Frequently Asked Questions
The assets that are in the created trusts can be placed on intra-trust staking, which brings monthly returns so the trust creators do not lose time and income.
If the user is worried that keys to access own funds can be forgotten or lost, he may simply set up a Trust with special conditions that will prevent any dismay regarding his funds.
If you are concerned that your heirs won’t manage your assets responsibly, then you may simply set up conditions for your trust, according to which your heirs won’t have access to your funds but only get payouts according to your conditions.
Users can alter existing Trust as many times as they want or create a new Trust contract.
UBD Network is a smart contract that has no jurisdiction. Users are not threatened by information disclosure, inheritance denial, or any other human and political factors. But since the territory in which you as a user reside or are a citizen of a country may set rules for the usage of digital products, you further agree to comply with any applicable laws and regulations when using UBD Network. This includes any local, provincial, state, federal, national, or international laws that may apply to you.
If you share the values of any organizations you follow, you can create a charitable Trust with or without income, so the funds will be sent monthly or quarterly, or in any other period that you determine yourself, to selected organizations. This feature is also available when creating a Trust, namely, in the Trust Contract Builder, where you can determine what percentage of your staking or deposit payments you want to send to such organizations on a recurring basis.
UBD Network DeTrust System is a chain of interacting smart contracts that allows users to create digital trusts to manage funds with completely different scenarios that they choose.
United Blockchain Dollar, an algorithmic stablecoin pegged to the US dollar and also backed by BTC, ETH & stablecoins USDT and DAI, that form the Attractor Reserve.
Utility token, which allows its owners to support the ecosystem, become Keepers and participate in Epochs to receive monthly income in UBD.
UBDN holder of the required amount to participate in Epochs, and also the one who maintains the UBD Network infrastructure.
A consecutive 30-day period in which UBDN holders, also known as Keepers, participate to generate income.
A consecutive period that lasts while the market is absorbing 1 000 000 UBDN.
A period that includes a certain number of rounds before the Halving occurs.
Special process of reducing the required amount of UBDN for Keepers to participate in Epochs.
An independent ecosystem that cannot be changed or reconfigured. Consists of three independently functioning elements: Sandbox 1, Treasury and Sandbox 2, which are on public display 24/7.