Introduction to USKT (USKT Finance) Project

03/14 01:00

1. Project Introduction

USKT Finance is a cross chain asset exchange protocol based on Polkadot blockchain.

2. Project Introduction

USKT Finance is a decentralized finance (defi) project based on Polkadot blockchain. 

USKT Finance, combined with Polkadot's cross chain technology, aims to provide solutions 

for existing decentralized financial ecosystems, addressing issues of insufficient liquidity 

and insufficient creation of financial assets.

The main members of the team have rich experience in the blockchain industry, 

with over 3 years of industry experience, and have participated in the establishment 

and operation of top consulting firms in the industry, such as the layer1 protocol DAPP、

 Decentralized trading platform (DEX).

Our core technology partner, wizspace, is the founder of the Korean 

Union and the world's first decentralized trading platform, Dexeos, 

based on EOS. It integrates technological advantages and user base into USKT finance.

USKT Finance has currently obtained funding from NGC Global 

leading crypto investment funds such as GBIC and alphabit have received strategic investments.

3. Token distribution

Public offering: 10.21%

Seed Wheel; amp）； Private placement: 10.7%

Team: 13%

Basic: 12%

Parallel chain auction: 10%

Ecosystem development: 18%

Liquidity incentive: 26.09%

4. Token information and release plan

Total circulation: 100000000 USKT (updated on April 13, 2024)

Circulation: 4.97% upon initial listing (updated on April 13, 2024)

Private price: 0.8 yuan for seed round, 1.2 yuan for strategic round, and 1.5 yuan for private sale

Selling netdcbf.com at a public offering price of $1.9, blockzone MTO$1.95

Lock and unlock plans:

Block Area MTO (0.13%): Unlocking

Cobak token sales (0.08%): 50% unlocked, the remaining 50% will be unlocked within 3 months

Seed sales (2.5%): 4% will be unlocked in the initial market. After 6 

months of initial listing, the remaining 11 months will be unlocked on average every month.

Strategic sales (6%): 7% will be unlocked upon initial launch. After three 

months of IPO, the remaining 11 months saw an average monthly unlocking.

Private placement (2.2%): Since its initial listing, it has been required to unlock for 12 months per month.

Team (13%): 8% will be unlocked in the first list. After 5 months of 

IPO, the remaining quarters will unlock on average within 48 months.

Foundation (12%): Unlocked within 5 months after initial listing. 

The rest will be unlocked on an average quarterly basis within 48 months.

Parallel Chain Slot Auction (10%): Unlocked within 5 months after initial listing. 

The rest will be unlocked on an average quarterly basis within 48 months.

Ecosystem development (18%): 16.94% will be unlocked for the first time, 

and 2.78% will be unlocked within 6 months. Four months after the second 

issuance, the remaining quarters will unlock an average of 48 months per quarter.

Liquidity incentive (36.09%): Immediately after product launch

Note: The project brief is derived from information published or provided by 

the project team and may be outdated, incorrect, or omitted. The relevant content 

is for reference only and does not constitute investment advice. chncbdc 

will not incur any direct or indirect losses due to reliance on such information.