PTX
Student fund
₦400 000 collateral → 1 000 UC minted → monthly tuition auto-releases when “Grade OK” oracle passes.
How Unity Coin Works
The collateral-backed, integrity-scored token that settles every Spiral flow in two seconds.
Unity Coin (UC) is the common currency for PTX (personal), ETX (enterprise), and ATX (governance) treasuries. Each coin is 100% collateral-backed and carries its own integrity metadata, so value moves quickly and remains auditable.
1. The Five-Step Flow
| Step | What happens | Time-to-finality |
|---|---|---|
| 1 — Deposit collateral | A PTX/ETX/ATX treasury sends fiat or stable-crypto to FSBQ. | Bank / chain speed |
| 2 — SKAAOT rule check | Node identity, integrity score, and mint allowance are auto-verified. | < 1 s |
| 3 — Mint Unity Coin | A signed Action Ticket reaches the SK-L2 ledger; UC is created 1 : 1 with collateral value. | 2 s (1 block) |
| 4 — Spend & transfer | UC moves between wallets with Node-UID hashes and rule metadata attached. | 2 s |
| 5 — Redeem & burn | UC returns to the treasury, is burned, and collateral is released (-0.25% exit fee). | 2 s + bank rails |
Integrity layer: If drift, duplicate hashes, or forged tickets appear, SKAAOT triggers an auto-freeze for review.
2. Why Unity Coin Beats “Just Use Fiat / USDT”
| Legacy rails pain | Unity Coin fix |
|---|---|
| FX limits, multi-day cross-border transfers | 2-second on-chain settlement |
| No governance context baked into money | Integrity metadata in every tx |
| Fragmented audits across currencies | Single token, one dashboard |
| Easy to launder or mimic | Node-UID + fidelity score on chain; auto-freeze on anomalies |
3. Collateral & Network Facts
Reserve basket
50% USD stablecoin, 25% NGN cash, 25% mission assets
Audits
Weekly attestations posted on chain as ReserveCheckpoint
Consensus
dPoS — 11 Spiral-Anchor validators
Network economics
Block time: 2 s • Tx fee: 0.05 UC (re-cycled to validators)
Exit fee: 0.25% → feeds the Integrity Reserve for slashing & incident recovery
4. Everyday Examples
ETX
Vendor payout
NGO mints $10 000 in UC → pays five vendors; receipt hashes link to each tx.
ATX
Public grant
Council disburses 50 000 UC; citizens audit spending in real-time from the chain explorer.
5. Quick FAQ
Is Unity Coin a stablecoin?
It’s fully collateral-backed but tracks a basket (USD stable, NGN cash, mission assets) rather than a 1:1 USD peg.
How do I mint UC?
Deposit collateral in an FSBQ treasury → pass SKAAOT rule checks → UC mints automatically.
Why the 0.25% exit fee?
It funds the Integrity Reserve and discourages rapid in-out churn that can stress liquidity.
What stops misuse?
Node-UID hashes, integrity scores, validator slashing, auto-freeze protocols, and weekly reserve audits.