Ubiq
Search…
Odin
The Basics
An introduction to Ubiq
Nucleus
Monetary Policy
Social Media
FAQ
Wallets
Official Wallets
Third Party Wallets
Hardware Wallets
User Guides
Trezor
Ledger
MetaMask
Single-Board Nodes
Deploy an ERC-20
Governance
The Escher System
ESCH Airdrop Overview
ESCH Airdrop Details
UIPs
Infrastructure & Utilities
Mining
Nodes
Block Explorer
Developer Portal
Github Repositories
Octano d0x
Supply API
Remix IDE
Solidity
DAPPS
Enmaku
NFT's
Redshift
Shinobi
Terminology
Glossary
Branding Resources
Conventions
Chromatics
Font
InfoGraphics
Powered By GitBook
The Escher System
Ubiq's governance token.
Ubiq separates the utility of its network into distinct roles.
While UBQ is used as the value vehicle of the Ubiq network which rewards Proof of Work and funds computational processing, it is not used as criteria for governance.
One may even hold a large percentage of the total supply of UBQ, yet hold no direct influence on proposed changes to the network.
In order to vote in the Ubiq system, one must have a balance of ESCH tokens.
ESCH tokens were distributed to the community through a series of airdrops, which required participants holding a UBQ balance ( in a wallet to which the user controlled the private key ) to interact with a smart contract in order to be allocated ESCH.
​
User Guides - Previous
Deploy an ERC-20
Next
ESCH Airdrop Overview
Last modified 6mo ago
Copy link