Unich's reasoning for changing FD to FC.

Unich's reasoning for changing FD to FC.

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by Rajesh Kumar

9 months ago

Made with AI

Unich has unveiled its strategic decision to convert Freedom Points (FD) into Freedom Coin (FC) rather than its governance token, UN. According to the official information, this move is aimed at enhancing ecosystem stability and maximizing benefits for participants.

Mitigating Supply Pressure on UN Token

The rationale behind this conversion centers on mitigating immediate supply pressure on the UN token, which could potentially destabilize the ecosystem. By opting for FC, Unich aims to encourage long-term engagement from its community members.

Revenue Shares for Freedom Coin Holders

In addition to this, holders of Freedom Coin will enjoy access to revenue shares generated from the network's social layer. This initiative is designed to create passive rewards for users, directly linked to the overall usage of the platform, thereby incentivizing active participation and investment in the ecosystem.

Previously, Unich announced a comprehensive plan for converting Freedom Points into Freedom Coin, which is expected to enhance user engagement. For more details, see the full article here.

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