The Unibot team announced the UNISOL token on the Solana network

The developers of the cryptocurrency trading bot Unibot are planning to release the UNISOL token on the Solana network. It will be used to calculate rewards and strengthen the position of the trading application in the market.

According to the team's statement, UNISOL will be the project's native token on the Solana network. All UNIBOT token holders will receive 80% of the UNISOL supply. According to the developers, revenues from the protocol will be distributed between two pools. Both UNIBOT and UNISOL owners will be able to apply for awards.

According to the Dune Analytics platform, from May 2023 to January 2024, Unibot received 11,700 ETH in the form of commission.

The number of Unibot users is also showing steady growth. As of Jan. 29, the figure had reached 41,000, up from just over 2,000 at the end of June last year.

It should be noted that the average daily trading volume in the Unibot application is $5.5 million. It is significantly inferior to the decentralized exchange (DEX) Uniswap, whose figures fluctuate around $900 million. We previously reported that the Jupiter platform became the leader in trading volume among DEXs.

Source: https://incrypted.com/komanda-unibot-anonsirovala-token-unisol-v-seti-solana/