Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Units Network is a Layer 0 blockchain that uses restaking for consensus and a DAO-powered builder for launching chains. Designed for both scalability and ease of use, Units Network allows users to launch sidechains without deep technical knowledge. By employing restaking for consensus, Units Network ensures that tokens remain liquid while securing the network, making blockchain technology more accessible and flexible for both technical and non-technical users. The network’s native token, UNIT0, is used for governance, transaction fees, and as a key component in launching new sidechains.
Who are the Founders of Units Network?
Units Network was developed by a team of blockchain veterans, with significant support and strategic backing from Waves. Project’s founder is Sasha Ivanov, CEO of Waves, who brings his deep 10-year expertise in building scalable blockchain ecosystems.
What Makes Units Network Unique?
Units Network stands out for its modular framework and restaking consensus model. While traditional Layer-0 solutions require substantial technical expertise, Units Network’s modular tools make it easy to build and scale blockchain networks without coding or programming skills. The restaking model also keeps tokens liquid, allowing participants to secure the network without locking up their assets. Additionally, Units Network’s architecture does not require Layer-2 scaling solutions, making it inherently scalable and straightforward to manage as the network expands.
What is Units Network (UNIT0)?
Units Network is a Layer 0 blockchain that uses restaking for consensus and a DAO-powered builder for launching chains. Designed for both scalability and ease of use, Units Network allows users to launch sidechains without deep technical knowledge. By employing restaking for consensus, Units Network ensures that tokens remain liquid while securing the network, making blockchain technology more accessible and flexible for both technical and non-technical users. The network’s native token, UNIT0, is used for governance, transaction fees, and as a key component in launching new sidechains.
Who are the Founders of Units Network?
Units Network was developed by a team of blockchain veterans, with significant support and strategic backing from Waves. Project’s founder is Sasha Ivanov, CEO of Waves, who brings his deep 10-year expertise in building scalable blockchain ecosystems.
What Makes Units Network Unique?
Units Network stands out for its modular framework and restaking consensus model. While traditional Layer-0 solutions require substantial technical expertise, Units Network’s modular tools make it easy to build and scale blockchain networks without coding or programming skills. The restaking model also keeps tokens liquid, allowing participants to secure the network without locking up their assets. Additionally, Units Network’s architecture does not require Layer-2 scaling solutions, making it inherently scalable and straightforward to manage as the network expands.
UNIT0 Token Utility
The UNIT0 token is integral to Units Network, offering various essential utilities that support network functionality, governance, and growth.
• Restaking for Consensus: UNIT0 enables validators and delegates to restake their tokens to secure additional networks or protocols beyond the Units Network, enhancing security across the ecosystem while keeping tokens liquid.
• Transaction Fees: UNIT0 tokens are used for transaction fees, ensuring seamless network operations by compensating validators and participants for their services.
• DAO Governance: As a governance token, UNIT0 allows holders to participate in decentralized decision-making. Holders can propose and vote on critical decisions, such as protocol updates and new chain approvals.
• Sidechain Launch Fees: Projects launching a sidechain within Units Network must pay fees in UNIT0, making it crucial for network expansion.
• Rewards from DAO-Powered Builder: Through the DAO builder, UNIT0 holders also gain access to rewards from new projects launched on Units Network.
Units Network Layer-0 Technology
Units Network’s Layer-0 technology serves as the foundational layer for interconnected blockchain networks. By focusing on Layer-0, Units Network achieves scalability at the base layer, eliminating the need for additional Layer-2 infrastructure. This enables high throughput and secure interoperability across sidechains, reducing security risks associated with traditional centralized bridging methods. The platform’s architecture supports seamless cross-chain communication and DAO-driven governance, allowing the community to actively participate in decisions, protocol updates, and new chain launches.
UNIT0 Token Utility
The UNIT0 token is integral to Units Network, offering various essential utilities that support network functionality, governance, and growth.
• Restaking for Consensus: UNIT0 enables validators and delegates to restake their tokens to secure additional networks or protocols beyond the Units Network, enhancing security across the ecosystem while keeping tokens liquid.
• Transaction Fees: UNIT0 tokens are used for transaction fees, ensuring seamless network operations by compensating validators and participants for their services.
• DAO Governance: As a governance token, UNIT0 allows holders to participate in decentralized decision-making. Holders can propose and vote on critical decisions, such as protocol updates and new chain approvals.
• Sidechain Launch Fees: Projects launching a sidechain within Units Network must pay fees in UNIT0, making it crucial for network expansion.
• Rewards from DAO-Powered Builder: Through the DAO builder, UNIT0 holders also gain access to rewards from new projects launched on Units Network.
Units Network Layer-0 Technology
Units Network’s Layer-0 technology serves as the foundational layer for interconnected blockchain networks. By focusing on Layer-0, Units Network achieves scalability at the base layer, eliminating the need for additional Layer-2 infrastructure. This enables high throughput and secure interoperability across sidechains, reducing security risks associated with traditional centralized bridging methods. The platform’s architecture supports seamless cross-chain communication and DAO-driven governance, allowing the community to actively participate in decisions, protocol updates, and new chain launches.
The live UNIT0 price today is $0.687864 USD with a 24-hour trading volume of $3,948,462 USD. We update our UNIT0 to USD price in real-time. UNIT0 is down 9.44% in the last 24 hours. The current CoinMarketCap ranking is #3022, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000 UNIT0 coins.