Announcing the U2U Incentivized Mainnet on CoinList
U2U is a modular layer 1 blockchain with EVM compatibility that utilizes Subnet technology for infinite scalability, making it a great choice for DePIN projects.
Today, we’re excited to announce U2U’s Incentivized Mainnet. In an effort to onboard more users, U2U is offering 10,000,000 U2U tokens to qualifying participants for their contributions.
Participants can earn rewards by bridging USDT from other chains to receive pUSDT, which serves as both gas and staking currency within the network. Once onboarded, users can deposit pUSDT into U2U’s Incentivized Staking Pool to accrue more rewards.
Eligibility & Criteria
Here is how users can participate in U2U’s Incentivized Mainnet:
- Bridge USDT from other chains to the U2U Mainnet Chain to receive pUSDT. After the bridge is successful, users will receive 5 U2U tokens, which can be used as the gas fee to explore U2U’s ecosystem.
- Deposit pUSDT to U2U’s Incentivized Staking Pool. Only 1,500,000 pUSDT can be deposited into this pool.
- Claim rewards. Users can instantly claim the interest in U2U tokens 7 days after TGE (approximately mid-December, 2024). The total accrued rewards in U2U will be distributed after the staking period ends (February 9, 2025).
Rewards
A total of 10,000,000 U2U tokens, representing 0.1% of the total token supply, have been allocated for U2U’s Incentivized Mainnet participants.
These 10,000,000 U2U tokens will be distributed across users who deposit USDT into U2U’s Incentivized Staking Pool.
Timeline
The program will last for 90 days, from November 12, 2024 at 8:00 UTC to February 10, 2025 at 8:00 UTC.
About U2U
U2U is a modular layer 1 blockchain ecosystem, uniquely designed for scalability and flexibility. Built with EVM compatibility, U2U leverages Subnet technology to support diverse, real-world applications in a decentralized manner, making it ideal for Decentralized Physical Infrastructure Networks (DePIN).
At its core is the U2U Network, which combines a modular architecture with robust security features, ensuring that each application and service operates with autonomy and resilience. U2U’s Subnet further enables comprehensive, scalable solutions, supporting DePIN projects with a tailored ecosystem that can adapt to high demand and large-scale implementations. This infrastructure empowers users to engage in secure, peer-to-peer interactions while maintaining control over their data in a decentralized environment.
Join the U2U community
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