Frequently Asked Questions
A stablecoin is a coin or token that is pegged to the value of an asset. USDT is a stablecoin example, as it is pegged to the US dollar. The Unity Coin (UNITY) is solely pegged to cryptocurrencies, with a focus on deflationary assets. Built with the Waves blockchain, it offers great scale, security, low cost, and instant transactions. All of that combined with diversification, we believe UNITY is practical and will be useful to a large audience who desire these features in a currency.
The Unity Platform consists of multiple parts. The Unity Coin is a stablecoin pegged to an index of cryptocurrencies. The rest of the platform includes the Unity Wallet, Unity Gateway, and Unity VIP…which all have their own features and functions. You can read more on our platform page.
The Unity Coin is a stablecoin pegged to a diversified index of crypto assets. The goal of the diversification is to hedge against volatility, while choosing positive assets to add overall value long term. This means that if any one asset is down, such as Bitcoin, the Unity Coin could gain in comparative value. Diversification is not perfect and gives no guarantee of what the future value could be. We ask that everyone reviews the historical results on our home page to help decide if Unity is right for you.