3x > 5x More Feathers 🪶
Today, we're excited to announce that Kamino LPs will now be earning a 5x boost on their Huma Feathers!
Our $PST on @KaminoFinance generates real yield by facilitating payment financing solutions, currently earning 10.5% APY.
$PST deposited in the Kamino Liquidity Vault won’t earn Feathers elsewhere.
Did you know Upland never sold $SPARKLET in pre-sale to investors, but only to users in-app who use it for its utility?
$SPARKLET TOKENOMICS HIGHLIGHTS👇
FUTURE GOVERNANCE BY UPLANDERS
The $SPARKLET White Paper may adjust prior to the launch. Following the launch, to effect any modifications to the tokenomic parameters delineated in the final version of the white paper, the endorsement of the Upland community through a straightforward majority vote will be mandatory, adhering to Upland's governance directives as detailed here:
https://t.co/hu3BtL3pHI
SUSTAINABLE VESTING for $SPARKLET
Upland pioneered a novel tokenomics concept of Sustainable Vesting:
- Anticipated demand for $SPARKLET is expected to align w/ increase of daily participants in Upland & expanded utility.
- This pioneering vesting framework introduces a dynamic approach that factors in both the ‘Upland Treasury’ and ‘Incentive and Rewards’ token allocations. At baseline, both allocations will vest over a 30-year period.
- As specific growth milestones are achieved, the vesting schedule will compress, facilitating the release of a higher volume of tokens each month.
- The yardstick for growth will be calculated as the average count of daily active wallets within the Upland ecosystem
More on the concept of sustainable vesting in the $SPARKLET White Paper