November was another big month as we saw Qredo achieve some significant milestones - including the introduction of our new fee model and the gradual rollout of PowerSwap!
Check out our monthly recap below for all the highlights!
QREDO 🤝 ANKEX
We are proud to support Ankex, a new hybrid exchange offering high-performance derivatives trading from the security of the Qredo wallet.
Ankex is expected to be launched in early 2023 -Join the waitlist here。
Recent events have drawn attention to the major security and performance tradeoffs investors are forced to accept when trading on CEXs or DEXs. Ankex solves this problem, combining the advantages of a centralized trading venue with the security and control offered by a non-custodial, decentralized exchange.
Ankex users will be able to trade from their self-hosted wallets, accessing a variety of sophisticated derivatives trading options. And, since the Qredo wallet is on Qredo's own layer 2 blockchain, Ankex users will be able to verify transaction solvency at any time.
About Ankex:
The Block Exclusive: Qredo-Incubated Hybrid Crypto Exchange Launches
The charging mode is online💸
We have now introduced Qredo service fees.
The Qredo service fee supports the continued development of the network and increases the utility of the Qredo token (QRDO).
Paying fees in QRDO unlocks a 15% automatic fee discount for Qredo users, increasing demand for the token and adding new utility. Also, most of the QRDOs used to pay fees will be destroyed!
Learn how to calculate fees and top up your Qredo Station
POWERSWAP is here! 🚀
Qredo is excited to launch PowerSwap; a new tool for trading Qredo Token (QRDO) using USDT within the Qredo Network - powered by your own governance anddecentralized hostingUnprecedented security support.
This new tool for trading Qredo tokens (QRDO) with Tether (USDT) is currently rolling out to the most active Qredo users. (Soon to be available to all Qredonians!)
Qredo NETWORK 🌐
Token Burn 🔥
November 7,We burned another 16.8 million QRDO, approximately representing the number of tokens vested in October. This brings us past the 100 million QRDO burned milestone.
As we burn 25.4 million tokens on December 12th, marking ourMore QRDOs Burned Than Entered Circulation for the Fifth Month in a Row。
In total, we have now burned 140 million QRDO in 2022, reducing the total supply by 14%!
Read more about our tokenomics measures
Qredo data 📊
🚀 Month-on-month growth in new Qredo accounts: +125.34%
📈 Trading new account month-on-month growth: + 38.51%
💪 Qredo Web3 Wallet Custody Assets (AuC) increased by +3.58% month-on-month
QRDO Staking bonus 🎁
Qredo offers annualized 10.1% weekly staking rewards.
Additionally, our automatic staking bonus program offers an additional 5.05% APR until December 31st. (open to new and existing deposits).
Of course, those who started staking on the network in July can still expect to receive a six-month staking bonus equivalent to nearly 18% annualized.
💸 Deposit and Earn!
Products 👩💻
Qredo x WalletConnect 🚀🚀🚀
After implementing the early adopter program feedback on our Wallet Connect integration, we are now rolling out Qredo x Wallet Connect in batches starting from the top of the waitlist.
If you're on the waitlist, you'll be notified when you're next in line!
at the same time,Waitlist remains open, so if you haven't already, you can still join, or earn QRDOs by referring friends who also sign up. 🎉
📺 Seminar
Self-custody and the path to the $300 trillion cryptocurrency market
Last week, Qredo'sBen Whitbyand Sweat Economy'sOleg FomenkoDiscusses how self-custody can create a more resilient digital asset industry.
Listen below orreading points, learn how cryptocurrencies are a $300 trillion market!
CeFi vs DeFi: How to survive the FTX crash
On November 29, Qredo joined Crypto and Avantgarde to discuss DeFi infrastructure after the FTX crash:
QREDO event 🤝
Hosting events is a great way to spread a sense of mission and build new relationships as we build our regional presence.
November Qredo Events:
web summit, Lisbon, Portugal – November 4th
Web Summit, Lisbon, Portugal – November 4 th
Token 2049, London, UK – November 9-10
Token 2049 brings together many industry leaders. One thing was clear from this year's event in London: the importance of decentralized governance! ⚡️⚡️⚡️
One-click subscription to QREDO activities
join us 💼
We are growing rapidly and areRecruitment for various positions. Already with 200 employees, Qredo is a remote-first team that values skills, creativity and collaboration. See if there are jobs for you or someone you know:
Qredo Vacancies👀
QREDO Podcast 🎧
Hear Qredo's growing library of panels, interviews and other great content now on our new podcast channel. Choose your channel:
blog 📝
QREDO in the eyes of the media🗞️
The Block Exclusive: Qredo-Incubated Hybrid Crypto Exchange Launches
We hope you enjoyed this overview - we'll be back again next month 📅. In the meantime, pleaseTwitterandTelegram keep in touch with us on
above!
Qredo team
Original link:https://www.qredo.com/blog/qredo-network-update-november-2022
Qredo Chinese page:qredo.com/zh-cn
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