XT.COM Announcement on the Upcoming Listing of UNCT (Uncommon Token Classic)

Uncommon Sats (abbreviated as USats), as the first Sat in each block of Bitcoin, is extremely scarce, but due to its Indivisibility and Non-Fungibility, it is not easy to trade and circulate. To address this difficulty, we propose Uncommon Token (abbreviated as UToken, alias Diamond Token), a BRC20 token pegged to USats. Each UToken contains a certain number of USats. The value of UToken is endorsed by a vault, which contains USats for redeem. The exchange rate changes dynamically with market conditions and the total circulation of USats. The development goal of UToken is that their market value can completely anchor the market value of USats.
In our ecosystem, there are now two tokens, one is UNCT and the other is UTOK. UNCT is the meme coin of our community. It is mainly used to promote the Uncommon Sats culture, while UTOK is similar to a stablecoin, but it is anchored to Uncommon Sats.
UNCT was generated by a Fair Mint event. The project team and the community had to pay the gas fee to mint UNCT on the Bitcoin chain . The team originally planned to mint 40% tokens, but due to the enthusiasm of the community, only 13.73% tokens were mint. More than 5,000 inscriptions are obsolete. UNCT will also be used as a meme coin to forever commemorate this mint event, symbolizing the Fair Mint spirit of the Bitcoin ecosystem.

Website: https://linktr.ee/UncommonLabs