$UP

Introduction

UP is the token representing ownership over Superform; staking it yields sUP which confers voting power over SuperVault parameters, SuperAsset weights, and ability to set economic configuration.

There is only one UP token, deployed on Ethereum mainnet at 0x1d926bbe67425c9f507b9a0e8030eedc7880bf33 .

Phases

Phase	Milestone	New $UP utility
0	Open Access	Initial set of governance votes for protocol params
1	SuperVault launch	Strategist upkeep burns; validator‑secured PPS
2	Validator decentralization	Bond $UP to join sets with slashing
3	SuperAsset launch	Voting on SuperAsset composition
4	Bundler decentralization	Bundlers may bond $UP in a similar fashion to validators