WHAT DO YOU KNOWABOUT UpStake (UPS)
😁😁😁UpStake (UPS) is a ERC20 token which through our internal exchange increases in value everyhour from the 1st of June 2018 when launched.
We achieve this growth through a unique model of burning a percentage of tokens when sold
through the exchange. This reduction in circulating Tokens creates the underlying value of UPS.
Investors that hold Tokens are not in any lock in periods and have full control as to when they
eventually sell their tokens.
😀😀😀😀UpStake Exchange
Our exchange is unique in a few ways from a traditional fiat or crypto exchange. Before investing
it’s important you understand these core differences and how they impact token holders.
The 4 key elements are explained in detail below;
Price Lock Guarantee - Hourly UPS tokens increase in value, this is automatically set on the
exchange each hour. The rate of increase is disclosed in detail on the UpStake website for the first
18 months and will be updated yearly in advance.
1 Hour trading sessions - Each hour the exchange resets allowing customers equal opportunity
to either buy or sell UPS tokens at the set price. Our exchange model is based on ‘first come first
served’.
Sequencing - At the start of each hour (UTC SYSTEM TIME) the exchange will automatically reset,
at the end of the count down (30 seconds) the exchange will be open for trade at the new price.
Once open for trade customers will all equally have an opportunity to buy and sell, requests are
handled in milliseconds and cued on a ‘first come first serve’ basis.
Fees - Customers can sell UPS tokens at any time for a small fee of 3%, this fee is split up into the
following: Affiliate fees 1%, Administration 1%, Burned UPS tokens 1%.
it’s important you understand these core differences and how they impact token holders.
The 4 key elements are explained in detail below;
Price Lock Guarantee - Hourly UPS tokens increase in value, this is automatically set on the
exchange each hour. The rate of increase is disclosed in detail on the UpStake website for the first
18 months and will be updated yearly in advance.
1 Hour trading sessions - Each hour the exchange resets allowing customers equal opportunity
to either buy or sell UPS tokens at the set price. Our exchange model is based on ‘first come first
served’.
Sequencing - At the start of each hour (UTC SYSTEM TIME) the exchange will automatically reset,
at the end of the count down (30 seconds) the exchange will be open for trade at the new price.
Once open for trade customers will all equally have an opportunity to buy and sell, requests are
handled in milliseconds and cued on a ‘first come first serve’ basis.
Fees - Customers can sell UPS tokens at any time for a small fee of 3%, this fee is split up into the
following: Affiliate fees 1%, Administration 1%, Burned UPS tokens 1%.
More about information visit website: https://upstake.com/
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