What inspired the creation of the uP token?
Share buybacks, or stock repurchases, are decades-proven legacy finance tools that were missing in crypto.
What Problem does uP solve?
Tokens rely on demand mostly from a single community, ignoring the collateralized buy backs.
What is the solution?
uP is the first 'Buy Back and Burn' Mechanism, Powered by the Pulse Chain and Supported by a Zero-Interest Liquid Loan Protocol.
If you succeed, where does this go? How big can it really be?
uP is designed to go BIG with time as every next buy and burn budget gets bigger!
Explain the tokenomics of uP in simple terms
Deflationary 21,000,000 supply at start with BW controlling 3kk of supply for LP purposes in Benevolent Wallet (BW). uP token is a product of the PulseChain ecosystem, designed to offer a unique deflationary token model with a capped 21 million supply. Its value is enriched by a 'buy and burn' strategy powered by the Liquid Loans protocol, providing passive appreciation and exposure to PulseChain's performance.
Who is it for?
uP is for anyone who wants to outperform PLS leveraging fully automated uP strategy. Open for anyone to DIY for FREE or just buy uP token to enjoy ALL OF IT automated.
How does the Pulse chain factor into the uP ecosystem?
The uP token ecosystem is deeply integrated with the Pulse Chain, utilizing Pulse Chain's native token, PLS, as collateral to enable 0% loans denominated in USDL to facilitate the uP strategy.
How does it work?
uP uses a mathematically refined risk management model for generating continuous on-chain market demand known as hauntedstrategy.com.
What's uP token model structure?
uP token is a deflationary digital asset with a max supply of 21 million.
How is it sustainable?
The uP token model's sustainability hinges on PulseChain's success, the unique 0% loan system from Liquid Loans, and a deflationary 'buy and burn' token model.
Everyone can monetize the funds raised. What is your plan?
The uP strategy uniquely leverages the Liquid Loans protocol on the PulseChain.
Can you explain your Tokenomics Model? Why is it exactly like this?
The uP tokenomics promotes sustainable long term growth and maintains value over time.
What is uP's monetization strategy?
uP's monetization revolves around tokenomics and integration with the Liquid Loans protocol.
How is the price of the uP asset designed to go up?
The uP token is designed to go up in price as it operates within a meticulously orchestrated ecosystem to drive its value uP.
Why uP?
uP benefits from both the growth of the PLS community and the uP community.
Continuous Liquidity Squeeze Explained
The Fundamental: At its core, liquidity in any market is about how easily an asset can be bought or sold without causing a significant impact on its price.
uP Token's Unique Strategy: A dedicated benevolent wallet constantly buys and burns the uP token.
PulseX's Role: PulseX operates on an automated market maker (AMM) model.
The Liquidity Squeeze Effect: As more uP tokens are burned, the remaining tokens in circulation become more scarce.
Benefits & Outcomes: For token holders, the scarcity ensures that their held uP tokens gain value over time.
Why does the size of the vault matter?
The size of our vault is directly proportional to our growth potential and market confidence.
Why does the price go up?
Price going uP is the result of buy pressure in liquidity pools.
Why is uPX great for uP?
Every new uPX minted adds to the buy and burn of uP tokens.
List the Risks
Smart Contract Vulnerabilities: Possible bugs or weaknesses in the contract.
Systemic Dependence: Reliance on external systems or platforms.
Price Volatility: Drastic fluctuations in the collateral or token price.
… [More risks as needed]
Unique Selling Proposition
First x10,000 Token designed to outperform PLS with up to 95% dips.
Low Liquidity and Sales
Sales before buy and burn generate downward pressure on the price.
uP history?
uP was initially minted as ERC-20 prior to the launch of Pulsechain. The uP Token is correlated to the price appreciation of PulseChain but made sweeter with its own buy and burn. uP had a sacrifise of about $695k turned that into 7.3B PLS, $90k stables and about $5k misc. + 2.97B PLS in the NE wallet: total value while PLS sits at $0.0000657 is $769,739.
When PLS returns to sac rate the value is $1.12M
What are the pros uP?
Pros:
Gain exposure to PulseChain price appreciation.
Useful for individuals with less capital.
Passive position management.
No team allocation tokens.
What if PLS crashes?
PLS has a thick liquidity pool to handle sell pressure, with no sudden and major drops.
What is uP token?
uP token is a deflationary cryptocurrency with a 'Buy Back and Burn' mechanism, leveraging Pulse Chain.
How can I buy uP tokens?
uP tokens can be purchased on PulseX contract 0x131bF51e864024DF1982F2cd7B1C786e1A005152.
What is the significance of a 21 million max supply for uP tokens?
The 21 million cap mirrors Bitcoin's max supply, emphasizing scarcity and potential for value appreciation.
How does the 'hauntedstrategy.com' benefit uP?
It's a mathematically refined model to generate continuous on-chain market demand, amplifying uP's buy & burn mechanics.
Is the uP token's design more favorable for passive investors?
Yes, it's designed for passive investors, emphasizing no governance, no staking, and automated strategies for value appreciation.
What's the significance of the 5% fee extracted from every loan?
This fee is utilized for various purposes, potentially covering operating costs or further development, and plays a crucial role in the buy & burn mechanism.
How does the Haunted Strategy work in increasing Pulse coin count using Liquid Loans?
The Haunted Strategy is a method that utilizes the Liquid Loans protocol to increase your Pulse coin count without adding more cash.
What are the benefits of utilizing Liquid Loans for compounding your Pulse bag without adding more fiat?
Utilizing Liquid Loans for compounding your Pulse bag without adding more fiat has several benefits.
What is the uP token and how does it solve the problem of running out of buyers in crypto projects?
The uP token is designed to address the common problem faced by many crypto projects - running out of buyers.
How does the 'hauntedstrategy.com' benefit uP?
The hauntedstrategy.com is a model that creates a continuous on-chain market demand. It enhances the uP token's buy and burn mechanics through positive feedback compounding loops in loan protocol staking.
Is the uP token's design more favorable for passive investors?
Yes, the uP token is designed with passive investors in mind. It doesn't require governance or staking and has automated strategies for value appreciation.
What's the significance of the 5% fee extracted from every loan?
The 5% fee extracted from every loan taken can be utilized for various purposes, such as covering operating costs or funding further development. It plays a crucial role in the token's buy and burn mechanism.
How does the Haunted Strategy work in increasing Pulse coin count using Liquid Loans?
The Haunted Strategy utilizes the Liquid Loans protocol to increase your Pulse coin count without adding more cash. By locking up Pulse coins as collateral and using the loans to buy more Pulse, you can compound your holdings as the price of Pulse appreciates.
What are the benefits of utilizing Liquid Loans for compounding your Pulse bag without adding more fiat?
Utilizing Liquid Loans allows you to increase your Pulse coin count without adding more fiat. Benefits include 0% interest loans, no deadline for loan repayment, and capitalizing on price appreciation.
What is the uP token and how does it solve the problem of running out of buyers in crypto projects?
The uP token is designed to address the problem of running out of buyers in crypto projects. It incorporates a Benevolent Wallet mechanism that acts as a perpetual buyer and burner of the token, creating constant buy pressure and making the token hyper-deflationary.