📽️Product
Last updated
Last updated
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.
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.
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.