Superform

UP is the native utility token of the Superform Protocol, a multichain yield infrastructure that bundles ordered onchain actions into a single execution flow. UP is used to coordinate protocol mechanics across core components and products such as SuperVaults and SuperAssets. It can be staked to mint sUP, which is used for onchain governance over parameters such as fees, strategy approvals and SuperAsset allocation and risk settings. UP is also used for SuperVault upkeep tied to price-per-share updates, is designed to be burned during those updates and can be bonded by validators who attest to updates under protocol rules that may include slashing for defined misconduct. Superform (UP) was co-founded by Vikram Arun, Blake Richardson and Alex Cort.