Ever wonder which is the best cryptocurrency to “invest” in?
UP token got its start in 2020 when we launched our AMM, uTrade. Trading fees were collected in native tokens, and liquidity providers were rewarded in UP token fully collateralized by those native tokens. As more trading fees came in, that collateral went up – UP was backed by more and more value over time. On blockchains like BSC, that value rose from 1 all the way to over 10 – if you were an early LP and earned UP, your rewards just kept going up!
Now UPbnb is being UPgraded! UP v2 has some improved features which make the token even more sustainable. Here at Unifi Protocol, we truly believe UP is like a crypto savings account.
Sure, there are exciting opportunities to 10x or 100x overnight, but they are very risky and those rates are rarely sustained over a long period of time. While it might be fun to try your luck with that strategy, a wise decision might be to diversify your portfolio and set aside a portion of your crypto assets to earn a low-risk, passive return that requires little management. Just “set it and forget it,” just in case the rest of your cryptocurrency portfolio doesn’t “moon.” UPbnb has gone from being backed by 1 BNB to nearly 11 BNB in less than 2 years. All to the benefit of UPbnb holders.
See for yourself at utrade.finance/up.
Unifi Protocol cannot give financial advice, of course. This article is strictly for informational purposes and not a guarantee of any financial returns. One must always do proper research and due diligence before participating in the (cryptocurrency) market. This is why we put the word “invest” in quotation marks.
That being said, you can actually go and mint some UPbnb right now on uTrade! Get started now, the backed value is going up while you wait.
About Unifi Protocol
Unifi Protocol is a community-founded organization brought together by a vision for a decentralized future.
Stake UNFI, earn rewards and be a part of UNFI
Got any questions? Reach out on social media or send us an email at [email protected]
Communications from Unifi are subject to Unifi’s standard terms and conditions, which can be found here