☀️Daily Rewards

The rewards mechanism of $UP explained.

What Is Liquid Mining?

Liquid Mining, a term uniquely coined for the $UP token ecosystem, offers unmatched flexibility and earning potential. With Liquid Mining, $UP token holders can stake their tokens for as little as 24 hours and start potentially earning rewards daily.

What Does This Mean For Me?

This means you can buy $UP tokens, stake them for a week, earn rewards during that time, and then sell your tokens very simply. All without being locked into a long-term commitment, confusing system or silly obfuscating games. Hence, "liquid mining". Cool right?

The daily rewards innovation allows you to optimize your returns, creates a potential new DeFi tool for all of the community and makes it an attractive option for both short-term and long-term holders.

How Are Daily Rewards Distributed?*

• 85% to staked token holders managed through $uprewards.

• 10% to the treasury, $uptreasury for potential mined rewards appreciation.

• 5% to the $upburn wallet for quarterly Buy & Burn events.

*These distribution percentages will remain for the first 6 months until our first community vote. More on this when we reach phase 2 of the UP project.

Additional Points:

• Unstaked tokens do not earn rewards, benefiting those who have taken the time to stake.

• Team tokens are vested, ensuring long-term commitment. Daily Rewards will still be processed for the team aiding continued growth and development.

• As new businesses and partners are acquired the rewards they generate will be integrated into this same daily rewards system. Nice and simple!