News

UniSat Wallet brc20-swap Mainnet Will Launch On October 25

Key Points:

  • UniSat Wallet brc20-swap mainnet will launch on October 25, 2023, with a 0.3% transaction fee structure.
  • Prime Access, unique commemorative inscriptions, will be gradually distributed to the community from October 18.
  • UniSat commits to a phased approach, continuously monitoring system performance.
UniSat Wallet brc20-swap mainnet is set to launch on October 25, 2023, following a detailed plan that includes fee structures and unique incentives for the community.

UniSat Wallet brc20-swap’s Mainnet Launch Plan Revealed

Starting on October 18, UniSat plans to distribute commemorative inscriptions known as “brc20-swap Prime Access” to the community. Prime Access, similar to Early Access, is provided free of charge and can be transferred after 300 confirmations. It grants access to the initial mainnet version and comes with a unique identifier, making it appealing to collectors.

Upon the mainnet launch, UniSat Wallet brc20-swap transactions will incur a 0.3% transaction fee. Of this fee, 1/6 (0.05%) will go to UniSat, and the remaining 5/6 (0.25%) will be distributed to liquidity providers for the corresponding trading pairs. This fee structure aligns with the prevailing standards set by UniSwap.

Unique Prime Access Offered as UniSat Prepares for October 25 Mainnet Launch

UniSat is committed to a phased approach. During the initial mainnet launch, Prime Access will continue to be distributed freely. As the user base grows, UniSat will actively monitor the system’s performance and address any arising issues. Ultimately, all features will be made accessible to all users through a series of iterations.

UniSat Wallet is a decentralized application designed for creating Bitcoin wallets, enabling interaction with the Ordinals protocol. Additionally, it features a marketplace for NFTs and BRC-20 tokens on the Bitcoin blockchain.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

DCG First Quarter Revenue Hits $229 Million Despite Grayscale’s GBTC Slump

Subsidiaries Grayscale, Foundry, and Luno contribute to DCG first quarter revenue growth, despite challenges such…

9 hours ago

Binance Financial Penalty In Canada Is $4.3 Million For Unregistered Operations

The Binance financial penalty comes amidst a series of legal challenges for Binance, including a…

10 hours ago

Bitcoin Rallies 12,464% To Outshine Amazon And Google, Experts Reveal The Next BTC

Bitcoin (BTC) has outperformed major tech stocks in the past decade, and this growth translates…

12 hours ago

Is DWF Labs Market Manipulation Being Covered By Binance, Or Is There An Important Secret?

Allegations of DWF Labs market manipulation surface at Binance after the dismissal of an internal…

13 hours ago

Bitcoin Mining Difficulty Sees Sharpest Drop Since December 2022

Bitcoin mining difficulty dropped by 5.63% to 83.15 T, marking the largest decrease since December…

13 hours ago

AIGOLD Goes Live, Introducing the First Gold Backed Crypto Project

George Town, Cayman Islands, May 8th, 2024, ChainwireAIGOLD is pleased to announce the launch of…

15 hours ago

This website uses cookies.