ULM (UltraLink Machine System - Next Generation Linking Machine System) is a decentralized stable credit system based on excess collateralization, operating on the UltraLink Internet of Things alliance chain and Ethereum.

ULMC, an incentive token, entitles its holders to all revenues and derivative earnings generated by the ULM system. Users holding ULM and engaging in corresponding wealth management and staking activities will be granted ULMC. Additionally, ULMC serves as the essential consumption token within the ULM system for key actions such as asset issuance, withdrawal, excess collateralization, and ecosystem development sales, which can only be executed using ULMC.