users can deposit, withdraw, and perform various financial activities within the decentralized and transparent banking system.

4. Bond Staking:

   • Bond Staking provides a mechanism for users to stake their tokens and earn rewards.
   • This feature contributes to the security and stability of the network while incentivizing user participation.

5. Deposits and Withdrawals:

   • Users can seamlessly deposit and withdraw funds within the Unit Network, ensuring liquidity and accessibility.
   • This core feature facilitates the smooth flow of assets in and out of the platform.

6. Exchange:

   • The Exchange feature allows users to trade tokens and assets in a decentralized marketplace.
   • It provides a transparent and secure environment for users to engage in peer-to-peer transactions.

7. Leaderboard:

   • The Leaderboard feature showcases the performance and achievements of users within the Unit Network ecosystem.
   • It adds a competitive and engaging element to the community, recognizing and rewarding active participants.

8. Pool Staking:

   • Pool Staking enables users to participate in staking pools, collectively contributing to the security and functionality of the network.
   • Users receive rewards based on their contributions to the staking pools.

9. Profile:

   • The Profile feature allows users to create and manage their profiles within the Unit Network.
   • It enhances the personalization and identity management aspects of the user experience.

10. Oracle:

    • The Oracle feature serves as a source of external data for smart contracts, ensuring accurate and reliable information.
    • It contributes to the efficiency and accuracy of decentralized applications within the Unit Network.

11. Sale:

    • The Sale feature facilitates token sales and crowdfunding events within the Unit Network.
    • Users can launch sales campaigns for their tokens, raising funds and promoting community engagement.

12. Treasury:

    • The Treasury feature manages the funds and resources allocated for the development and growth of the Unit Network ecosystem.
    • It plays a crucial role in sustaining and expanding the platform.

13. Vaults:

    • Vaults are secure storage facilities for digital assets within the Unit Network.
    • They ensure the safety and integrity of users' tokens, contributing to the overall security of the ecosystem.

In summary, the core features of the Unit Network application create a robust and interconnected ecosystem, providing users with a decentralized and versatile platform for various financial and community activities.