The UP-staking strategy directly distributes the UpDeFi protocol revenues to the UP token holders.
Users will receive UP token rewards when participating in the auto-compounding and yield-enhancing strategies. At the same time, the user will hand over some of the yields obtained in the two types of strategies to the UpDeFi protocol, and the UpDeFi protocol will distribute these revenues to UP tokens stakers.
This economic model design ensures the value of UP tokens, which can better motivate users to participate in the auto-compounding and yield-enhancing strategies on the UpDeFi platform.
The following are the detailed operations of a strategy:
User deposit: The user deposits the UP tokens into the strategy contract.
User withdrawal: Users can freely withdraw their UP tokens deposited and the other tokens awarded to users by the UpDeFi platform, at any time.