💱Economic Model Scheme

The Vault serves as a fund that ensures currency reserves for the pegging to the US dollar. It is formed through fiat monetary funds such as USDT, USDC, DAI, and other asset-backed stablecoins, traditional financial system currencies, and other non-risky derivatives, including major cryptocurrencies like BTC and ETH. The protocol manages the Vault to provide protocol profitability, buyback, stablecoin sales in the market to maintain the UFD exchange rate to the US dollar, and investment in non-risky derivatives.

The Treasury is an automatic financial manager and regulator of the protocol's financial system. It performs functions such as minting, awarding Up tokens for holding and using UFD on all addresses that use and store the stablecoin. The award process is done randomly at irregular time intervals through a secret algorithm to prevent abuse and manipulation of reward distribution.

The Treasury also mints, buys, sells, and arbitrages the stablecoin on markets where its value exceeds or falls below $1 USD, thus regulating the stablecoin's value and profiting from natural fluctuations in the market exchange rate. It accumulates profits from all income-generating instruments of the protocol and distributes the protocol's profits among participants in the social network based on the network Metamorphosis block's economic performance.

The Metamorphosis social network is responsible for the network's internal economy and the use of Up tokens. The network forms the core concept of the social network, gaming economy, and content creation. It mints NFTs, which grant voting rights and the right to receive income from protocol activities. Up tokens used within the network remain within it forever and become part of the social network.

The social network initially forms based on the distribution of communities on the world map using Google Maps technology based on territorial and administrative criteria, creating a node of such a local network, which is activated when a user resides there.

Using the application and AR technology, users can create a digital copy of the real estate in which they live or any other property in the digital copy of the world, to which they have rights after receiving airdrops, purchasing the corresponding NFT on the market, or official ownership rights. In the early stages of the game, the first users receive a wide range of freedom to claim digital real estate as pioneers and discoverers of the digital side of the Metamorphosis world.