$0.003206
-$0.000022(-0.70%)
Market Cap
$20.18K
24h High
$0.003229
24h Low
$0.003206
24h Turnover
$27.90
Total Supply
26.63M
Market Sentiment
Neutral
About UpStable (USTX)
USTX is a utility token deployed on Tron blockchain. Its purpose is to fill the gap between high yield tokens and stablecoins. High yield tokens have great growth potential but also exhibit a very high volatility and price fluctuations over short time. Stablecoins on the other hand have no volatility but they also cannot grow.
USTX has its heart in the project DEX that implements a novel reserve liquidity management to allow the token price to grow over time with low volatility, making it ideal for value storage and as a means of payment for goods and services.
The USTX DEX has a multiasset reserve made of stablecoins (USDT, USDC, USDJ and TUSD) and a smart contract driven liquidity management that mints and burns USTX in the reserve to enhance the price growth and reduce drawdown in case of sell-off. It's NOT a rebase token!
Risk Disclosure
Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results.
Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.
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