Decentralized finance or DeFi is considered a paradigm shift forecasted to infiltrate every sector of economy. Early adopters are already reaping its rewards. The Ultima ecosystem is a gateway to the world of DeFi, simplifying interaction with DeFi cutting-edge tools and paving the way for a fairer future for all.
Ultima is an entire ecosystem of decentralized solutions fueled by blockchain technology. At its core lies a scalable Smart Blockchain network with high throughput and transaction speed. The SMART blockchain is based on the Delegated Proof-of-Share (DPoS) consensus algorithm, which is more energy-effective than an oldtimer Proof-of-Work algorithm used by Bitcoin. It’s not only energy effective but also effectively addresses scalability challenges faced by other blockchain systems.
The main goal of Ultima is to address diverse needs of users in their daily lives, from seamless transfers and purchases to safeguarding assets from depreciation. Backed by a team of professionals with decades of experience in entrepreneurship and IT development, Ultima has rapidly expanded to 2.8 million users spanning 120 countries.
The center stage in the Ultima ecosystem’s product lineup is occupied by DeFi-U. It’s a staking service based on the technology that empowers users to receive rewards by storing tokens in their wallets. This supports the decentralized workflow of the SMART blockchain. For storing tokens, the system rewards users with ecosystem’s tokens called Ultima.
The Ultima token is the key to all ecosystem products. Ultima is used when making transfers or paying fees for them. Furthermore, Ultima tokens play a pivotal role in upcoming products. These include a crypto debit card, able to be top-upped with digital tokens, marketplace, exchange and crowdfunding platforms. These services are currently in active development and are part of Ultima’s short-term roadmap.
Active users in the Ultima ecosystem don’t just enjoy the benefits of decentralized products; they also multiply their tokens by engaging with DeFi-U. They are not just users, they are members of an international community with tangible benefits.
To become a staker in the Ultima ecosystem, you’ll need to opt for a SPLIT license, which determines your SPLIT contract limit. From there, you can acquire a SPLIT contract, a comprehensive package containing SPLIT tokens. Stash your SPLIT tokens in the SMART WALLET and reap the rewards in ULTIMA. The more SPLIT tokens you accumulate in your SMART WALLET, the greater your ULTIMA rewards.
Ultima aims to become the global digital token and an ecosystem that’s accessible to everyone no matter their technological skills or knowledge. DeFi-U is the embodiment of this mission, breaking down barriers and offering the unique potential of decentralized finance to all.
