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.
Name: UP Token
Ticker: UP
Contract Address: 0xbAc79E308BadA146DE29f56E066a021cfFA00375
Chain: BNB Smart Chain (BEP-20)
Total Supply: 1 Billion
The UpDeFi protocol will be governed by the UpDeFi DAO. Users need to hold and lock UP Tokens to participate in the UpDeFi DAO.
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.
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.
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. | |
Last modified 1yr ago