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What is Unite?

The first algorithmic stablecoin on Harmony, pegged to the price of 1 ONE via seigniorage. The $UNITE algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Harmony network. The protocol's underlying mechanism dynamically adjusts $UNITE's supply, pushing its price up or down relative to the price of $ONE.

Full description of Unite

The first algorithmic stablecoin on Harmony, pegged to the price of 1 ONE via seigniorage. The $UNITE algorithmic Token (?) serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Harmony network. The protocol's underlying mechanism dynamically adjusts $UNITE's supply, pushing its price up or down relative to the price of $ONE.
  • Exchange symbol (?): UNITE
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS