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Assets

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

These tokens can represent various types of digital assets, including cryptocurrencies, stablecoins, utility tokens, and others. Each token within the Unit application has specific attributes such as name, symbol, maximum supply, circulating supply, description, website, and token type.

These assets can be created, managed, and transacted within the Unit application, allowing users to participate in decentralized finance (DeFi) activities, token sales, staking, and other blockchain-based functionalities. Additionally, assets within the Unit application may interact with other core features such as treasuries, vaults, staking, and oracles to provide a comprehensive ecosystem for token management and value exchange.

In the Unit blockchain, all tokens have the following attributes:

  • ID: Unique identifier for the token

  • Name: Name of the token

  • Symbol: Symbol representing the token

  • Owner: Address of the token creator

  • Maximum Supply: Maximum number of tokens that can ever exist

  • Supply (Circulating Supply) Current number of tokens in circulation

  • Description: Description providing information about the token

  • Website: Website associated with the Token

  • Token Type: Type of token (e.g., Crypto, WrappedCrypto, Stable, UNIT)

  • Color: Color associated with the token

  • Initials: Initials representing the token

  • Ecosystem Token: A token of type "Crypto" can be designated as an ecosystem token, allowing it to manage tokens within its ecosystem.

  • Bank and Treasury: Tokens designated as ecosystem tokens can have a bank and treasury. Transfers to the bank redirect funds to the token's treasury.

  • Deletion: Only the token creator can delete the token. Deletion is allowed only if no tokens have been transferred out of the bank and if no other tokens have been transferred into the bank and treasury.

  • Unique Symbol: Symbols must be unique. If a symbol has been used previously, a number is concatenated to the end of the symbol to ensure uniqueness.

  • Symbol Restrictions: Symbols are restricted to numbers and alphabetic characters

  • Updating Supply and Symbol: The supply and symbol of a token can only be updated if no tokens have been transferred out of the bank.

Token Types