Article Summary, Automatically Generated By AI
Summary of UBD Network
- UBD Network is a global software development company focused on eliminating human factors from digital wealth management.
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Key features:
- Transparent asset management tools
- Decentralized Trusts for digital asset storage, multiplication, and inheritance
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UBDN token:
- Generates rewards from Trust maintenance and transaction fees (50% shared among epoch participants)
- Supports the ecosystem and guarantees monthly rewards in UBD
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United Blockchain Dollar (UBD):
- Algorithmic stablecoin pegged to the US Dollar
About the UBD Network
UBD Network is a pioneering global software development company dedicated to revolutionizing the digital wealth management landscape by mitigating the impact of human biases and emotions.
The UBD Network’s cornerstone is to empower users with transparent and intuitive asset management tools, as it revolves around the secure storage, strategic multiplication, and seamless inheritance of digital assets, facilitated by cutting-edge technological solutions for the creation of decentralized Trusts.
UBDN is a utility that yields rewards derived from the operational dynamics of the UBD Network ecosystem. Notably, 50% of the UBD Network Rewards, accrued from Trust maintenance and UBD transaction fees, are allocated for distribution among epoch participants.
UBD Network was conceived not only to offer rewards, but also to guarantee the security of funds through the Trust System, which operates under the auspices of smart contracts governed by transparent, intermediary-free rules.
The United Blockchain Dollar, a pivotal component of the system, grants its owner access to the UBD Network Trust system. To facilitate the seamless functioning of the ecosystem and enable interaction with it, the United Blockchain Dollar, or UBD, was conceived – an algorithmic stablecoin pegged to the US Dollar and collateralized by a diversified portfolio of assets, including BTC, ETH, and other prominent stablecoins such as USDT and DAI, all of which are securely stored within the UBD Network Attractor.
The second fundamental pillar of the system is the UBDN token, which empowers its holders to contribute to the ecosystem’s growth and ensures a monthly dividend payout in UBD.