Introduction to Three Protocol
Three Protocol is leading the way in decentralised commerce, redefining how we transact in a Web3 world. Through innovative solutions like 3Pay, we provide seamless, no-KYC payments that prioritise privacy, security, and scalability. At Three Protocol, we are building the future of virtual debit cards, real-world e-commerce integration, and decentralised financial ecosystems.
The Grant Proposal: A Win for Both Ecosystems
This grant proposal outlines an exciting collaboration to integrate the $UNIT0 token into the 3Pay ecosystem.
Key Goals:
Expand $UNIT0's utility as a global payment currency.
Enable real-world applications such as no-KYC virtual debit cards and vouchers for platforms like Amazon, Steam, and Apple.
Introduce $UNIT0 for private cross-chain swaps and consolidated payments.
Allow merchants to accept $UNIT0 through Three Protocol's e-commerce solutions.
This partnership provides Units.Network with significant exposure by expanding $UNIT0's reach, while enriching 3Pay's functionality and adoption—a win-win for both ecosystems.
Proposal Highlights: Why This Integration Matters
1. Integration Development
One-third of the grant will fund the seamless integration of $UNIT0 into the 3Pay ecosystem:
On-Chain Payment Support: Adding $UNIT0 to 3Pay's infrastructure for seamless real-world transactions both in-store and online.
Multi-Swap Functionality: Enabling the use of $UNIT0 in 3Pay's multi-token swap system.
Custom Payment Features: Developing $UNIT0-specific utilities, such as rewards programs and fee discounts, to incentivise adoption.
2. Community Incentives for Early Adoption
To drive rapid adoption:
$UNIT0 Cashback Rewards: Direct payouts for users transacting with 3Pay.
Marketing and Staking Incentives: Engaging Key Opinion Leaders (KOLs) and the community to promote adoption and support.
3. Ecosystem and Market Support
One-third of the grant will strengthen $UNIT0’s market position:
Token Buyback: Regular buybacks of $UNIT0 and $THREE to enhance liquidity and support token value.
Community Airdrops: Rewards to incentivise active participation and expand $UNIT0’s adoption.
4. Program Parameters
Minimum Transaction Volume: Participants must transact at least $50 in $UNIT0 or $THREE to qualify for rewards.
Participation Period: Incentives, buybacks, and contributions will be tracked over a 3-month pilot period.
Fair Distribution: Rewards will be allocated proportionally based on transaction volume.
Why This Proposal is Transformative
Expanded Utility: $UNIT0 becomes a versatile token for decentralised payments.
Increased Adoption: Direct incentives drive more transactional activity, benefiting both ecosystems.
Market Stability: Buybacks ensure token value support, boosting confidence for holders.
Community Growth: Incentives and airdrops attract new users, broadening the ecosystem’s reach.
This proposal represents a significant step towards creating a more interconnected and resilient decentralised payment network.
How to Vote for and Support the Proposal
The proposal has been submitted to the Units.Network DAO for voting. Community members can log in to the Units DAO platform, review the full details, and cast their votes in support of this integration. Your participation is vital to the success of this initiative.
What is Units.Network?
Units.Network is a Layer 0 blockchain designed to simplify blockchain creation, governance, and interoperability. Built on the Waves ecosystem, it leverages a restaking mechanism for network security while maintaining token liquidity.
Key Features:
Interoperability: Enables seamless communication between blockchains without the need for traditional bridges.
Scalability: Supports EVM-compatible networks and integrates zero-knowledge (ZK) proofs for secure and efficient operations.
Decentralised Governance: Empowers participants to shape the network through a transparent, community-driven model.
DAO Incentives: Offers substantial rewards for projects achieving significant TVL milestones, fostering innovation and growth.
UNIT0 Tokenomics
The $UNIT0 token powers the Units.Network ecosystem, serving as the foundation for governance, transaction fees, and sidechain launches.
Key Allocations:
20% Ecosystem Growth: To expand new projects and liquidity.
10% Core Contributors: To support developers and advisors, aligning their interests with the long-term success of the platform.
Join the community
This proposal is a major step forward in advancing the real-world applications of $UNIT0 and boosting decentralised payments.
Join the Three Protocol community today to stay updated on this collaboration and be part of shaping the future of Web3 commerce!
👉 Join the Three Protocol Community