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Unibot Ignites the Telegram Bot Craze

Unibot Ignites the Telegram Bot Craze WikiBit 2023-08-17 18:51

Unibot Ignites the Telegram Bot Craze

Unibot: Simplifying On-Chain Interaction Experience

UniBot is a project that utilizes the Telegram platform to simplify the process of entering the world of DeFi (Decentralized Finance) for users through conversational interactions. Unibot generates three addresses for each Telegram user. Within the Telegram chat interface, users have the option to deposit ETH into their wallet address and proceed with interactions within DeFi protocols as outlined below.

Unibot employs two methods to generate revenue:

  • Charging a 1% Fee on Unibot Telegram Bot Transactions.

  • Implementing a 5% Tax on $Unibot Token Transactions: Transactions involving the $Unibot token incur a 5% tax, with 1% of the transaction volume allocated to $Unibot token holders. During the initial 90-day window, this distribution ratio is doubled.

  • Regarding the 1% fee collected from Unibot users, 40% of it is distributed to holders of the $UNIBOT token, while the remaining portion is allocated to the Unibot team and utilized for referral rewards. For the 5% tax on token transactions, 1% of the transaction volume is allocated to $UNIBOT token holders. This allocation proportion experiences a twofold increase within the initial 90-day period.

    With the growth in user numbers, Unibot's revenue has also been steadily increasing. As of today, Unibot has accumulated a total of 5739 $ETH in revenue. A significant portion of this revenue originates from the taxes levied on user transactions involving the $UNIBOT token.

    In the past three months, the price of the $UNIBOT token has surged by more than 200-fold, sparking a frenzy within the Telegram bot arena.

    While projects of the Telegram bot genre have garnered attention, their security has also come under scrutiny. This is due to the fact that users are required to deposit tokens into addresses provided by the bot, and the private keys are not retained by the users themselves.

    Exploring Other Telegram Bot Projects

    The core reason behind UniBot's widespread popularity lies in its optimization of users' on-chain experience and its utilization of an economic model to sustain ongoing engagement.

    Following the success of projects like UniBot, other types of Telegram Bots have gained attention. For instance, the Loot Bot, designed to assist users in automating interactions related to airdrops, has garnered significant interest. This bot aims to streamline the process of airdrop harvesting. Through automated bots, interactions spanning multiple EVM-compatible chains are conducted, enabling users to monitor airdrop claiming progress and mitigate potential “witch attacks.”

    Coingecko has compiled a comprehensive list of 83 projects within this series:

    Users can choose the appropriate bot based on their individual needs. It's crucial to exercise caution and carefully filter projects, paying special attention to ensuring the safety of funds before engaging with any specifi

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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