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Splitting 2.0: What Makes It Unique and What You Need to Know | Ultima - English

Splitting 2.0: What Makes It Unique and What You Need to Know

Splitting 2.0 is a special pool for the buyback of splits. This blockchain technology allows only participants of the PREMIUM pool to return the spent liquidity at any moment. Thus, if a user wants to exit the pool and get back the spent liquidity, they can do so by returning their PREMIUM splits to the pool.

Important to know:

In Splitting 2.0, you work with two types of pools: the delegated liquidity pool — the Premium pool, and the Buyback pool, or the pool for the buyback of splits.

The Premium pool allows you to get rewards, while the buyback pool gives the user the opportunity to return the splits to the pool at any time and get back the liquidity provided to them in ULTIMA.

To retrieve an amount equal to the value of your splits, you need to return exactly as many splits as were issued to you. For example, if you received 1 + 3 splits in a promo, you need to return 4 splits.

Payments will be made in 12 installments in ULTIMA at the current exchange rate.

Only the user whose account was used to purchase the Premium splits can return the splits to the buyback pool. This helps prevent potential unauthorized actions.

Splitting 2.0 is a unique blockchain development. Specifically, the PREMIUM pool is connected to this technology, allowing each user to manage their digital assets as they need and to return the PREMIUM splits at any time with just a few clicks!