UPFI — UPS Insight
Take the second step into UPFI Network moonship
We reveal ways that $UPS could help you make big profits
- Farming function
This is the most attractive program on UPFI Network, helping the project attract a large number of users because of its very high APY.
The Liquidity Mining process is easy to follow:
(1) Providing liquidity to the rewarded Pools on UPFI Network (as on testnet, we have USDC — UPFI pool. After that there are other attractive pools as well).
(2) Staking LP tokens on UPFI Network’s Farms platform to receive UPS Incentives.
Farming captures value for $UPS in 3 main ways as follows:
* Increase strong Buy demand for UPS token.
* Buy UPS to Farms
* Buy UPS to mint UPFI and farm.
* Increasing demand for stablecoin UPFI
* Increase TVL for UPFI stablecoin pools, which helps reduce volatility.
2. UPFI protocol
To be able to mint $UPFI, users need to have a quantity of $UPS, this number of $UPS will directly reduce the supply in the market. As $UPFI is used more and more, the demand to buy UPS will also increase.
Thereby, we see, this protocol captures value for UPS directly in 2 ways:
- Create Buy Demand
- Reduced supply of $UPS in the market.
This is the product that generates a source of income for the project, which helps increase the price of $UPS tokens.
3. Governance token
by locking UPS tokens on the Governance section of the Platform, you will receive xUP — governance token of UPFI Network. The xUP token serves as our platform’s governance token about fee distribution mechanism, integration, unique functions, events, investment vault, development and more.
It was 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.
These are reasons why investing in $UPS is worth your consideration!!! Let’s wait for $UPS token to go to the moon.
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