Garzik has plans to “build a better Tether” by using the UB reserve, funded by coins reclaimed from “inactive” addresses. According to the project, 70 percent of confiscated UB coins will be held as collateral to issue stable tokens pegged to a fiat currency.
“The UB reserve can be used as a backing asset for a stable, non-volatile currency,” said Garzik. “This is auditable and transparent and on the blockchain. It will be over-collateralized, 200–300% to maintain the stability even in the face of a volatile price of the reserve.”
The remaining 30 percent of the confiscated coins will support another new feature: owners of QTUM, H-shares and ether will receive a share of the remaining redistributed UB.
UB is experimenting with a new model: engage multiple communities — ETH, Qtum — rather than following the tired model of rewarding Bitcoin maximalists with a coin they dislike and will just dump on day 1.
According to Garzik, the specific claim process for the redistribution of UB has yet to be determined. “The UB board is still being put in place — things are moving very fast — and this will include more specifics on governance and community allocations.”
The scheduled timeline of what has been released and what is coming breaks down as follows:
팩트 요약 : 분배 비율은 아직 정해지지 않았습니다. Qtum 지급합니다.
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