What are upTokens?

We’ll talk about what upTokens are and how you can benefit from using them.

DeFi being one of the flourishing fields in the blockchain ecosystem, comes across hundreds of viable crypto and token projects.

One such amazing project has been developed by RootKit. It offers yield farming tokens that utilizes permanently locked liquidity pools to ensure continuous deflation.

Team RootKit has developed Reusable Liquidity along with a new ERC token class i.e. ERC 31337 and the Market Generation Events (MGE) for the fair launch of tokens. You can visit their Git Hub for checking out their project in more detail

UpTokens are a creation of team RootKit. These tokens can be created anytime for any coin and their prices can be pumped whenever needed. What makes it all possible is the fixed floor price. The floor price is fixed at a point below which the token price can never fall. This means that buying UpTokens is always safe. They simply go up and down with the linked coin but they never fall below their floor price.

As of now, three UpTokens have been launched including UpBNB.finance, UpTether.finance Rootkit.finance and soon they are launching UpMatic and UpCake tokens.