Limitless

In blockchain systems, the concept of "Total Supply" refers to the maximum quantity of tokens or coins that can exist for a particular cryptocurrency. This total supply is essential for value control and aligns with the cryptocurrency's monetary policy. The amount is usually capped due to blockchain Smart Contract protocols, which typically make the creation of an unlimited number of coins challenging.

However, flexible financial systems may require the ability to adjust the supply of assets or currency to meet varying demands.

UPYY addresses this need by offering users the option to set the total issuance amount of their assets as either finite or infinite. This feature is a distinctive aspect of UPYY's approach to asset management on its blockchain.

When users opt for an "Infinite" setting on UPYY, they engage in what is called "Limitless" asset issuance. This approach allows for the unrestricted creation of assets. In such cases, asset issuers initially produce only the amount of assets they require.

Subsequently, if the asset gains broader distribution and there is a need for more, the issuer has the flexibility to create additional assets as needed. This system provides dynamic control over asset supply, adapting to market demands and user requirements.

On the other hand, if an issuer decides to preserve or enhance the asset's value by imposing a cap, the "Limitless" option can be deactivated. The issuer can then specify a maximum issuance limit, thereby controlling the total supply to maintain or increase the asset's value.

UPYY’s approach thus combines the robustness of blockchain technology with the flexibility required for effective financial management, catering to a diverse range of user needs and market conditions.