Universe is a lightning-quick and innovative Defi-as-a-service (DaaS) crypto protocol on the Avalanche network. This protocol boasts a passive income of up to 1,533% APR, allowing you to create planets in the form of NFTs.
Universe is the network’s first “node token,” which permits nodes to be transferred, purchased, or sold on the market. This functionality allows for unprecedented visibility and transparency, which the Universe team intends to maintain. In the future, a leaderboard will be unveiled displaying the top accounts, their planets, and their daily yield.
Inflation may be hitting the centralized markets, but Universe has taken the appropriate steps to curb any possibility of it tainting its investors’ galaxies. Instead of sending your tokens to the project owner when creating a planet, 100% of your tokens are burned. This action ensures that as the galaxy grows, inherently increasing the value of the $UNIV token due to scarcity.
The Universe protocol aligns with its founder’s values of providing more than just financial stability for its investors. They have partnered with one of the world’s greatest non-profits to bring their earth protocol to life. As a promise to fulfill this vision, 10% of all the fees collected will be allocated directly toward their philanthropic endeavors. This percentage will be increased by the end of the year. At present, Universe will be allocating its resources to trees and water projects. To ensure public accountability, all donations are made weekly or bi-weekly, with a receipt and on-chain proof of donation.
The contract was reworked from the ground up to focus on performance, security, dependability, and code clarity. Universe’s developers, all of whom have extensive expertise in development, security, and economics, guarantee the contract is sound. Their masterpiece is already open-source for investors’ peace of mind. In 2022, they plan to hire a known and competent group to complete an audit to demonstrate to their community that transparency and confidence in their protocol are of paramount importance.
One of the key lessons you can learn from the Universe team is the importance of quality in any program. Emulating the strengths of different protocols while addressing the issues they faced has been a key pillar to Universe’s success. Cattyverse, the founder and CEO of Universe, adds that they have created a protocol that serves as a doorway into the metaverse via NFTs, but they are still far from done.
“The lessons that people can learn from our protocol is that just because something is being done does not mean it can’t be improved. Innovation is key, and it is necessary for the advancement of our protocol and earth as a whole,” adds Cattyverse.
A highly ambitious team, their roadmap for the protocol presently stretches until the first quarter of 2023. Also, they intend to be more innovative and continually change according to the market and the community recommendations far beyond any time limits. The team is starting a journey with much emphasis on the environment. Part of the plan is to plant 10,000 trees by the end of 2022 as part of their philanthropic efforts, helping to create a greener planet.
The Universe protocol will also shoot for 100K holders and open the multiverse, allowing their holders’ planets to be transferred to another blockchain. The main goal for this protocol is the incorporation of their metaverse play-to-earn game, which will leverage the consumers’ planets to a whole new level.