Question 1

What is UniLayer (LAYER)?

Accepted Answer

UniLayer is a decentralized trading platform built on top of Uniswap, designed to provide advanced tools for professional traders. Using its utility token, LAYER, the platform offers features such as automated swaps, liquidity management, flash staking, real-time charts, analytics, and order books.

Question 2

What is UniLayer (LAYER) used for?

Accepted Answer

LAYER is the utility token of the UniLayer ecosystem. Holders can use it for staking to earn ETH rewards, gaining priority access to new projects on the UniLayer launchpad, and participating in automated swaps and liquidity management. The token also plays a role in governance decisions within the platform.

***Although 'LAYER' was the ticker assigned at the deployment of the UniLayer Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'UNIL' has been adopted for this token. This designation ensures that assets are distinctly identified.***