> For the complete documentation index, see [llms.txt](https://ubit.gitbook.io/ubit/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ubit.gitbook.io/ubit/token-plan/distribution.md).

# Distribution

UB is the core ecological token of Ubit and the only credential for user incentives and governance. Users can obtain UB through transaction mining, pledge mining, and direct purchase. Holding UB enables users to participate in IEOs in various ways, gain platform membership status, and enjoy the value growth of the platform's continuous repurchase of transaction fees.

The UB token has a total supply of 200 million tokens: 

<mark style="color:yellow;">**• Founding Team: 10%**</mark>&#x20;

10% at TGE, with the remainder locked for 2 years, unlocked equally every quarter.&#x20;

<mark style="color:yellow;">**• IEO: 2%**</mark>

30% at TGE, with the remaining tokens unlocked equally over three months. The IEO will be conducted on the IEO platform, with a valuation of 250 million USD and a fundraising amount of 5 million USD.

<mark style="color:yellow;">**• Financing: 25%**</mark>

Locked for 24 months, with the remaining tokens unlocked over the subsequent 6 quarters. Valued at 60 million USD.

<mark style="color:yellow;">**• Exchange Ecosystem Construction: 5%**</mark>

10% at TGE, with the remaining tokens unlocked equally every month over a year. This is to subsidize partnerships with transactional public chains, media, ranking websites, and other collaborators.

<mark style="color:yellow;">**• Market and Operation Support: 3%**</mark>

30% at TGE, with the remaining tokens unlocked equally every month over a year. These tokens are used for platform-subsidized trading competitions and other operational activities, and collaborations with communities, media, and KOLs.

<mark style="color:yellow;">**• Staking Mining Output: 18%**</mark>

Among which, single coin staking accounts for 6%, "Yu Bi Bao" for 10%, and invitation rewards for 2%.

<mark style="color:yellow;">**• Transaction Mining: 30%**</mark>&#x20;

First, let's note: During the transaction mining execution period, the platform will distribute 100% of the daily platform transaction fee dividends plus transaction mining UB output to trading users based on their trading volume.&#x20;

<mark style="color:yellow;">**• Ubit Lab: 2%**</mark>

Used for investing in/incubating projects that enter the platform's IEO reserve list using UB. 10% at TGE, with the remaining tokens unlocked equally every month over a year.

<mark style="color:yellow;">**• Security Risk Reserve: 5%**</mark>

Set aside to guard against platform risks and ensure user asset redemption. This reserve remains locked and will be unlocked when needed for platform redemption, such as compensation for theft or backend operational data errors.

Users can participate in the long-term development of Ubit through transaction mining and staking incentives, and can attain membership levels. To a certain extent, Ubit members are shareholders of the Ubit autonomous organization.