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UBX - VDA Delegator Index Fund (Whitepaper 1.3 )
  • 👋Welcome to UmbrellaX Web 3.0 (UBX)
  • Overview
    • 💡Disclaimer
    • ✨Our Web3.0 Solutions & Services
  • Product Guides
    • 📪Decentralised Economy
    • 📎Understanding WEB 3.0 Projects
    • UmbrellaX (UBX) - VDA Index Fund Token Overview
      • LEGAL DISCLAIMER
      • INTRODUCTION
      • Fund Allocation & Categorization
      • EXECUTIVE SUMMARY
        • UBX -Delegator Liquid Staking Token
        • Page 1.2
        • THE INTERNET CORE FOR WEB 3.0
        • How the Internet & Web Mechanism Works ?
        • WEB 3.0 MARKET SIZE
        • Web 3.0 Blockchain Market
        • Challenges Faced by WEB 3.0 Users and Investors
        • Page 1..1
        • Page 1.2
        • UBX - Architecture
        • UBX -Delegator Token | Operation Mechanism
        • ICO FUNDS UTILIZATION
        • PROJECT TIMELINE
        • Team Behind UmbrellaX Web 3.0
        • UBX Tokenomics
        • PUBLIC AUDIT OF ICO FUNDS
        • Problems in Industry
        • REVENUE MODEL
        • UBX CORE VALUE
        • UBX BUYBACK PLAN
        • FUNDS USAGE
        • PROOF OF RESERVES PROCESS
  • Fundamentals
    • 🛠️Getting set up
      • 📝Setting permissions
      • 🧑Inviting Members
      • Page 2
  • Use Cases
    • 🎨For Designers
    • 🖥️For Developers
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  1. Product Guides
  2. UmbrellaX (UBX) - VDA Index Fund Token Overview
  3. EXECUTIVE SUMMARY

UBX BUYBACK PLAN

Every quarter, we will use 20% of our profits to buy back UBX and that will Boost UBX Price will indirectly benefits are Users and Investors. Until we buy 50% of all the UBX (200 mn) back. All buy-back transactions will be announced on the blockchain.

We eventually not used Burning of Tokens mechanism as it will destroy token Core of Value as Per our Strategies..

CENTRALIZED EXCHANGE

In the future, UBX will build a centralized exchange, where UBX will be used as one of the key base assets as well as gas to be spent.

UBX VESTING PLAN FOR THE TEAM

Initial Release : 5 % (5 MM)

After 1 year : 5 % (5 MM)

After 2 year : 5 % (5 MM)

After 3 year : 5 % (5 MM)

After 4 year : 5 % (5 MM)

PreviousUBX CORE VALUENextFUNDS USAGE

Last updated 9 months ago