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Genesis sale
The genesis sale opens United Reserve. This page holds every genesis figure.
Genesis price by License number
Full sale of 3,000 Licenses: 2,800 ETH
| Phase | Licenses | Price per License |
|---|---|---|
| 1 | 1 to 500 | 0.8 ETH |
| 2 | 501 to 1,500 | 0.9 ETH |
| 3 | 1,501 to 3,000 | 1 ETH |
- 3,000 Genesis Licenses, offered in three phases by sale order, not by time or wallet.
- Each comes with its first Printer. Like every License, a Genesis License is soulbound.
- A purchase that crosses a phase boundary pays each License at its own phase price and shows one total. Licenses 499 to 501 cost 0.8 + 0.8 + 0.9 = 2.5 ETH.
3,000Genesis Licenses
2,800 ETHgenesis raise at a full sale
0.0000392 ETHopening price per UNITED
| Genesis raise at a full sale | 2,800 ETH: 500 x 0.8 + 1,000 x 0.9 + 1,500 x 1 |
| Genesis Printers | 3,000, one with every Genesis License |
| Genesis liquidity at a full sale | 1,960 ETH, paired with 50,000,000 UNITED, 5% of the cap |
| Opening price | 0.0000392 ETH, about 25,510 UNITED for 1 ETH |
Where the genesis ETH goes
| Full sale, 2,800 ETH | Share | ETH |
|---|---|---|
| Liquidity pool | 70% | 1,960 ETH |
| Contraction Vault | 14% | 392 ETH |
| Reserve Vault | 6% | 168 ETH |
| Team | 10% | 280 ETH |
- At a full sale, all 1,960 ETH seeds the pool against the 50,000,000 UNITED seed as protocol-owned liquidity. That sets the 0.0000392 ETH opening price.
After genesis
- Licenses sell in the License auction.
- The first License auction opens at 2 ETH, twice the 1 ETH floor.
Fixed forever
The genesis prices and the genesis supply never change. See What never changes.