UPLAND - How to Calculate: Mint Price / Markup / UP2 Size / Monthly Earnings

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Mint price

Each Upland property has a base yield of 14.72% (rounded to 2 decimal places) per year.

This means that if your property was minted for 100,000 UPX, after one year of ownership you will have earned 14,717 UPX. Divide that number by 12 and you get

the monthly earnings of the property; in the case of our example, 1226.4 UPX.

Monthly income is always indicated on the property card. Using the formula below, you can always calculate the original price of a property. Note that there is a possible rounding error due to the fact that monthly earnings are

rounded to the hundreds.

Original Price =

Monthly Profit / 30 days/month x 365 days/year / 0.1472

Example: Mint

price (5,880) = monthly earnings (71.12) / 30 x 365 / 0.1472

(This number is slightly different from the one shown on the property card, due to a rounding error.)

Markup

When you want to buy a property on the secondary market, you want to know the markup percentage. This is calculated by dividing the sale price by the Mint price.

As an example of the above calculation, we can find the minimum price of 7,558UPX. Taking the selling price of 1,055,000 UPX , the profit margin is 1,055,000/7,558x 100% = 13,900%. This means that the owner is willing to sell the property for 139 times what he paid for it.

Please note that 

 

when buying a 

 

property on the 

 

secondary market, 

 

Upland charges 

 

a 5% selling fee from 

 

both the seller and the

 

 buyer (when selling for

 

 USD or UPX). For the 

 

seller this can be seen 

 

below in the asking

 

 price in USD, it 

 

calculates how much 

 

you will receive. 

 

That 5% sales rate 

 

essentially means 

 

you'll only get 95% 

 

of the asking price. 

 

So the asking price 

 

($540) x 0.95 = $513.

UP2 size

The UP2 size refers to the actual size of the property in the real world. 1 UP2 = 9 square meters. The UP2 number is important to know because it helps to determine the value of the neighborhood. Similar to the real world, if you have a plot in the suburbs and a plot of the same size in the center, obviously the city center will be worth more. This is also true on the Plateau. The size of the property is not always indicative of its value. Each neighborhood has its own value multiplier. The neighborhood value calculation can be done using the mint price, or if monthly earnings are unknown.

neighborhood value = coin price / UP2

or

neighborhood value = monthly earnings / 0.0121/ UP2

Neighborhood values ​​can be compared between neighborhoods and between cities to better understand the status of the city or neighborhood. Each neighborhood value is predetermined by Upland and does not always reflect real-world status.

Monthly Earnings

By rearranging the above equation, we can calculate monthly earnings from the mint price:

Monthly earnings = 

 

original price x 0.0121