WHAT’S UNDER THE HOOD?

$upBNB is fueled by the same protocol that managed to deliver over 2500% previously  per project and is now improved to pump your bags even more through vaults and a protection mechanism that prevents price from rugs and free falls.

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HOW DOES THE PROTOCOL WORK?

The protocol is designed specifically to increase your upBNB value through two smart mechanisms:


#1: VAULTS

Vaults are introduced in the newest version of the protocol and contain the treasury from the fair token sale. It’s designed to buy back tokens and burn them at strategic times. It never runs out of money since it takes a tiny amount from sellers.

#2: Price Floor

The ERC-31337 protocol also creates a price floor. Tokens from buybacks are burned, decreasing supply. Over 5% of original tokens have been burned in less than a week. As these tokens are destroyed, the locked liquidity pool stays the same size, creating a floor price that the token can’t fall below. That means that unlike many tokens, $upBNB always retains some value and can’t go to 0. If you buy at the price floor, you literally CAN NOT LOSE. Liquidity below the price floor is recycled into MORE BUYBACKS to make the price go EVEN HIGHER.

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