TechUSD (TUD): Empowering Multichain Innovation
At USDTechnology, we’re committed to making TechUSD (TUD) the cornerstone of a truly multichain ecosystem. By dedicating 40% of the total token supply (400 million TUD), we aim to expand seamlessly across blockchains while reinforcing token scarcity through innovative mechanisms.
Multichain Strategy Overview
40% of Total Supply Dedicated to Multichain Expansion
400 million TUD tokens have been allocated for our multichain strategy, ensuring liquidity, sustainability, and interoperability across chains.
Distribution:
380 million TUD are reserved for deflationary burns across multiple chains, at a rate of 20 million per chain.
20 million TUD are earmarked for bridging support, providing liquidity and stability for interchain transactions.
Burn Mechanism Example: BNB Chain
To expand TechUSD into new blockchains, tokens are removed from circulation on the originating chain. For example:
As we launch TechUSD on Cronos Network (CRO) as a native deflationary token, 20 million TUD will be permanently sent to a dead wallet on the BNB Chain.
The dead wallet address ensures these tokens are forever out of circulation:
BNB Chain Dead Wallet: 0x000000000000000000000000000000000000dEaD
Native Token Creation Example: Cronos
On Cronos, TechUSD (TUD) has been launched as a native token with deflationary mechanics and reward structures, aligning with the principles of scarcity and utility.
Simplified Multichain Expansion
TechUSD (TUD) is built with a clear and efficient multichain strategy, designed to ensure seamless scalability and interoperability across blockchain networks.
For every new chain we expand to:
Burning for Scarcity: To reinforce scarcity, 20 million TUD are permanently sent to a dead wallet on the originating chain, ensuring that the total circulating supply decreases with each expansion.
Native TUD Token Deployment: A TechUSD token is created directly on the new blockchain, tailored to its specific features and ecosystem.
Bridge Support: An additional 20 million TUD are allocated to support cross-chain bridges, enabling secure and efficient interoperability.
This approach guarantees that TechUSD remains the central and trusted token across all supported networks, enhancing its value and usability for the community.
Why This Matters
Reduced Circulating Supply: With every TUD launch on a new blockchain, 20 million TUD are permanently removed from circulation through the burning of LP Tokens. This scarcity increases the value of the token over time.
Ecosystem Expansion: This system allows TUD to integrate seamlessly into new blockchains like Ethereum, Solana, or Arbitrum, creating a robust and interconnected multichain ecosystem.
Interoperability: By dedicating tokens for bridging, we facilitate seamless interactions between chains, unlocking the full potential of a multichain ecosystem.
Simplicity & Transparency: Eliminating unnecessary complex operations ensures a straightforward, community-friendly approach.
The Road Ahead
TechUSD’s expansion across multiple blockchains is just the beginning. By leveraging innovative mechanisms and collaborating with top-tier ecosystems like Cronos, we’re building a future where TechUSD bridges decentralized finance (DeFi) opportunities across networks.
Stay tuned as we burn 20 million TUD on the BNB Chain and launch on new chains, bringing TechUSD closer to becoming a truly multichain powerhouse.