Supercharging UFT: One Token to Power All Blockchain

4 min readJun 7, 2024

TD;LR

Numa Chain’s unveiling supercharged UFT’s utility, establishing it as the Universal gas token.
UFT simplifies cross-chain transactions, ensuring seamless transactions without the need for multiple gas tokens.
Listed on 21+ Major CEXs and DEXs worldwide, including Binance, Uniswap, and Coinbase Custody, solidifying its market presence.
UFT empowers users with community governance, enabling them to shape the protocol’s evolution.
Integration with DeFi platforms expands UFT’s utility and adoption.
Incentives and benefits drive engagement and sustainability for liquidity providers and participants.
UFT serves as a catalyst for innovation in decentralized finance, shaping the future of blockchain technology.

With the recent groundbreaking unveiling of our new chain abstraction product, Numa Chain has supercharged the utility of the UFT token, establishing it as the ultimate powerhouse. This marks a new era in blockchain innovation, with UFT emerging as the Universal gas token powering all blockchains, representing a significant leap forward in blockchain interoperability and efficiency. UFT is evolving into an all-rounder for the ecosystem.

Now, let’s explore the versatile utilities of the UFT token, offering seamless transactions, improved governance, and broad accessibility across various blockchain networks.

One Gas token for all Blockchain transactions

Users no longer need to buy or store gas tokens. With UFT serving as the gas token for all blockchain transactions, cross-chain transactions are simplified, avoiding market fluctuations. As a result, users can seamlessly do transactions across various blockchains without any hassle.

Community Governance

UFT token brings robust community governance to the table. With UFT, users have a say in the protocol’s development. Through active participation in governance decisions, voting on new parameters, and fostering a community-driven ecosystem, users play a vital role in reshaping the future of DeFi. This empowerment underscores a community-driven ethos, where every voice contributes to the evolution of decentralized finance.

Prominent Listings

UFT is a highly liquid asset, listed on over 21 major CEX & DEXs worldwide, including Binance, Coinbase Custody, Uniswap, HTX Global, Quickswap, WazirX, Sushiswap, CoinDCX, Gate.io, and many others. Available on Binance for Isolated & Cross Margin trading, UFT further solidifies its market position, expanding its global presence and introducing millions to permissionless lending and borrowing.

To further boost UFT’s DeFi utilities, numerous other DeFi applications can now seamlessly integrate UFT into their ecosystems, ensuring swift and secure integration. Chainlink has integrated UFT-USD price feeds on Ethereum. UFT Price Feeds are live on multiple chains, powered by Redstone, supporting all EVM-compatible chains.

Token payments for dApps on other blockchains

Similar to gas fees, users can utilize UFT to make token payments for accessing any dApps on supported chains with a single unified payment. Say goodbye to the fuss of managing different tokens and enjoy seamless transactions with UFT.

Incentives

Incentives for liquidity providers and ecosystem participants are strategically designed to bootstrap the protocol and ensure the effective distribution of governance tokens, fostering robust community involvement and long-term sustainability.

Platform Benefits

UFT holders enjoy a range of exclusive benefits while using the platform. These perks include priority access to new features and updates, lower transaction fees, and higher yields on selected liquidity pools. These incentives not only reward users for their engagement but also enhance their overall experience, making the platform more attractive and efficient for all participants.

Unlocking $UFT’s Potential: Our Journey Ahead

As we move to a new chapter in our journey, we’re thrilled to announce that UFT isn’t just a token — it’s a catalyst for innovation and community-driven progress. By leveraging UFT, users can actively participate in governance decisions, enjoy seamless cross-chain transactions, and access a unified payment method for dApps across multiple blockchains. UFT isn’t just a token — it’s a catalyst for innovation and community-driven progress, empowering users and developers to shape the future of decentralized finance. With incentives designed for liquidity providers and ecosystem participants, UFT is set to revolutionize the DeFi landscape, ensuring robust community engagement and efficient protocol development. Join us as we continue to push the boundaries of what’s possible in the blockchain world.