How it works
UPONLY is powered by a simple equation with a powerful outcome: the price can only go up.
At the heart of the protocol is the Auto-Ascending Liquidity Mechanism (ALM™) — a unique system where every buy and sell transaction increases the price of the token.
The UP token is not tied to the market. Its price doesn’t depend on supply and demand — it’s controlled by code.
Thanks to a unique formula and protocol design, the UP token price can only go up — regardless of external conditions.
🔢 The Price Formula
At the core of the system is a simple yet powerful equation:
The price of UP is defined as:
This means:
More USDC in the pool = higher price
Less UP in circulation = higher price
Because of how the minting and burning works, both buying and selling UP increase the price.
🟢 Buying UP
When a user buys UP tokens:
USDC is sent to the UPONLY Liquidity Pool.
The 1% Platform fee, 1% Referral fee and 0.5% Founder Pool fee are deducted.
The remaining 97.5% USDC stay in the pool.
The UP Minter Contract uses 90% of the original USDC to mint new UP tokens. This creates a 10% buy fee.
The user receives the newly minted UP tokens.
🔼 Why Price Goes Up:
The USDC in the pool increases faster than the number of UP tokens in circulation.
Result: UP price increases after every buy.
🔴 Selling UP
When a user sells UP tokens:
The tokens are sent to the UP Burner Contract.
The 1% Platform fee, 1% Referral fee and 0.5% Founder Pool fee are deducted.
The contract removes 7.5% of the USDC value from the user’s proceeds and leaves it in the pool.
The user receives 90% of their token’s value in USDC.
The burned UP tokens are permanently removed from circulation.
🔼 Why Price Goes Up:
More UP tokens are burned than the USDC taken out.
Less circulating supply + relatively more backing = UP price increases after every sell.
🧠What Makes It Work
Smart Contracts Only: The entire system is automated and trustless. There are no admins, owners, or centralized control.
Protocol Fees Power the System: The small buy/sell fees ensure the liquidity pool always grows faster than token issuance or redemptions.
Mathematically Impossible to Go Down: The ALM™ design ensures the price can’t drop — every action strengthens the system.
UPONLY flips traditional crypto economics on its head — instead of relying on hype or speculation, it uses mathematics and code to guarantee upward price motion.
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