Clarity on the UNC block explorer
Hi all,
I would like to shed some light on the block explorer and our trust network as there seems to be some confusion especially involving the 100k unc required for the block explorer.
We are building two parts to the explorer, there is the LIVE block explorer for uniswap that shows you new listings in real-time requiring 100k UNC, (this amount will decrease as our mcap and the UNC price increases), and there is the token list populated by our API (think coingecko or CMC).
The live block explorer allows you to find new uniswap listings instantly as they are listed. Now this is incredibly risky, but also incredibly rewarding in some cases. Initial investors in some tokens have made up to 50x in a week, and many times you can also lose everything on a scam. For this reason we are requiring 100k UNC to use the live block explorer. We need level headed people using this.
The trust network and decentralised coin listing part of our explorer is free for everyone to use, you do not need to hold UNC for this. All tokens that lock their liquidity will be listed here with a trust score for all to see. Again, every token using our POL DAPP will be listed for all to see, for free.
Also, in the spirit of decentralisation, ANYONE can list any pair themselves (like adding a custom token to your wallet). Once anyone adds a token to the list, it is there for everyone to see for free.
So why this split approach?
For one, by separating these two areas we keep our main list of tokens for all to see, clean, and free of the dozens of daily listed uniswap scams. Secondly, it is obviously in rare cases profitable to be among the first to find a new token before everyone on twitter starts shilling it. Until our explorer, you’d have to wait for a group of twitter shillers to find a token and shill it once its already up 10–20x. Now you can find them for yourself before everyone gets in. This can be profitable, and for this we are requiring holding 100k UNC.
These rates can be changed of course. If you feel there is a better tokenomic, feel free to discuss it on the comments on twitter to this post, or in our telegram / discord.
Finally, the POL DAPP on the mainnetwork is coming this week, and then we can start building more features into these explorers. Feel free to give us recommendations on what you’d love to see in them!
Mark — UNC
