Ustablecoins is the multi-currency pegged stablecoins,such as UUSD, UEUR, UAUD,etc.
It is scalable, fully collateral-backed by underlying assest.
At any time it can be redeemed against the underlying collateral at face value.
UC is governance token, it is critical to the decentralization of the Utopia protocol, it is deflationary.
Holding UC can participate in community governance, on-chain voting, accelerate incentives, and obtain fee revenue generated by Utopia protocol itself.
The Ustablecoins is a collateral-backed cryptocurrency whose value is stable relative to the multi-currency,for example,1 uUSD relative to 1 USD. We believe that stable digital assets like uStablecoins are essential to realizing the full potential of blockchain technology.
Utopia enables anyone to leverage their assets to generate Ustablecoins on the Utopia protocol. Once generated, Ustablecoins can be used in the same manner as any other cryptocurrency: it can be freely sent to others, used as payments for goods and services, or held as long term savings.
Utopia will support LP token of WBTC- ETH, ETH-USDC, ETH-USDT, ETH-DAI,USDT-UUSD.
Utopia will support token of WBTC, WETH, USDC, USDT, DAI, UNI.
You can get lastest information from Announcement.
On the early of May, Utopia protocol will be launch.