Uquid Coin (UQC) price

Uquid Coin (UQC) is an ERC-20 token on the Ethereum network. It is not the native coin of its own blockchain: the token exists as a smart contract on top of Ethereum and relies on that network for transfers and balance accounting. The catalog data includes no project description, website or code repository, so nothing can be reliably said here about what the token is for, which product it belongs to, or who is behind it.

How such a token works is set by Ethereum. The network runs on proof of stake (PoS), and fees for moving UQC are paid in ETH, not in UQC itself. The role the token plays inside the project (payments, discounts, governance, collateral) does not follow from the available facts, and it is best verified from primary sources rather than third-party aggregators.

Supply: about 10 million UQC are in circulation, and the total supply is about 40 million. No maximum supply is listed, and the model is not flagged as infinite. That leaves roughly three quarters of the total outside circulation. Typically this is a project reserve or tokens that are locked or not yet distributed, but the facts do not reveal the actual mechanism. For a holder, this means part of the supply could enter circulation later.

What to watch and the risks. The token was listed on CoinMarketCap in December 2017, but a listing date is not the project's launch date. The catalog shows no confirmed website or repository, which makes it hard to judge whether the project is still developed and whether the token has real use. It is worth checking who holds the bulk of the non-circulating tokens and on what schedule they could reach the market. Low-liquidity tokens from the lower part of the catalog commonly suffer from thin order books, wide spreads and dependence on one or two exchanges. This is reference material, not investment advice.