UNY Token

The UNY Token

UNY is the native token of the Unity ecosystem. It is a utility and governance token that powers the protocol backstop, unlocks boosted yields, and determines Unity Card tier benefits.

Utility

Lock UNY in your Unity Cash account to unlock: boosted USDu yield rates above the base rate, higher Unity Card spending tiers (like Crypto.com's card tiers), reduced fees across the protocol, and governance voting rights on protocol parameters.

Backstop Mechanism

The protocol holds a strategic UNY reserve funded by a portion of protocol revenue. When a yield strategy experiences a loss, the protocol sells UNY from the reserve at market price to cover the shortfall before any USDu holder is affected. This means UNY absorbs downside risk on behalf of depositors.

Upside Potential

As the Unity ecosystem grows — more deposits, more transactions, more Unity Card spending — demand for UNY increases. The backstop reserve is replenished through protocol fees, which are denominated in UNY. More activity means more fee revenue means a stronger reserve, which supports the token price.

Governance

UNY holders vote on: yield strategy allocations, backstop reserve ratios, new asset support, fee adjustments, L3 network parameters, and new product integrations. One UNY = one vote. Locked UNY gets 2x voting weight.

Token Distribution

The full tokenomics will be published before the public launch. Allocations will include: ecosystem treasury, team (long vest), early contributors, and community rewards. No pre-mine. No VC dumps.