UP

“SIP-1 and SIP-2 go live this week. ➡️ The first harvest is in: $21,203.56 in performance fees claimed across 5 Superform-managed vaults. Buybacks are starting. How the fee split works: 50% of performance fees currently go to buybacks. - 20% of buyback $UP → sUP stakers (as set in SIP-1) - 30% of buyback $UP → Foundation (as $UP) The other 50% goes to Foundation revenue. ➡️ One-time Depositor Bonus: The Foundation is returning 100% of its first fee harvest directly back to the SuperVault as a thank you to our users. ➡️ SIP-2 is also going live this week: - Unstaking cooldown moves from 1 hour to 2 weeks. No more snipe-and-dump. - 500,000 $UP/month reward rate formalized. >50% APY at current staking levels. Stakers who commit get rewarded. This is what a user-owned bank looks like. The protocol earns fees. Governance decides how they flow.”