Decentralized Governance

Unicly will be fully governed by the community. There will be a voting portal on the platform where UNIC token holders will be able to vote for proposals. The protocol will mainly need the UNIC community to vote for new uToken pairs to whitelist.

2% of the total supply of UNIC will be needed to create a new proposal. 6.25% of the total supply of UNIC will be needed for a proposal to reach quorum. Of the 6.25%, the majority must be in favor of the proposal for it to pass.

All governance will occur transparently and fully onchain. Unicly’s smart contracts will be made permissionless and community-owned (through TimeLock and GovernorAlpha contracts) following initial deployments and launch.

Unicly Governance Voting Portal