Description
UniPower describes itself as the first Proof of Liquidity token and a complete liquidity-based DeFi token. At inception, 100% of its fixed 1,000,000 token supply was sent to Uniswap, no additional tokens can ever be minted, and the liquidity is held in a 'Liquidity Vault' smart contract so it cannot be instantly withdrawn. The project is fully decentralized, with the ERC20 token held in users' wallets and liquidity managed on-chain. The roadmap envisions the flagship Uniswap pool being managed by a DAO system that distributes trading fees or funds token buybacks. UniPower has expanded into a dapp ecosystem including Power Lock (fixed timelock staking), Static Power (flexible duration staking), and ETH Prime (a dapp portfolio fund), and has run Uniswap trading contests for its community. The project was created by MrBlobby / Hank, a dapp developer active since 2018 who also created EtherGoo, TronGoo, and Frag Token. It serves crypto/DeFi users interested in liquidity-backed tokens, staking, and yield-generating dapps.