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Up Stable Token
eXperiment

Reduced volatility, grow potential, trustless,
low fees, backed by multiasset reserve,
transparent: a token made for real life use
  • list-img No intermediaries, directly from DEX
  • list-img Live from November 2nd, 21:00utc
  • list-img Tokens are sent out immediately
  • list-img Stablecoins liquidity locked in the reserve
  • list-img 0% fee on buy, only 1% fee on sell
  • list-img Listed on Coinmarketcap, Coingecko and Coinpaprika

Technology

The project is built around two pillars: the USTX token and the DEX. The token is a TRC20 contract, deployed on Tron blockchain, implementing the needed features to enable simple transactions at very low fees. The DEX is the core of the project. A smart contract actively manages all exchange transactions on the USTX/Stablecoin pairs (USDT, TUSD, USDJ, USDC), with the goal of keeping the internal stablecoins reserve at a certain level compared to the circulating market cap of the token. If the reserve is above the target level, the system allows price expansion during up-trends of the market and dampens price reductions during down-trends, reducing volatility. If the reserve is below the desired level, the system reduces the expansion and damping effect, to recover the reserve levels. All this is managed on-chain, without the intervention of the owner of the contract. The stablecoins reserve is locked inside the DEX contract and is verifiable on chain by any user. This provides intrinsic value to the USTX token. Being multiasset, the reserve guarantees resiliency. Also, since the price action is not based on oracles, it's immune to avalanche effects in case of price fluctuations of the stablecoins. The smart contracts are audited and open source.
USTX vs AMM token simulation
Backed by stablecoins
Low fees
Locked liquidity

Tokenomics

The USTX project aims to be sustainable. 90% of the liquidity raised during launchpad is locked in the DEX reserve.
5% of the USTX liquidity raised during Launchpad will be shared as rewards among the community testnet participants.
During normal DEX operation a 1% fee (applied only on sell transactions) will guarantee long term sustainability of the project.
The team tokens are placed in vesting smart contracts to enforce the release date.
FAQ
Token distribution
Launchpad 10M
Reserve 6M
Development 5.5M
CTN 0.5M
Initial supply 22M
Initial M.Cap 240k$

Roadmap

Pre-development


Prepare the whitepaper, simulations, basic website and build the team
April 2021

Private Testnet


Smart contracts deployed on testnet, private testing, website live
May 2021

Community TestNet


Open testnet, beta DEX, build community, contracts review
June-September 2021

Launchpad


Smart contracts on mainnet, DEX goes live, Round 1 and 2 of launchpad.
October 2021

DEX Live


The trading DEX is active, smart contract parameters tuning.
November 2021

Listing


List the token in other DEXs, CEXs and on information sites.
Q4 2021+

Applications

Add Stake-Buyback-Earn functionality. Promote USTX adoption with collaborations (e.g. NFT)
Q1 2022
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Get Tronlink

Install the Chrome extension to be able to access the DEX
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Create your secure wallet

Follow the guide below. Remember to keep your seed phrase safe.
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Get USDT and TRX

From exchanges or JustSwap. Keep a few TRX for the network fees.