💰Tokenomics

The Upction token model is designed to create a sustainable and balanced ecosystem that benefits both the project and its community participants. The structure of Upction’s tokenomics ensures fair distribution, incentivizes active participation, and maintains long-term value for token holders.

Total Supply:

Upction has a fixed total supply of 100 million UPT tokens, ensuring a capped supply that prevents inflation and preserves value over time.

Token Allocation:

The allocation of UPT tokens is strategically divided to support the ecosystem, incentivize the community, and reward early supporters while maintaining liquidity and security.

• Liquidity Pool (50%): 50% of UPT tokens are allocated directly to the liquidity pool post-auction, providing strong liquidity on decentralized exchanges. This allocation ensures that there is adequate token availability for trading, making it easier for users to buy and sell UPT in a stable and secure environment.

• Ecosystem Development (15%): A portion of tokens is set aside for ongoing ecosystem development, including partnerships, integrations, and enhancements to the platform. This reserve ensures that Upction has the resources necessary to drive future growth and continuously improve its offerings.

• Community Rewards (10%): Upction allocates 10% of the tokens to reward active community members and users who participate in platform activities. These rewards incentivize engagement, fostering a loyal and vibrant community that contributes to Upction’s success.

• Team & Advisors (10%): To align team interests with project success, 10% of UPT tokens are allocated to the Upction team and advisors. This portion is vested over time, ensuring a long-term commitment from the team and encouraging sustainable project growth.

• Fund Reserve (15%): A 15% reserve is allocated for strategic initiatives, including potential staking rewards, future funding needs, or platform improvements. This reserve provides flexibility to adapt to market dynamics and foster long-term stability.