The key product of the Ultima ecosystem is DeFi-U. It’s a fully decentralized blockchain technology that allows users to interact directly with the blockchain and get ULTIMA rewards for holding split tokens.
At the core of DeFi-U are liquidity pools, a closed and self-sustaining decentralized system on the blockchain. Users themselves replenish the pool by paying for the product. The pool distributes rewards among users according to the rules laid down in the blockchain.
The amount of the ULTIMA reward depends on the number of split tokens a user has. To calculate the reward, the daily volume of ULTIMA is divided by the number of split tokens in the market. For example, if the volume is 50 ULTIMA and there is only one split token, then the owner of the split receives all 50 ULTIMA. If there are a million splits, then each split is entitled to a reward of 0.00005 ULTIMA. Thus, the owner of 1 split could get a reward of 0.005 ULTIMA daily, 10 splits – 0.05 ULTIMA, and a holder of 100 splits can claim a reward of 0.5 ULTIMA.
The entire process is decentralized and automated: the more splits a user has, the larger their reward. The blockchain issues the reward on demand: you can request it every day, or come less often and collect the accumulated amount.
The earned tokens can be used to expand the volume of rewards within DeFi-U, used in other products of the ecosystem, or sold on the exchange.
For more information about DeFi-U, watch this video: https://www.youtube.com/watch?v=f_xu72QbQbQ
Useful instructions for working with DeFi-U: