Tokenomics

UpDeFi is a fair launch project with no pre-sale, no investor, and no pre-mine. Only participants who contribute to the UpDeFi protocol will receive UP tokens based on their contributions.

Token Information

Name: UP Token

Ticker: UP

Contract Address: 0xbAc79E308BadA146DE29f56E066a021cfFA00375

Chain: BNB Smart Chain (BEP-20)

Total Supply: 1 Billion

What can you do with UP Token?

Governance

The UpDeFi protocol will be governed by the UpDeFi DAO. Users need to hold and lock UP Tokens to participate in the UpDeFi DAO.

Revenue Sharing

UpDeFi allocates 90% of the protocol revenue to UP token holders. UP token holders only need to stake UP tokens on the UpDeFi platform to participate in the UP-staking strategies and obtain protocol revenues.

Token Distribution

UpDeFi is a fair launch project with no pre-sale, no investor, and no pre-mine. Only participants who contribute to the UpDeFi protocol will receive UP tokens based on their contributions.

Category	Percentage
Fair Launch Distribution (Liquidity Mining, Airdrops, etc.)	78%
DAO treasury (Security audits, Marketing, Partnerships, Market Making, etc.)	15%
Team (Research and development, team expansion, etc.)	5%
IDO	2%

Team tokens vesting schedule: Vesting starts after 3 months from IDO. 1/24 of the total share will be unlocked every month for 24 consecutive months.

Fair Launch Tokens Distribution

78% of the total supply of UP tokens will be distributed through our fair launch. The distribution period will last the duration of 2 years. In order to entice users to engage in the UpDeFi protocol as early as possible, the distribution of UP tokens will gradually decrease within the 2 year period, in other words, the earlier a user participates in the UpDeFi protocol, the more rewards they can get.

Below is the distribution schedule for the UP Fair Launch Tokens:

Period	UP Token Distribution %
March-22	11.4%
April-22	10.3%
May-22	8.3%
June-22	7.2%
July-22	4.1%
August-22	4.1%
September-22	3.1%
October-22	3.1%
November-22	3.1%
December-22	2.6%
January-23	2.6%
February-23	2.6%
March-23	2.1%
April-23	2.1%
May-23	2.1%
June-23	1.5%
July-23	1.5%
August-23	1.5%
September-23	1.0%
October-23	1.0%
November-23	1.0%
December-23	0.5%
January-24	0.5%
February-24	0.5%
*May be adjusted according to the development of the project.