ArchethicPrice

(UCO)

Archethic is a Layer 1 blockchain launched in December 2022, designed to replace the current internet with a secure, decentralized version. In May 2025, the project underwent a "reboot," transitioning into a fully open-source, community-driven initiative. A new team took over to stabilize the UCO token ecosystem and promote its unique biometric technology. This transition marks the project's shift toward decentralized governance, allowing the community to lead the development and promotion of its secure internet infrastructure.

Unlike traditional crypto wallets that require complex seed phrases, Archethic’s "Seedless" Biometric Cold Wallet uses fingerprints or vein recognition to access funds. This technology links a user's biological identity directly to their assets. While the first version focuses on fingerprints for manufacturing feasibility, the goal is to eliminate the risk of lost or stolen passwords. By integrating biometrics with the ARCH consensus, the system ensures that only the rightful owner can authorize transactions, providing a more user-friendly and secure alternative to traditional private key management.

UCO is the native liquid utility token used for transaction fees and staking within the Archethic ecosystem. In contrast, veUCO (vote-escrowed UCO) is earned by locking UCO tokens for a period of time. Holding veUCO provides users with voting power in the project’s DAO, enabling them to participate in "Proof of Humanity" governance. While UCO offers liquidity, veUCO is designed for those who want a say in the protocol's future. This dual-token structure balances immediate utility with long-term community-led governance.

ARCH Consensus (Atomic Rotating Cloud Hierarchical) is Archethic's alternative to traditional Proof of Work or Proof of Stake models. It is designed to achieve over 10,000 transactions per second (TPS) while maintaining high security. The mechanism works by dynamically rotating validation nodes, which prevents centralization and reduces the energy consumption typical of older blockchains. This allows the network to handle high-volume traffic for a decentralized internet while keeping transaction fees low and stable for all users.

Archethic employs a "Buy and Burn" mechanism to manage token supply and support the ecosystem. Specifically, 15% of the revenue from every biometric cold wallet sold is used to purchase UCO tokens from the open market. These tokens are then permanently burned, removing them from the circulating supply. This process creates a direct link between the project's hardware adoption and the utility of the UCO token, ensuring that the growth of the biometric security business contributes to the overall health of the token economy.

Users holding older versions of UCO tokens on different chains can migrate them to the native Archethic mainnet, typically at a 1:1 ratio. This migration ensures users are on the most secure and up-to-date version of the protocol. UCO is available for trading on several decentralized platforms and centralized exchanges, such as LBank. The project is also working toward further integration with other major global trading platforms to support the native UCO mainnet, making it easier for participants to move assets across the ecosystem.