UpDeFi AMA Transcript

” A Yield-as-a-Service(YaaS) Platform “

Stephanie (BSC.News)

Hello everyone and welcome to the AMA with UpDeFi! Today we have @uporup joining us to talk about their exciting new project. Great to have you here 🙂


Hey everyone and Thank you for your warm welcome Stephanie! I am really excited to be here today!

Stephanie (BSC.News)

Awesome! We will dive right into the questions without further due. Sounds good with you?


Yes of course! 🔥

Stephanie (BSC.News)

Great, so to kick things off, for those who may be unfamiliar…



1. Please introduce yourself and the team behind UpDeFi.


Hello everyone! I’m Exortus from UpDeFi.  I have years of experience in DeFi project community management and I’m one of the early participants of UpDeFi. It’s an honor to be a guest to represent UpDeFi to BSC.News Community today. You can visit our website at .

The UpDeFi team has extensive experience with DeFi projects. And we all come from the Mars Ecosystem community!

We were very impressed with the achievements made from Mars Farms’ innovative yield mechanism: Mars Ecosystem maintained a long-term TVL of $500 million and over 500% of APR. So we began to think about further expanding Mars Farms’ successful yield mechanism to serve more users and DeFi protocols.

We contacted the Mars Ecosystem team, and they were very supportive of our idea and have provided us with great advice during our product development process.

We appreciate the support we have received from the Mars Ecosystem team, and we are committed to rewarding the Mars Ecosystem communities and users both in product and tokenomics aspects.

Stephanie (BSC.News)

Well awesome! Sounds like you guys have a great team so let’s talk about the project itself


Exactly! Our Tech & Marketing team are always for the best for the community!

2. What is UpDeFi and what are you trying to accomplish with your platform?


UpDeFi’s goals are:

For users: To build a one-stop, secure, most profitable, easy-to-use, flexible Yield-as-a-service (YaaS) platform that is comprehensive to all blockchains in order for users to meet all their yield needs.

For projects: To enable other projects to improve the capital efficiency they produce through their incentive programs (such as liquidity mining, transaction mining, borrowing mining, etc.). This way, other projects can pay the minimum capital cost to obtain maximum liquidity and user attention.

To be specific, Strategies are UpDeFi’s main product.

A strategy is a fixed investment strategy defined by a smart contract, which takes advantage of the yield opportunities (such as liquidity mining, transaction mining, borrowing mining, etc.) and financial products (such as trading, lending, etc.) in various DeFi protocols or other types of projects to achieve complex automated investment operations, thereby bringing automated and optimal yields to users’ funds.

UpDeFi continues to develop the most secure, most profitable, and easiest-to-use yield strategies across all blockchains.

Stephanie (BSC.News)

Thank you for all that information! Let’s unpack a bit as there was a lot I wanted to touch on. So first let’s talk about your token

3. What is $UP and how are they utilized on your platform? What’s the tokenomics?


UP Token is the governance token of the UpDeFi platform. Once the UpDeFi DAO has started, UP holders will be able to vote through the locking mechanism. Currently, there are additional UP token rewards in all our Vaults through the “Fair Launch Tokens Distribution”. Don’t forget to visit  so you don’t miss them!

Also, governance is not the only utility of UP Token! UpDeFi team shares 90% of platform revenues with UP stakers and currently APR at +1,000%! If you want to earn CAKE rewards by staking the UP token, I suggest you visit the link above. 👆

The Total Supply is 1 Billion and distribution will be 2 years.

Stephanie (BSC.News)

Okay neat! Make sure to check out this link.

So let’s actually talk about that UpDeFi’s strategies becuase is something that I found to be really interesting

4. Please tell us about your auto-compounding strategies.  How does it solve the problems faced by users?


Yes! Those are our main products actually.

First of all, I would like to talk about the problems that users encounter while doing compounding:

Exortus, [3/29/2022 9:17 PM]

1️⃣The optimal compounding time interval is generally less than 1 day, and most users cannot keep interacting with the protocol in such a short time interval.

2️⃣Harvesting your own investment yields and reinvesting require gas fees. Frequent operations on some chains can come at a high cost making it not viable as a yield strategy.

The Auto-compounding strategies solve the above two problems faced by a single user:

1️⃣Harvest and reinvestment through program automation, enabling continuous operation at very short optimal compounding time intervals.

2️⃣By bundling the harvesting and compounding operations of all users together, one operation completes the harvesting and compounding operations of all users, which greatly reduces the gas cost of all users and improves the benefits of all users.

Stephanie (BSC.News)

Great! Thank you for the clarification

5. What is yield enhancing strategy and how can old users benefit from this?


Firstly, let me introduce Yield Enhancing Strategy,

The yield-enhancing strategies help projects achieve the purpose of motivating long-term users more effectively without altering projects’ ongoing liquidity mining programs.

This yield distribution method realizes continuous subsidies for old users:

Old users of the underlying yield protocol can get subsidies from new users: the sooner the users invest in an underlying yield protocol through the UpDeFi strategy, the more UP tokens they can potentially be rewarded. By staking UP tokens, these users can share the yields realized by the assets invested by users who enter the strategy after them.

Old users of the UpDeFi protocol can get subsidies from new users: the sooner a user invests in the UpDeFi platform the more that user can get in UP token rewards. By staking UP tokens, these users can share the yields realized by the assets invested by users who enter the strategies after them.

Stephanie (BSC.News)

Oh wow that’s pretty amazing.  So investing early is a key to maximize the profit!


Exactly! Also, first months, our emission is high! It will be decreasing month by month 🔥

6. What is UP-staking strategy?


UP Staking strategy is one of the usage areas of the UP Token that I have mentioned above.

Thanks to this strategy we have created to maximize the earnings of UP Token holders, users who purchase UP Token or receive UP Token as a reward can earn CAKE with high APR by evaluating these tokens in UP Staking Strategy Vaults!

This economic model design ensures the value of UP tokens, which can better motivate users to participate in the auto-compounding and yield-enhancing strategies on the UpDeFi platform.

And also, none of the mentioned strategies have a locking! Users can deposit or withdraw at any time.

Stephanie (BSC.News)

Great! moving on…

7. Please tell us about UP incentive program


The UP Incentive Program is designed to help incentive programs (such as liquidity mining programs, transaction mining programs, borrowing mining programs, etc.) of high-quality projects to improve its capital efficiency and pay the smallest capital cost to obtain the greatest liquidity and user attention.

Different from the traditional yield aggregators which will bring huge selling pressure to the project tokens, UpDeFi has designed two unique strategies:

✅The yield-enhancing strategy

✅The UP-staking strategy

By using the native UP tokens of the UpDeFi protocol as a bridge for yield realization, it prolongs the yield release time of the underlying yield protocol, greatly reduces the selling pressure of earned tokens, and alleviates common difficulties in liquidity mining programs. Since users can obtain a higher rate of return while the capital cost of the underlying yield protocol remains unchanged, it can help the project significantly improve its capital efficiency.

If you would like to become a UP incentive program partner, please contact us!

Stephanie (BSC.News)

Brilliant, thank you! Lots to look forward to


Most welcome!


8. Is your platform audited? How can you ensure users that your platform is safe to use?


Yes, definitely! Security is one of the most important things for our team. We ensure maximum security by constantly auditing the codes of both the underlying platforms and our own platform.

In addition, our Codes were audited by two different audit companies. I think these two companies are the two most important audit companies in the DeFi World, CertiK and Peckshield.



Plus, our team doesn’t stop there! By cooperating with Immunefi, which provides the world’s most important Bug Bounty program, we will ensure that white-hat hackers also contribute to our security!

Stephanie (BSC.News)

Perfect! All of the security measures shows how much UpDeFi values security


Exactly! Security is one of our values.

Stephanie (BSC.News)




Stephanie (BSC.News)

I love all of the core values!

Last but not least…

9. Any exciting news you would like to announce here today?


Yes, of course!

Our pool with the Stake UP earn CAKE strategy I mentioned has been merged with the newer auto-compound strategy and now has 1212% APR i.e. 8,800,000% APY!! I invite you to to take advantage of this incredible profit. Also, don’t forget to visit @UpDeFiUp channel so you don’t miss the latest news.

Stephanie (BSC.News)

It’s definitely some exciting stuff!  🥳 Would you be able to provide us with social media links so that our community could follow?


Of course!








🇪🇸 Spanish





Stephanie (BSC.News)

Oh wow, there are many communities with different languages!


Our team is trying to add more 😊

Stephanie (BSC.News)

If you haven’t already make sure to go and check out UpDeFi everyone! Super exciting project that you don’t want to miss out on 🙂

Source : bsc.news

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