UCT Token Lien Conversion Application

UCT Token Conversion with Commercial Lien & UCT Bill of Exchange

The form below and the attached Lien paperwork and UCT Bill of Exchange must be completed by the Lien Creditor.

Applications and/or paperwork originating from any other source/person/group will be rejected.

The specific Lien perfecting and exchange process (as described in the document below) must be followed correctly.

Each application will be considered on an individual basis and approval by UCT Treasury is not guaranteed.

The UCT Bill of Exchange must be completed with an amount in GBP £ for the total and final Lien amount as per Notice of Default (which, if approved, will be exchanged to and payable in UCT Token, less fees/donation, in phased tranches) – see below.

Once the UCT Bill of Exchange has been completed and signed by the Payee / Lien Creditor / SCT/FT representative on the bottom right, it must be scanned as one PDF file [of not more than 2MB], ready to upload via the application form below. Once received and if correct, UCT Treasurer will then sign it on the bottom left.

If your application is approved, you will be sent UCT Token to the value of ±20% of your Lien (as per UCT Bill of Exchange), at the exchange rate on the day of Lien conversion to UCT Token, less gas/exchange fees, and a suggested minimum donation to show your appreciation for the time, energy and resources it takes to make all of this happen.

The remaining ±80% of your Lien value in UCT Token will be staked/invested in UCT Token Liquidity Pools on your behalf, for a minimum of 180 days, after which you will receive a generous bonus, and you’ll be able to withdraw your share, or stake some or all of it for a further period to earn more bonuses [subject to you having used  your first share without contravening UCT Treaty].

Before you start completing the application form below, you need to have the following documents and information ready:

  • Contact details of the applicant.
  • All your Lien paperwork (only for completed/perfected Lien) combined into one PDF file of not more than 10MB in size.
  • One UCT Bill of Exchange completed with total value of your Lien, signed on bottom right and scanned as one PDF file of not more than 2MB size.
  • Wallet address of the applicant, correctly configured to Matic Mainnet and with UCT Token enabled to show.
  • If you have more than one Lien, you need to make a separate application for each Lien *

* Important note: We will process only ONE Lien per Lien Creditor for each Tranche. If you have submitted more than one Lien, your other Liens will be held over for future Tranches, and will be processed at the rate of one Lien per Tranche.

UCT Token Lien Conversion Application
Apply here to convert your Lien to UCT Token. Only one person should apply per Lien, and this should be the person who has perfected the Lien (Lien Creditor). Please complete all relevant fields.
Your name, as it appears on Lien paperwork.
Click or drag a file to this area to upload.
Please upload one PDF file with all your combined completed/perfected Lien paperwork [maximum size of the one file should not exceed 10MB].
Click or drag a file to this area to upload.
Upload ONE completed UCT Bill of Exchange, SIGNED by the applicant, to the total value of the Lien to be exchanged [one PDF file of maximum file size 2MB]. Note that while the UCT Bill of Exchange should include the total value of the Lien, if approved you will receive approximately 20% of the Lien value in UCT Token initially, with the remainder staked on your behalf in UCT Token Liquidity Pools for a minimum of 180 days, for which you'll earn a bonus. After 180 days, you will be eligible to withdraw the remainder, or stake some or all for further periods and earn more bonuses [subject to you having used your first share without contravening UCT Treaty].
Please enter GBP £ amount in digits only with no commas, spaces or symbols. This is the total Lien amount you are applying to exchange to UCT Token, and must match the amount on your signed Bill of Exchange. If approved, it will be payable in UCT Token and sent to your UCT Token wallet [Matic Mainnet enabled Metamask wallet], at the rate of exchange on the day of transfer, less gas/exchange fees, donation and any staking amounts.
UCT Token/UCT Cash wallet address [Matic Mainnet enabled Metamask wallet]. It is your responsibility to ensure it has been configured to Matic Mainnet, UCT Token has been enabled to show, and that this is the correct wallet address. See https://www.uct-token.org/tutorials-and-guides/
Your application is on condition that you understand and agree to the following points: 1. Universal Community Trust, UCT Treasury and their members/trustees/agents [hereafter referred to as UCT] are not responsible for any losses in UCT cryptocurrency tokens [UCT Token and UCT Cash] should you make any mistakes with any of your submitted details including your digital wallet address, and/or should you lose the password/seed phrase for your digital wallet, and/or when you transact with UCT cryptocurrency tokens after your receipt of them. 2. You acknowledge that there are inherent risks with cryptocurrency transactions and markets over which UCT has no control, which requires that you research cryptocurrency markets and concepts yourself, and use due diligence when transacting. 3. The conversion of your Lien/Bill of Exchange to UCT Token, and your receipt of UCT Token is subject to these funds being managed and used according to the principles and values of Natural Law as laid out within UCT Treaty (see https://www.universal-community-trust.org/uct-treaty-full/). UCT reserves the right to withdraw or demand back funding in full should we deem that these principles and values have not been adhered to. 4. Submission of your application does NOT guarantee conversion of your Lien/Bill of Exchange into UCT Token. UCT Treasury will notify you as to our decision once we've had time to consider your application. When a decision on your application has been made by UCT Treasury, the decision is final. 5. If your Lien/Bill of Exchange conversion to UCT Token is approved, you will receive approximately 20% of the Lien value in UCT Token initially, with the remainder staked on your behalf in UCT Token Liquidity Pools for a minimum of 180 days, for which you'll earn a bonus. After 180 days, you will be eligible to withdraw the remainder, or stake some or all for further periods and earn more bonuses [subject to you having used your first share without contravening UCT Treaty]. 6. Under the terms of this agreement you will continue to hold securely the original wet-inked signed paper Lien(s) in their entirety whilst acknowledging that UCT Treasury is the holder-in-due course of said documents and, as such, we may, at any time, request that you send them to us.