Floor Price
The Universus Treasury has yet another primary function. With its assets under management, it is possible to guarantee a minimum price for the UNX Token. For this, Universus Treasury has a trigger that will be activated to repurchase UNX Tokens whenever the market capitalization of the UNX Token falls below the market value of the assets that make up Universus Treasury (excluding UNX Tokens).
This process assists the floor price to increase over time. This is because the different Universus activities such as: the purchase of NFTs on the primary market, Spaceships Crafting, spaceships Talent Trees upgrade and Androids Fusion will have all the UNX Token consumption reversed in assets for the Universus Treasury.
Last modified 1yr ago