Manny Whill
2 min readJun 5, 2023

The Uroboros Token Update. ($URB)

As Uroboros DeFi-Ecosystem: Omnichain Wallet & DEX gets closer to making history in the DEFI ecosystem, it becomes necessary to inform the community of token updates that aim to provide additional information on token release in Q4 of 2023.
The $URB is the native token of the Uroboros DeFi-Ecosystem: Omnichain Wallet & DEX Omnichain Protocol, which is built on #LayerZero.

Uroboros DeFi-Ecosystem: Omnichain Wallet & DEX, a gasless wallet, and DEX with #MEV profit sharing.

With the Uroboros DeFi-Ecosystem: Omnichain Wallet & DEX wallet, you can trade, earn, store, and send crypto assets between blockchains without paying the gas fee or buying native #tokens.

Token utility:

  1. The Uroboros DeFi-Ecosystem: Omnichain Wallet & DEX token will serve as the primary governance access tool, enabling holders to cast votes and make the platform and ecosystem modifications.
  2. The $URB holding program will be put into effect, allowing token holders to deposit their tokens into a pool with various lock-up times in return for receiving stURB tokens.
    Depending on the pool they select, holders of the stURB tokens will earn variable degrees of voting power and income sharing in the #DAO.
  3. stURB token owners may qualify for commission savings based on the number of tokens in their wallets.
  4. Additionally, they will have access to special market-making deals that will let them recruit better market-making partners and collect higher provider commissions.

Read more about token updates and release at: https://medium.com/@uroborosdefi/urb-token-community-update-a264fd08f179

Join the uroboros exciting community at: https://discord.gg/zc2yfhvTu4

Manny Whill
Manny Whill

Written by Manny Whill

Blockchain adoption defines my passion, DeFi makes sense to me in all its representation, and I'm open to new adventure. (Content Writing, Community Management)

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