The UNITS DAO token is the UNITS protocol governance token, UNIT token holders will be the UNITS protocol decision makers.
Name: UNITS DAO
Total Supply: 1,000,000,000
The UNITS protocol invest the WBTC collaterals in major DeFi protocols which offer the best yields for WBTC.
The smart contract based algorithm will optimize and manage the investments.
The revenues are used as follows:
80% for buy back of the UNITS protocol governance token in order to distribute the profits to the UNIT token holders.
20% for Protocol expenses, marketing and partnerships.