Utopia in One Page

Utopia
3 min readAug 26, 2021

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What is Utopia?

Utopia is a metaverse project that transforms everything into blockchain! 🪐 Enjoy GameFi, DEX, Decentralized lending, NFT marketplace and more Defi apps all in one in Utopia universe.

It is the first-ever project that utilizes stablecoins as its ecosystem token!🚀

All fees of Utopia’s ecosystem will be divided into Utopia DAO, such as GameFi, DEX, NFT marketplace, etc. 💥

User Roles

Each user in the Utopia ecosystem can play one or more of the following roles, and each role has different financial and systematic incentives.

Producer: In the Utopia universe, users who deposit collateral assets and generate Ustablecoins are called producers, and they can get UC rewards and reinvest income.

Protector: Protectors can obtain liquidation income by providing Ustablecoins to Moat Pool, which is called as protectors, and can obtain UC rewards and collateral asset liquidation fees.

Utopian: In the Utopia universe, interactors who use Ustablecoins to participate in various applications in the universe, including but not limited to games, decentralized lending, NFT markets, and other economic activities, called Utopian, can obtain Ustablecoin revenue.

Adventurer: In the Utopia universe, adventurers can obtain high returns by providing liquidity to UC LP / Ustablecoin LP / NFT LP, etc., including UC rewards, collateral asset liquidation fees, and application income.

Voter: Governance token holders can obtain voting rights for governance proposals by exchanging UC. Those who hold UC, called voters, can obtain UC rewards, collateral asset liquidation fees, stability fee income, and application income.

UC Supply and Emission Allocation

The total UC supply is capped at 21,000,000 UC, with the emission divided into two stages.

Stage 1

8,400,000UC or 40% of the total supply, to be released linearly within 1 year.

Emission allocation:

  • 60%: community farming;
  • 12%: seed round investors;
  • 10%: DAO and Reserve;
  • 8%: Marketing;
  • 10% : Team(locked for 4 years).

Stage 2

12,600,000UC or 60% of the total supply, to be released linearly within 4 years.

Emission allocation:

  • 72%: community farming;
  • 10%: DAO and Reserve;
  • 8%: Marketing;
  • 10% : Team.

The UC rewards will be distributed proportionally within each pool, with differing reward allocations in different pools.

The daily reward formula is as follows:

dailyReward = blockReward * dailyBlockNo * poolWeight

Utopia universe

Project Roadmap

Nov 2021:

-Utopia Mainnet launch

-Utopia NFT launch

-Utopia Blind box launch

-Utopia Trading card game launch

Dec 2021:

-Utopia NFT Marketplace launch

-Multi-chain development

Q1 2022:

-Ecosystem building

-Multi-chain launch

-Utopia Chain development

-Utopia DEX development

-Utopia DEX launch

-Utopia Land Game development

-Utopia Land Game launch

Q2 2022:

-Utopia Money Market launch

-Utopia Chain development

-Utopia Chain: TestnetRelease

Come and join Utopia to earn more stablecoins!

To learn more about Utopia, you can visit the following official channels:

Website:

https://utopiacoin.org/

Telegram Announcement:

Telegram:

https://t.me/UtopiaCoin_Official

Twitter:

https://twitter.com/UtopiaCoinOrg

Discord:

https://discord.gg/ctcdRvgxFf

Email:

dev@utopiacoin.org

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Utopia

A metaverse project that transforms everything into blockchain!🚀🌕