IADD Network
The IADD Network introduces a unique pricing unit in monetary history: the UTO (uToken), paired with each Smart Common's exclusive Valuation Token (VT) to form a liquidity pool. Over time, this builds a decentralized trading network.
Price Primitive: UTO
Unit of Price: Vita
i.e., 1 UTO ≡ 1 Vita
Exchange Types
ETH to UTO
ETH to any Valuation Token
UTO to any Valuation Token
Any Valuation Token to UTO
Any Valuation Token to another Valuation Token
Valuation Token's Price
The price of Valuation Tokens is expressed in Vita.
Authorization Management
Users may need up to two authorizations:
- Authorize UTO to the IADD Network.
- Authorize all Valuation Tokens to the IADD Network.
Users can cancel these authorizations anytime in "My Wallet".