UP is the protocol token of TapeUP, a token issuance and trading platform built on TapeOut’s circuit and container infrastructure.

UP launched as the first asset on TapeUP’s full-chain ledger, TokenID #00001. Its Proof-of-Build (PoB) trading engine combines immediate purchases with buying budgets released over 25 days. Builder Codes enable equal accelerated purchases using each participant’s own pending funds.

UP supports two-way bridging between the full-chain ledger and BNB Chain. Bridging does not increase the total supply of 21,000,000 UP, and the original PoB market remains active. Under the protocol’s fee allocation, 40% of collected trading fees is allocated to UP buybacks.