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We’re thrilled to introduce 5 new tokens on the Uphold platform. Today, we are adding tokens of some of the most exciting projects in the crypto space. Two of them are DeFi assets – an emerging form of finance which has seen hyper growth in market cap throughout 2020, reaching over $13 billion to date. 

We are now offering over 120 assets, allowing you to diversify your portfolio across cryptocurrencies, utility tokens, environmental assets, precious metals, equities and national currencies.

The Balancer and Compound protocols are fully integrated into Uphold, which means that as Tier 3 tokens, BAL and COMP are available to buy, hold, sell, deposit, send and withdraw to external wallets. DOT, FIL and SOL are currently listed on Uphold as Tier 4 assets, available to buy, hold and sell. 

 

Balancer (BAL)

BAL is the native utility token of Balancer – a DeFi protocol running on Ethereum that works as an automated market maker for multiple tokens. Balancer’s goal is to incentivize a distributed network of computers to operate an exchange where users can buy and sell cryptocurrencies. This solution ensures that no central party can make decisions about how the platform operates and disintermediates the exchange process. Learn more.

Interested? Buy BAL today.

 

Compound (COMP)

COMP is the native utility token of Compound protocol – a decentralized, blockchain-based protocol that allows users to deposit, borrow and earn interest on cryptocurrencies. Learn more.

Interested? Buy COMP today.

 

Polkadot (DOT)

DOT is a cryptocurrency playing a key role in maintaining and operating the Polkadot network. Polkadot is a network protocol (like Ethereum) which aims to enable a completely decentralized web where users are in control. It is intended to be a scalable heterogeneous multi-chain technology with the goal to incentivize a global network of computers to operate a blockchain on top of which users can launch and operate their own blockchains. Learn more.

Interested? Buy DOT today.

 

Filecoin (FIL)

Filecoin is an open-source cryptocurrency and digital payment system. The goal of Filecoin is to incentivize a global network of computer operators to provide file sharing and storage services. Learn more.

Interested? Buy FIL today.

 

Solana (SOL)

SOL is the native utility token of Solana – a cryptocurrency blockchain that supports smart contracts and decentralized applications. Solana uses a proof of stake consensus mechanism with a low barrier to entry along with timestamped transactions to maximize efficiency. Learn more.

Interested? Buy SOL today.