$UP

The UP token: ownership, staking, governance participation, and planned validator utility in the Superform Protocol.

$UP is the token representing ownership over Superform. Staking it yields sUP, which confers voting power over SuperVault parameters, SuperAsset weights, economic configuration, and SuperVault upkeep participation. Later protocol phases introduce validator bonding and slashing utility for$UP.

Contract addresses for $UP and sUP across all supported chains are listed on the Deployment Addresses page.

Phases

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