UPFI Network

UPFI Network

Created using Figma
UPFI – Stablecoin partially backed by collateral and partially stabilized algorithmically
  • Pasar
    Pasangan
    Harga
    Volume 24H
    24 jam (harga)
    24 jam (volume)
  • LBank
    UPS/USDT % hitung% bulan lalu
    $ 0.0002
    $ 100.133 K
    0.14%
    -0.82%
To be announced
Detail Token
Jantung
UPS
detil tambahan
Kategori
Peron

Tentang UPFI Network

UPFI Network, the fractional-algorithmic stablecoin protocol on Solana, has completed its funding round, raising more 2 million USD in Seed Round and Private Round, Public sale. This round of fundraising has attracted several prestigious investors, backers and community partners worldwide. UPFI Network currently has more than 110,000 followers on social media channels.

UPFI Network has reached an impressive milestone by winning the 1st prize at Solana Season Hackathon - Nation Vietnam.

UPFI Network is the unique fractional-algorithmic stablecoin protocol. UPFI Protocol's final goal is to provide stable, highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets. This stablecoin protocol should help to overcome the risks and restrictions that previous stablecoins have, by providing the 2 tokens - system: UPFI and UPS. Whereas, UPFI is a stable coin partially backed by collateral (USDC and UPS share token), and partially stabilized algorithmically. UPFI price is guaranteed to be pegged at 1$. Besides, UPS is the non-stable and utility token, serving as a volatility-absorbing asset, and gives the protocol greater capacity for scaling since the system requires less external collateral (USDC) to grow.

fitur

Mint & Redeem

Mint/redeem stablecoin with partial collateral, also use TCR, and ECR for protocol.

Governance

Created to give holders the chance to have a voice on the platform while also being rewarded for holding UPS tokens for a long period of time.

Farm

Users can farm UPS by providing liquidity and depositing their LP tokens on UPFI Network.

% name% Roadmap

  • Q4 2021

  • Open Beta-mainnet
    Public sale (IDO launchpad, website, CEX listing,…)
    Token generation event
    Mainnet launch
    Lending protocol
    Governace staking
  • 2022

  • Synthetic token
    Stablecoin Minter

UPFI Network Berita terakhir

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