Topic: What is UMT? (Read 42 times)

UMT is a stablecoin designed to maintain a steady value by being pegged 1:1 to USDT. This means that for every UMT, there is an equivalent value in USDT, ensuring stability and reliability for its holders. Stability is essential in the volatile world of cryptocurrencies, and UMT offers a dependable option for users within the UTON ecosystem.
How to Earn UMT
Players can earn UMT by actively participating in various activities within the U-6174 galaxy. These activities include:
High-level World Bosses: Challenging and defeating powerful world bosses to earn rewards.
Galaxy-level GvG (Guild vs. Guild): Engaging in large-scale battles between guilds to showcase dominance and earn UMT.
High-level Group Battles: Participating in advanced group battles that require strategy and teamwork.

These activities are not only exciting but also provide players with an opportunity to earn UMT, encouraging continuous engagement and participation within the ecosystem.

A Novel Concept for Long-term Support
Introducing a third token, such as UMT, is a novel idea that brings fresh perspectives to the blockchain ecosystem. UMT embodies the belief that integrating GameFi (Gaming Finance) and SocialFi (Social Finance) will offer sustainable and long-term support for the development of Shanhai. This integration aims to create a vibrant and dynamic environment where gaming and social interactions drive the economy.

Technical Details of UMT
UMT is minted according to the ERC-20 standard, which is a widely accepted technical standard used for smart contracts on the Ethereum blockchain. This ensures that UMT can be easily integrated and transferred within the UTON network. However, UMT is unique in that it will not be publicly traded on any centralized or decentralized exchange. This approach is intended to maintain stability and control within the ecosystem, avoiding the volatility often associated with public trading.

The Future of UMT in the UTON Ecosystem
As the UTON blockchain ecosystem continues to grow and evolve, UMT will play a pivotal role in its development. By providing a stable and reliable token that can be earned through active participation, UMT encourages user engagement and fosters a thriving community. The combination of GameFi and SocialFi elements within the UTON ecosystem ensures that UMT will remain a vital component, supporting the long-term vision and growth of Shanhai.