UXP Distribution

10M UXP will be distributed to Ura Phase 1 participants

UXP DAO is live. Stake and govern UXP DAO on Enterprise.

$UXP, a new DAO governance token will be introduced with a total supply of 10M. UXP DAO will be set up via Enterprise where $UXP holders can collectively decide the future of $URA token and Ura DEX.

95% of the total supply (9.5M) of liquid $URA tokens will be transferred to UXP DAO and governed by $UXP Holders. ($URA distribution)

• Claimable via Genie campaign

• $UXP allocation is pro rated based on every wallets’ XP amount which will be snapshotted at the end of Phase 1, on 15 May 2024. i.e. A wallet with 1% of total XP will receive 1% of the total supply of $UXP. There will be introduction of a new retroactive XP criteria, where 20% of the XP supply will be distributed based on the 180D time-weighted holding of the $URA token, accommodating for $URA token holders, who believed in the project, to also participate in governance.