Ultima

Ultima is a crypto asset that trades under the symbol ULTIMA and is presented as the infrastructure token of the Ultima ecosystem. According to the project description on CoinGecko, the token is based on a network called Smart Blockchain, which runs on delegated proof-of-stake (DPoS), and was launched in March 2023; the same listing also includes a contract on BNB Chain. The white paper of the project states that the team's background began in Switzerland in 2016.

According to the white paper, at the centre of the ecosystem is a product called DeFi-U: users hold split tokens and receive daily ULTIMA rewards from the project's liquidity pools; the amount distributed is halved at set block intervals. The paper also mentions a marketplace as well as crypto card, exchange, travel and crowdfunding platforms that are under development.

The source and sustainability of the rewards depend on the project's own design; this structure has not been verified by an independent audit, and the white paper presents the strategy for supporting the token's value as a team statement. The smart contract platform label in the catalogue is a general classification. The ULTIMA price on Lzzo.com is based on DefiLlama's US dollar reference data and is for information only.