UpLink cryptocurrency contract, in its complete form, is an automatic rebasing token developed to keep the chart regularly in an uptrend with Chain Link rewards. Due to its unique rebase contract, UpLink is a token with an automatically adjusting supply and a price-elastic nature. Members of the community can hold their tokens with peace of mind thanks to Chain Link rewards. It also offers an incentive to hold and watch Chain Link rewards stack up.
A rebase is automatically triggered when the contract algorithmically decreases the token supply and increases its price. The negative rebase maintains the chart in a constant climb, thus making it more noticeable. Rebasing does not affect the value of holdings of an individual. All individuals own the same percentage of the supply.
UpLink holders automatically receive Chain Link rewards from UpLink contracts as an incentive to hold and provide peace of mind. To collect rewards, users need to hold and watch them accumulate in their wallets. In the contract, rewards are automatically calculated based on the daily volume of tokens and users' holdings.
According to the whitepaper, UpLink's token is distributed: 3 percent Liquidity Pool is added to the UpLink / BNB Pool to stabilize the floor price. A 2 percent contribution to ecosystem development is used to fund costs other than marketing, such as audits and listings. Then 4 percent goes to reward Distribution, where users receive automatic Chain Link rewards in their wallets. Four percent of the budget is allocated to BuyBack, and the remaining amount is utilized in marketing spent in UpLink increased attention. Excess funds are used to support the chart with a buyback.
