- Summary:
- Crypto funding pool platform, Cryptounit, has announced that it will list its utility token, CRU on LBank Exchange. Why does it matter?
Cryptounit Inc has announced that it will be listing its native token, CRU, on LBank Exchange on March 30th, 2022. The token will trade as CRU/USDT pair from 18:00 (UTC+8). The listing marks a major step in Cryptounit’s journey to helping its users participate in profitable blockchain-related income-generating projects.
The company primarily uses the UNTB token to reward CRU holders who stake their assets in project funding pools. Additionally, the CRU token enables various blockchain startups to receive funding from Cryptounit. In exchange, the beneficiaries must lock their assets for a specified time and meet their obligations per the specified project roadmap.
The other use case for the CRU token includes incentivizing potential investors by giving them special discounts if they hold the token. Therefore, investors interested in projects funded through Cryptounit typically want to own CRU. Also, CRU users can convert them to other cryptos, trade them on exchanges or stake them to earn UNTB. Furthermore, for CRU holders, the LBank exchange listing also presents an excellent opportunity for them to leverage arbitrage opportunities that will present themselves in the crypto market. Also, such opportunities could potentially attract more investors to the token.
About Cryptounit
Cryptounit is a crypto-centric funding platform for blockchain projects. It operates on the EOS network using Delegated Proof-of-Stake protocol. Also, Crypto unit has low latency, high transaction speeds and charges zero transaction fees. It has employed 21 validators who participate in the creation of a new block every 0.5 seconds.
Cryptounit is highly scalable and enables users to create their own blockchain tokens and run their own dApps. Notably, users can list these tokens on Unitex and Global Unit Pay.
The platform supports all kinds of dApps, including GameFi, NFTs, DeFi and metaverse dApps. CRU is Cryptounit’s utility token that enables projects on the platform to receive funding. Ultimately, Cryptounit is on a mission to facilitating the crypto community to earn a decent income by funding high-potential projects.