Exnetwork Capital Invests in Algorithmic Stablecoin Startup UPFI Network
Exnetwork Capital is proud to announce their latest investment, UPFI Network the first stable coin protocol whose goal is to create a highly scalable, non-custodial, extremely stable, fractional-algorithmic, and pure on-chain financials on Solana. The company is looking forward to starting the expansion and growth of the project through their marketing initiatives.
Introducing UPFI Network
The end goal of the UPFI protocol is to provide a highly scalable, decentralized, algorithmic money inplace of fixed-supply digital assets. Only a portion of the capital necessary to mint is denominated in other stable assets. The remainder is denominated in a volatile asset required as collateral.