Introducing
The Lab
The Lab
The Labs’ signature ecosystem application with some of the most innovative
and experimental features in the cryptocurrency world.
People in waitlist
Get notified when we launch
Portfolio Wallet
Understand the value of your assets easier than ever.
On The Lab, you can easily view the value of your cryptocurrencies and NFTs like never before. You can view it in a pie or price chart format. And see the value of your crypto and NFTs combined or separately. The choice is yours.
SWAP
Swap between your cryptocurrencies hassle-free and at the cheapest rates possible thanks to the largest DEX aggregator, 1-inch, built directly into The Lab. With access to 71 different exchanges, you are guaranteed the lowest rates possible.
Democratic Governance
Governance is the process of voting for changes on a blockchain currently in cryptocurrency. When people vote using the current governance model, it favours the biggest coin holders due to voting power being dictated by your stake in the coin. This causes a voting power imbalance and potential issues such as 51% attacks.
With UniGov’s democratic governance system built into The Lab, each individual gets a single wallet with a single vote. Each month The Lab will hold a session where users can create and vote for changes to the cryptocurrency. Once you vote for a proposition, you cannot vote for another during that session, and your vote will always count as 1 point, no matter your coin balance. This ensures fair and equal voting while increasing awareness and participation in governance processes.
Easy Transfers
Simplicity is the evolution of innovation…
At The Lab, we believe wallet addresses are a thing of the past. Due to this, we have implemented a system where each user gets a customisable username from which funds can be sent and received without the usual hassle of double-checking if the wallet address is correct.
Easy Earn
On The Lab, users will be able to watch 30-second advertisements, and for every advertisement, they are paid in cryptocurrency. Users can earn in $BNB, $Matic or $UGV. The advantage of this earning structure is that only three watches are required to withdraw funds compared to platforms like Slice The Pie, where thousands of surveys must be completed to actually withdraw the funds.
Smart Staking
Users will be able to stake supported POS coins on The Lab.
$UGV staking is available on The Lab with multiple options for the APY; the higher the APY, the longer the lockup period is. During the lockup period, users cannot transfer the coins put into the staking wallet. The more total coins staked, the lower the APY becomes.
The $UGV starting rates are:
Simple Buy
Users on The Lab will be able to buy $UGV, $BNB, $MATIC and $BNB using Apple Pay or Google Pay within seconds without the use of obnoxious traditional KYC.
FAQs
When the time is right.
The Lab will be available exclusively for waitlist members on launch. The Lab will roll out in batches for waitlist members. Members who sign up to the Lab first will be in earlier batches.
$ETH, $BNB, $MATIC and tokens and NFT’s on those chains are supported.
No, UniGov is an external project with the goal of introducing democratic governance to cryptocurrency. The Lab is simply integrating UniGov.
Yes! Unlike MetaMask and other competitors The Lab offers a tailored experience. Users can either choose to use their Web 2 information to sign up for ease of use or sign up using a 12 word seed phrase. The data that is shared can be adjusted in settings. A perfectly seamless experience, or complete privacy. The choice is yours.
On the Simple Buy section you are able to select the crypto you wish to purchase, you then type the amount of that crypto you wish to purchase and click buy. That’s it!
Depending on your device you will either have the option of Apple Pay or Google Pay
Unfortunately, we are more of crypto on-ramp rather than an exchange. If you wish to sell your crypto you are able to transfer your crypto to an exchange such as KuCoin or Binance which allows you to do so.
No! Thanks to our tiered onboarding system. Payments $500 and below do not require any documentation on your behalf.
For every advertisement, you watch you will be paid in our cryptocurrency $YCO. The amount earned will differentiate from day to day, but the amount earned per ad will be displayed on the Earn sections page within the application
After you successfully watch 3 advertisements the coins will appear in your account
No! Watch as many advertisements as you like with no limit on the amount you can earn.
Each advertisement lasts 30 seconds.
Upon account creation, you will be asked to create a customisable username. Once this is done you are able to receive all payments to this username on the platform. This works by linking this username to your wallet address in the back end. This simplifies the user experience so you will never have to see your wallet address if you don’t want to. Whenever you want to send out a payment simply type the persons username!
UGV peer to peer transfers done within the Lab are completely fee-less. However, you will still need to pay fees on transactions for other coins and tokens
You start by entering the number of coins you want to stake and the percentage yield you want to earn on it. You have three options, the higher the yield the longer the coins will be locked for. You will be able to claim rewards every week or so and once the lockup period ends the coins will be unlocked and sent back to your main wallet.
Yes, the percentage yield will drop in stages when certain thresholds of demand are met. These changes will be available to view in the application.
Yes, staking rewards will be in your wallet once claimed. Only your main stake can’t be withdrawn until the lockup period ends
To vote your account must be 1 month old and have $10 worth of $YCO. This is to ensure our voting system is filled with unique individuals rather than bots.
At the start of each month users are able to create proposals for 1 week. The following week is the voting period where users are able to vote for their favourite proposal, 3 days before the end of the month the results of the voting period are displayed
Yes, but if you vote for your own proposal, you will not be able to vote for another proposal during that voting period
Proposals will win if 51% of all users on the application vote for the proposal and that proposal gets the most votes within a voting period. Winning proposals get implemented all at the same time usually within a year’s time
Get in Touch
Fill out the form or contact us via email