📽️Product
Injecting Unparalleled Liquidity into the BTC Ecosystem.
Uplink Finance is the First Decentralized BTC Stablecoin Protocol, positioned as the Maker DAO within the BTC ecosystem.
Users can deposit assets such as $BTC, $ORDI, $Sats to obtain stablecoin $UPSD, thereby gaining liquidity.
Currently, $BTC, $ORDI, $Sats are accepted as collaterals on our platform.
How It Works
Designed for the savvy $ORDI, $BTC holders and BTC asset investors, Uplink Finance enables you to unlock the value of your holdings without selling. By depositing your assets and borrowing $UPSD, Uplink Finance elevates your liquidity and financial flexibility, freeing up capital while maintaining your investment position.
Step-by-Step User Guide for Uplink Finance:
Deposit: Users commence by depositing BTC and BRC-20 assets, such as $BTC, $ORDI, or $SATS, into the platform.
Transaction Confirmation: Verification is paramount; each transaction undergoes rigorous confirmation to ensure the deposit is registered, setting the stage for what’s next.
Cross-chain Mechanism: Assets on BRC-20 then transition across chains to the ERC-20 standard via a sophisticated MultiBit Infrastructure, ensuring fluid movement across blockchain ecosystems.
Borrowing Stablecoins: The system offers the facility to borrow $UPSD stablecoins, collateralized by $ORDI and $SATS held on ERC-20, amplifying users' financial flexibility.
Collection: The $UPSD accrued coalesce within a Unified Account — the system's secure vault that temporarily houses funds until they’re earmarked for further transactions.
Withdrawal: Withdrawals are initiated by burning the ERC-20 based $UPSD stablecoins, accompanied by a nominal fee. This decisive step withdraws the stablecoins from the market, reverting the underlying assets - $ORDI and $SATS on ERC-20 - back to the user.
Reclaim: The process culminates with the $ORDI and $SATS being rerouted back to users via the cross-chain mechanism, reinstating the original BRC-20 $ORDI and $SATS to their rightful owners.
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