🪁UPD Tokens

UPD is the token used in Updraft. Every person is entitled to a recurring share of UPD tokens. This recurring share is paid for by fees which keep Updraft free from spam.

Uses for UPD

Anti-spam fees

Most actions have a small fee, paid in UPD. This fee goes to a faucet that provides UPD to everyone. You can collect your share of this faucet from our Discord server.

As the name suggests, anti-spam fees also help protect Updraft from spam.

Supporting Ideas

When supporting Ideas, you temporarily lock some of your UPD tokens. You usually get 89% of your UPD back when you withdraw your support. 1% goes to everyone through the anti-spam fee and 10% goes to earlier supporters of the Idea as a Funder Reward.

You can also earn Funder Rewards yourself and make a profit funding Ideas if you're early and they prove to be popular.

Funding Solutions

Solutions can choose to raise funds in UPD for convenience, since all Updraft users will have UPD.