Reserve Assets
Reserve assets in Unit Network are stable and widely recognized cryptocurrencies that provide stability and reliability. While Unit Network doesn't endorse specific coins or tokens, it offers a diverse range of reserve assets to enhance adoption and back the UNIT Treasury.
Reserve assets play a pivotal role within Unit Network, serving multiple functions:
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Treasury: Locked as reserve assets in a token's treasury, providing tangible backing to substantiate the token's value. This concept mirrors a nation's vault of gold used to support its currency.
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Trading: Reserve assets are traded on various crypto exchanges within Unit Network, contributing to liquidity and facilitating trading activities.
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Sale: They're used to purchase and back various tokens across different categories, supporting a wide array of projects and initiatives.
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Transfer: Reserve assets enable free transfers between users or to token banks, allowing seamless movement within the ecosystem.
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Deposit / Withdraw: They facilitate sending and receiving cryptocurrencies into or out of Unit Network, giving users flexibility in managing their assets.
In summary, reserve assets are essential in underpinning the value, liquidity, and functionality of tokens within Unit Network.
Whether locked in treasuries, traded, used in sales, transferred, or deposited/withdrawn, these assets play a dynamic role in the interconnected ecosystem of Unit Network.
Exploring the Present: Unveiling Unit Network's Current Reserve Assets.
Discover our Supported Coins/Tokens, Compatible Networks for Deposits, and Easily Verify Transactions with our Block Explorer
Unit Network exclusively supports native networks for deposits. For instance, when depositing BTC, ensure it is done via Native SegWit, avoiding BEP20 or any other networks.
Bitcoin (BTC)
- Supported deposit network: BTC (Native SegWit) (Bitcoin)
- Block Explorer: Bitcoin Block Explorer
Ethereum (ETH)
- Supported deposit network: ETH (ERC20) (Ethereum)
- Block Explorer: Ethereum Block Explorer
Polkadot (DOT)
- Supported deposit network: DOT (Polkadot)
- Block Explorer: Polkadot Block Explorer
Solana (SOL)
- Supported deposit network: SOL (Solana)
- Block Explorer: Solana Block Explorer
Polygon (MATIC)
- Supported deposit network: MATIC
- Block Explorer: Polygon Block Explorer
Binance Coin (BNB)
- Supported deposit network: BNB (Binance)
- Block Explorer: BNB Block Explorer
Cardano (ADA)
- Supported deposit network: ADA (Cardano)
- Block Explorer: Cardano Block Explorer
Algorand (ALGO)
- Supported deposit network: ALGO (Algorand)
- Block Explorer: Algorand Block Explorer
Avalanche (AVAX)
- Supported deposit network: AVAX (Avalanche)
- Block Explorer: Avalanche Block Explorer
Near Protocol (NEAR)
- Supported deposit network: NEAR (Near Protocol)
- Block Explorer: NEAR Block Explorer
Stellar (XLM)
- Supported deposit network: XLM (Stellar)
- Block Explorer: Stellar Block Explorer
Cosmos (ATOM)
- Supported deposit network: ATOM (Cosmos)
- Block Explorer: Cosmos Block Explorer