United Founders Group

DeFi Innovation Platform on Robinhood Chain

UFG: 0xEfAb538Cf3C29237A47c6aFB145D50Ddf204A0A3

[United Founders Group @UFGDefi]

United Founders Group is a new DeFi platform on Robinhood chain dedicated to on-chain experimentation.

Our first token UFG will use creator fees to fund an ETH treasury. Holders can burn UFG for pro-rata ETH; a 2% exit fee remains in the treasury for holders who stay.

[United Founders Group @UFGDefi]

The first part of our platform flywheel continues to work as intended.

In 3 days, we have accumulated over 28.8 ETH ($69k) from trading fees within the UFG treasury.

United For Growth - United Founders Group

[United Founders Group @UFGDefi]

It's only been a few days, but the traction we have received here is nothing short of inspiring

We have had multiple builders reach out to us with ideas and a community who's enthusiasm is ever growing

As developments crystalize further, we will update accordingly

UFG, LFG 🏦

[United Founders Group @UFGDefi]

Tune in now to hear @defidave explain more about the vision of United Founders Group!

https://t.co/gN6vSL5t0D

[blocmates. @blocmates]

Robinhood Saved The Markets @defidave https://t.co/qRJzqn6j9P

[DeFi Dave @defidave]

Ever since I dropped my thesis multiple builders reached out to me to build revenue streams on top of @UFGDefi

Cooking to convene soon™️

[United Founders Group @UFGDefi]

Preparing to submit our request to CoinGecko for United Founders Group!

GeckoTerminal URL: https://t.co/o4grX12vXo

Request ID: CL0109260056

[United Founders Group @UFGDefi]

@0xrunn3r @defidave The website has been updated with a burn counter!

[United Founders Group @UFGDefi]

@0xrunn3r @defidave The website has been updated with a burn counter!

[United Founders Group @UFGDefi]

@AwuIndahouse Trading fees from the $UFG Uniswap V4 pools... that's how Pons Launchpad works!

[United Founders Group @UFGDefi]

A great write-up detailing our vision for on-chain De-Fi experimentation!

$UFG is just the start of our attempt to create experiments where holders can be rewarded in a real way for hodling their tokens.

[DeFi Dave @defidave]

The United Founders Group $UFG Thesis 🏛️

$UFG an onchain ETH treasury that pays you to hold via multiple revenue streams. It has the potential to be the $YFI of this cycle; it is truly novel in its mechanics yet simple in its design.

Each $UFG token is first and foremost 98% redeemable for ETH in its treasury. The other 2% is an exit fee that is sent back into the treasury, creating a permanent rising floor of the ETH in it. The $UFG treasury is an immutable contract that is not controlled by anyone.

Because of its tokenomics of having a fixed supply of 1 billion that burns $UFG every time that ETH is redeemed from the treasury, making the token deflationary. So now you inherently have this interesting conflux of ETH in the treasury perpetually increasing while $UFG supply constantly decreases.

The first revenue stream of $UFG are 100% of the creator fees from $UFG's own market on @ponsdotfamily. Anyone can call this contract to collect for the treasury and in the future, the contract can collect revenue streams from future products and primitives. And while many new tokens are pairing to untested onchain stocks, $UFG is pairing to the most tried and tested decentralized finance asset there is, ETH.

This comes to why I like $UFG so much. It is because it is fair. I believe that we are seeing a swing back to PvE this cycle where holding and contributing will be rewarded while paper hands will be punished. $PONS was the first to prove this, building a launchpad that rewards creators with fees and holders with buybacks. What launches like $UFG prove is that $PONS isn't just for memecoins but for real DeFi primitives looking to launch in a fair manner and those that build in this spirit will win.

On the roadmap, the next revenue stream is options with the first asset being tokenized-SPY exposure. How it works is there are two tokens, a "Buffer token" a which holds a 10% loss in exchange for a capped upside. The "Writer token" is the inverse, it posts the collateral that absorbs the losses and is only paid in the upside goes beyond the Buffer cap. Both tokens fund themselves purely from their own trading fees, take no deposits, and route a fixed share of fees to the $UFG treasury. There will be more information about this product soon.

I've talked to the founder and multiple holders of $UFG and its success really depends on the people. We have an incredible opportunity here to build something that is in the spirit of DeFi but it can only happen if people believe that a better future is possible.

The flywheel is already in motion; more products -> more revenue streams -> more ETH accumulation -> more proving the power of DeFi, but to get it into turbo drive it can't be done alone. Not by me. Not by you. Not by any single person. It will have to be a group effort.

It is early and yes there are risks, but if you're reading and made it this fair there must be something within you that wants to take a chance.

The time has come to return to tradition. The time has come to return to PvE. The time has come for $UFG 🏛️

@UFGDefi

https://t.co/17UoZz9ZnA

[United Founders Group @UFGDefi]

@0xrunn3r @defidave I suppose we could add to the website...

[United Founders Group @UFGDefi]

@0xrunn3r @defidave Check this address and filter by token:

0x000000000000000000000000000000000000dEaD

Alternatively check the treasury address and look at the "Redeem" transactions:

0xc7220C3004662ef3942aef43452893086b9D6fB5

Looks like only 100K have been burned so far...

[DeFi Dave @defidave]

The United Founders Group $UFG Thesis 🏛️

$UFG an onchain ETH treasury that pays you to hold via multiple revenue streams. It has the potential to be the $YFI of this cycle; it is truly novel in its mechanics yet simple in its design.

Each $UFG token is first and foremost 98% redeemable for ETH in its treasury. The other 2% is an exit fee that is sent back into the treasury, creating a permanent rising floor of the ETH in it. The $UFG treasury is an immutable contract that is not controlled by anyone.

Because of its tokenomics of having a fixed supply of 1 billion that burns $UFG every time that ETH is redeemed from the treasury, making the token deflationary. So now you inherently have this interesting conflux of ETH in the treasury perpetually increasing while $UFG supply constantly decreases.

The first revenue stream of $UFG are 100% of the creator fees from $UFG's own market on @ponsdotfamily. Anyone can call this contract to collect for the treasury and in the future, the contract can collect revenue streams from future products and primitives. And while many new tokens are pairing to untested onchain stocks, $UFG is pairing to the most tried and tested decentralized finance asset there is, ETH.

This comes to why I like $UFG so much. It is because it is fair. I believe that we are seeing a swing back to PvE this cycle where holding and contributing will be rewarded while paper hands will be punished. $PONS was the first to prove this, building a launchpad that rewards creators with fees and holders with buybacks. What launches like $UFG prove is that $PONS isn't just for memecoins but for real DeFi primitives looking to launch in a fair manner and those that build in this spirit will win.

On the roadmap, the next revenue stream is options with the first asset being tokenized-SPY exposure. How it works is there are two tokens, a "Buffer token" a which holds a 10% loss in exchange for a capped upside. The "Writer token" is the inverse, it posts the collateral that absorbs the losses and is only paid in the upside goes beyond the Buffer cap. Both tokens fund themselves purely from their own trading fees, take no deposits, and route a fixed share of fees to the $UFG treasury. There will be more information about this product soon.

I've talked to the founder and multiple holders of $UFG and its success really depends on the people. We have an incredible opportunity here to build something that is in the spirit of DeFi but it can only happen if people believe that a better future is possible.

The flywheel is already in motion; more products -> more revenue streams -> more ETH accumulation -> more proving the power of DeFi, but to get it into turbo drive it can't be done alone. Not by me. Not by you. Not by any single person. It will have to be a group effort.

It is early and yes there are risks, but if you're reading and made it this fair there must be something within you that wants to take a chance.

The time has come to return to tradition. The time has come to return to PvE. The time has come for $UFG 🏛️

@UFGDefi

https://t.co/17UoZz9ZnA

[United Founders Group @UFGDefi]

What is $UFG?

$UFG is the first treasury in a broader on-chain treasury platform.

It begins with a deliberately simple model: creator fees flow into a transparent ETH treasury that $UFG holders can redeem against. When users redeem, they redeem for their pro-rata share of the ETH treasury and are charged an exit fee of 2%.

This exit fee makes it so the amount of ETH backing the remaining tokens never declines.

The platform is intended to expand with additional experiments using innovative, clearly disclosed strategies, while $UFG itself acts as the platform treasury for holders and early adopters, being governed by the fixed rules of its contract.

[United Founders Group @UFGDefi]

UFG - YOU get PAID to HOLD!!

[United Founders Group @UFGDefi]

jk jk but if...?

[United Founders Group @UFGDefi]

Over 3 ETH in the POT :O

Ready for holders to redeem... at their pro-rate share.

But remember... the more you wait, the more ETH per token you shall receive when you withdraw!!

$UFG

[United Founders Group @UFGDefi]

1 ETH = 1 UFG in the future!!

[United Founders Group @UFGDefi]

@King_Memento @defidave This is not a normal coin - each coin is backed by an ETH treasury

Why would you sell when you can hold your UFG until the backing in ETH per UFG rises higher?

[United Founders Group @UFGDefi]

@defidave @King_Memento Not bundled - and frankly had very few holders until the afternoon!