UPS-UPFI NetworkDetailed Description

UPS-UPFI Network Detailed Description

UPFI is a stablecoin protocol, whose design principle is to create a highly scalable, custody-free, extremely stable, fractional algorithm, and pure on-chain finance on Solana. It supports next-generation payment networks on the blockchain. UPFI aims to replace fixed-supply digital assets by bridging the gap between digital currencies and real-world applications, with near-zero transaction costs.
The Up share token (UPS) is volatile and functions to hold governance rights and all excess collateral of the system. It also allows users to earn income through staking.