“UPStake (UPS) is a ERC20 Token which through the internal exchange increases in value every hour from the 1st of June 2018 when launched”. This is the statement that Upstake says in their White Paper.
Value increases in every hour ? Hard to believe in ? Of course not.
Looking at the ways they perform.
First, UPStake achieves growth through a unique model of burning a percentage of tokens when sold through the exchange. This reduction in circulating Tokens creates the underlying value of UPS. This is automatically set on the exchange every hour. Like Binance Token (BNB), this burn increases the value of UPStake Token.
Seconds, Each hour the exchange resets allowing customers equal opportunity to either buy or sell UPS token at the set price. Especially, the exchange model is based on “first come first served”. This unique model is totally different from other fiat exchanges.
Thirds, at the start of each hour (UTC system time), the exchange will automatically reset, at the end of the countdown (30 seconds) the exchange will be open for trade at the new price. Once open for trade customers will all equally have an opportunity to buy or sell, requests are handled in milliseconds and cued on a “first come first served”.
Forth, Investors that hold Tokens are not in any lock in periods and have full control as to when they eventually sell their tokens.
These are some differences of UPStake Exchange from other Fiat Exchanges. I think this unique model will be useful for investors who want to increases their invesment with full controls hour by hour or day by day.
For more information of UPStake, please visit the UPStake website below and save a little bit of time to read their White Paper.
Good luck guys,
UPStake website:
https://upstake.com/landing/mainUPStake White paper:
http://docs.upstake.com/UpStakeWhitePaper.pdf 
