📣 Announcement Regarding the Deflation of UtilityNet's Native Token UNC and the Launch of the Scheduling Platform
📩 To all members of the UtilityNet community:
With the upcoming launch of the UtilityNet scheduling platform, in order to further optimize the token economic model and enhance the long-term value and ecosystem utility of the UNC token, the UtilityNet Foundation, after careful consideration, has decided to make significant adjustments to the UNC token issuance strategy. Specific details are as follows:
1️⃣ Core Adjustments
- Total Supply Adjustment (Reduction): The total supply of UNC tokens will be significantly reduced from the originally planned 10 billion to 3.3333 billion. This adjustment will be completed through a contract upgrade during the mainnet launch, and the contract address will remain unchanged.
- Circulating Supply Burning: Of the originally planned 500 million circulating tokens, the majority will be burned, resulting in a final circulating supply of 166.6 million. This measure aims to fundamentally increase the token's scarcity through a deflationary mechanism.
- Suspension of Production: Before the UtilityNet mainnet launch, UNC token mining and new token generation will be completely suspended to ensure a clean and stable economic model at the time of the mainnet launch.
2️⃣ Scheduling Platform Launch Date: June 15, 2026.
- Core Application: The native token UNC will officially become the platform's core fuel, fully applied to computing power scheduling and token resource scheduling scenarios, achieving a closed-loop ecosystem.
This adjustment aims to build a healthier, more deflationary economic system. Thank you for the continued support and trust of community members. Please stay tuned for subsequent technical updates released through official channels.
UtilityNet Foundation May 18, 2026
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