$12.340000
Market Cap
--
24h High
$12.340000
24h Low
$12.340000
24h Turnover
$136.02
Total Supply
1.00M
Market Sentiment
Neutral
0 Extreme Fear100 Extreme Greed
- Yesterday
- 20
- Extreme Fear
- Last Week
- 25
- Fear
- Last Month
- 53
- Normal
The Fear & Greed Index is currently 13/100, in the Extreme Fear zone; change from yesterday: -7, from last week: -12, and from last month: -40. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.
About Unlock Protocol (UDT)
Use Cases and Features
UDT serves Unlock Protocol DAO governance. Holders may delegate their voting power to participate in on-chain votes on governance proposals, which are conducted through the governor contract. Voting eligibility is proposal-specific: a delegate must have held the relevant delegated balance when that proposal was submitted. A later balance change does not alter this condition.
Supply and Issuance Mechanism
As of April 2023, UDT supply is fixed, with no further minting. Unlock Inc. premined 1 million UDT when creating the tokens and holds them in its multisig wallet. The company aims to use 800,000 to foster adoption of the protocol and will retain at least 200,000. These figures describe the premined supply and its planned allocation, not an individual participant’s reward.
Unlock Protocol (UDT) Basics & Market Insights
Frequently Asked Questions About Unlock Protocol (UDT)
Are UDT and the migrated UP the same token?
x
Can new UDT still be minted after April 2023?
x
How much UP can 1 UDT be swapped for during the migration?
x
Does completing a UDT swap guarantee an extra bonus?
x
Has UDT become UP once it is bridged to Base?
x
What steps remain after UDT has been bridged?
x
Must UP holders delegate to someone else to vote?
x
Does holding UDT mean holding an Unlock membership NFT?
x
Are all Unlock membership NFTs permanent?
x
Why did Unlock DAO consider moving governance away from Ethereum mainnet?
x
Can an Unlock onchain governance proposal directly carry out offline work?
x
Can UP be swapped back to UDT?
x
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