On December 11, Uplink Finance, a new player in the cryptocurrency space, made important announcements that will reshape the decentralized finance landscape. The protocol, known for its stablecoin offerings in the BTC and altcoin BRC20 ecosystem, has announced plans for the BRC20 airdrop and the upcoming Uplink OG NFT launch. Here are the details…
Uplink announces altcoin airdrop plan
Uplink Finance announced a strategic move with the BRC20 ecological address snapshot airdrop plan. The protocol will take a snapshot of addresses on December 13, 2023. Eligible users with both ORDI and UPFI will be eligible for the UPFI airdrop. Currently, UPFI is ranked second highest in terms of trading volume on the OKX Web3 trading market, highlighting its growing importance in the crypto space.
With a snapshot of addresses in the BRC20 ecosystem, the airdrop plan is set to reward users who are included in Uplink Finance’s ecosystem. By holding both ORDI and UPFI, participants position themselves to benefit from the upcoming UPFI airdrop. As UPFI continues to solidify its position in the cryptocurrency market and currently ranks second in trading volume on the OKX Web3 trading market, the airdrop initiative reflects the protocol’s commitment to user engagement and community building.
Altcoin updated its road map
Alongside the airdrop announcement, Uplink Finance announced an updated product roadmap on December 11. Highlights include the upcoming launch of the Uplink OG NFT, scheduled for this weekend. Participants who are part of the UPFI IDO and are the top 100 UPFI holders will have the opportunity to secure whitelisting for the Uplink OG NFT.
The updated roadmap, to many people, demonstrates Uplink Finance’s commitment to innovation and expansion. The launch of the Uplink OG NFT adds a creative dimension to the protocol’s offerings. Thus, providing a unique opportunity for interested community members to participate in the growing NFT space. Uplink Finance’s long-term vision includes launching subsequent stablecoin products by the end of the month, with the goal of holding 5% of BTC and 20% of BRC20 senior assets as collateral.
UPFI price increased
The recent increase in UPFI’s trading volume is a testament to its growing popularity and acceptance within the cryptocurrency community. In the past 24 hours, UPFI has surged an impressive over 107%, further cementing its position as a formidable player in the market. This significant growth came after it announced changes to its roadmap. That is, as it continues to innovate and expand the protocol ecosystem, a significant increase in transaction volume was noted. Because this positions UPFI as a significant asset.
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