News
Earn Network Unveils Restaking Category: A New Feature to Compound Your Delegation Gains
The Earn Network introduces yet another category to its community-driven marketplace – Restaking. This cutting-edge feature comes on the heels of successful launches in both DeFi Staking and NFT Staking and is designed to amplify the yield on digital assets.
What is Restaking?
Restaking involves the reinvestment of staking rewards back into the system to compound gains. Together with delegation capabilities, an auto-compounding mechanism has been incorporated into the Earn Network platform, enabling a hassle-free way to see profits grow. The restake feature initially supports an array of decentralized Proof-of-Stake (dPoS) blockchains within the Cosmos ecosystem.
Unique Advantages of Earn Network’s Restaking
One of the standout aspects of Earn Network’s Restaking is the simplified staking process for supported projects with a minimal fee structure available through the platform’s dApp. In most cases, this allows delegators to keep 99% of earned rewards. Only a nominal 1% fee, or the lowest fee specified by the chosen blockchain network, is charged. Additionally, Earn Network’s validators cover all the fees for activated restaking activities. Being part of the platform’s ecosystem also offers additional benefits and perks, including the opportunity to receive the upcoming $EARN mainnet tokens.
Official Restaking Partners
In the dynamic world of decentralized finance, robust partnerships are invaluable. Some of the first official Restaking partners include: Oraichain ($ORAI), Persistence ($XPRT), Decentr ($DEC), AssetMantle ($MTNL), and Shentu ($CTK).
For a complete list of supported assets, visit the Restaking section on the Earn Network website.
Special Launch Giveaway
To celebrate this launch, the Earn Network is offering a special giveaway. Any delegation exceeding $100 through the Earn Network dApp will result in an award of 50 EARN Points, a Wealth Alchemist Discord Role and a $5 token bonus for the delegation. Moreover, the top ten delegators will earn an exclusive Investment Icon role on Discord. This offer is valid until November 19, 2023 and prizes will be distributed within seven days post-contest.
Final Thoughts
This is just the beginning of expanding capabilities within the Cosmos ecosystem. Further enhancements, functionalities and assets in the domain of restaking are under development.
News
Zetrix Launches Chinese Digital ID Identity Verification Service on ZCert
Zetrix, a layer-1 public blockchain platform, today launched a first-of-its-kind application that enables official identities of Chinese nationals (“Chinese Digital IDs”) to be authenticated and verified digitally overseas, paving the way for a seamless, efficient, and secure verification process for verifiers and identity holders.
Through the ZCert service, Zetrix now simplifies and facilitates electronic Know Your Customer (“eKYC”) processes for entities outside of China wishing to verify the authenticity of information contained in the Digital IDs presented to them by Chinese nationals.
This pioneering service has been made possible through Zetrix’s unique integration to China’s national public blockchain Xinghuo BIF.
Chinese nationals can choose to publish their Digital IDs on Xinghuo BIF and upon doing so, the data can then be accessed by verifying entities outside of China through the ZCert service on Zetrix, which operates the Xinghuo International Supernode, known as Astron.
“We are truly excited about the introduction of this cross-border Digital ID service as it enables a new wave of services powered by smart contracts. KYC processes can now be a simplified and automated process. Furthermore, user data is retained by users at all times and only critical information is shared in an encrypted manner,” said TS Wong, co-founder of Zetrix.
“Payments on Web 3 platforms can now be executed fully in compliance with existing rules. Our Chinese Digital ID application combined with Malaysia’s National ID and WorldID and future sovereign IDs, makes ZCert the most comprehensive global Digital ID solution,” he added.
“Creating cross-border trust is of great importance, especially the verification of digital identity, credentials and documents. We would like to create a trusted data channel, together with MYEG, to facilitate the international cooperation between China and Malaysia and the rest of the world in the digital age,” said Xiaoyu You, Head of International Cooperation Department of the Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (“CAICT”), which is responsible for the development, execution and implementation of Xinghuo BIF.
Leveraging on the unparalleled advantages of blockchain technology, the new ZCert service provides a more advanced, convenient, reliable and secure method of verifying identity information in real-time, thus bringing a more pleasant overall experience to identity holders and verifying entities alike when compared with conventional credential verification methods.
The immutability of blockchain means verifiers will be able to confirm that National IDs issued and accessed through the Xinghuo-Zetrix collaboration are authentic, genuine and have not been altered. This may not be the case for conventional ID cards, whether in their physical or digital image forms, as these may be subject to tampering, fraud, or forgery using image editing tools, and verifiers have no immediate, trustworthy method to assess their authenticity.
Furthermore, the new National ID verification service on ZCert takes full advantage of the Self-Sovereign Identity framework within Web3 technology, enabling identity holders to selectively disclose relevant information such as name or home address without having to share other non-relevant personal data, hence ensuring improved privacy protection. In contrast, the use of conventional ID cards in their static physical or digital image forms does not provide similar safeguards as all information are static and already openly displayed.
In addition, a significant advantage of opting for the use of verifiable digital IDs is that since they are dynamic in nature, user data can be updated by authorised issuers to reflect the most current personal information of the holder, ensuring precision and accuracy.
The launch of the Chinese Digital IDs verification facility is the latest innovation on ZCert and comes just months after it introduced a service for Chinese driving licences to be digitised and accessed overseas for verification purposes.
It is expected that the ZCert cross-border credentials verification service will be progressively expanded in the coming months to include other documents of critical importance to individuals and businesses.
More information on ZCert is available at https://www.zetrix.com/zcert/
About Zetrix
Zetrix is a layer-1 public blockchain that facilitates smart contracts and delivers privacy, security and scalability. Zetrix’s cryptographic infrastructure can be introduced to multiple industries to connect governments, businesses and their citizens to a global blockchain-based economy. Developed by MY E.G. Services Bhd, the cross-border and cross-chain integration with China enables Zetrix to serve as a blockchain gateway that facilitates global trade by deploying critical building blocks for Web3 services such as Blockchain-based Identifiers (BID) and Verifiable Credentials (VC).
Technologies
Energy Web Launches AutoGreenCharge Beta App to Decarbonize EV Charging, Secured by Polkadot
Energy Web’s innovative app enables EV owners to decarbonize charging sessions with renewable energy
Energy Web is proud to announce the beta launch of AutoGreenCharge, a mobile app designed to decarbonize electric vehicle (EV) charging. With AutoGreenCharge, users can ensure that every EV charging session is powered by renewable energy. The app is accessible to owners of popular electric vehicles, including Tesla, BMW, Mercedes, and others, bringing the promise of green charging to a worldwide, mainstream audience.
Powered by the decentralized technology of Energy Web’s EnergywebX and secured by the Polkadot blockchain, AutoGreenCharge offers a simple, secure, and verifiable solution to ensure EV charging is not just electric, but 100% renewable. By integrating renewable energy certificates (RECs), the app will automatically match EV charging sessions with clean energy, providing verifiable green charging in real time. While in the beta phase, users can familiarize themselves with the app’s core features and experience the future of EV charging firsthand.
AutoGreenCharge allows EV owners to easily connect their vehicles through a partnership with Smart Car. Once connected, every charging session is automatically tracked, giving users detailed insights into their energy consumption and environmental impact. As the app evolves toward full production, users will be able to retire real renewable energy certificates with each charging session, ensuring their cars are powered by clean, sustainable energy sources. Additionally, they will have the option to specify preferences for the type and location of renewable energy, offering personalized access to solar, wind, and other clean energy sources from around the globe.
Mani Hagh Sefat, CTO of Energy Web, shared, “AutoGreenCharge represents a major step forward in the electrification and decarbonization of transportation. By providing EV owners with a seamless way to ensure their cars are charged with renewable energy, we’re empowering drivers to make more sustainable choices and actively contribute to the global energy transition.”
AutoGreenCharge’s integration with the Polkadot blockchain ensures that every transaction and certificate retirement is securely recorded and verifiable, enhancing transparency and trust in the system. This cutting-edge app is a key development in the broader mission to build a more resilient, efficient, and sustainable energy system.
With the beta version now available, EV owners are encouraged to download the AutoGreenCharge app and start participating in this transformative initiative. The app can be easily found on the testflight Apple and Google Play Stores. As the app moves towards its full production release, users will play a crucial role in refining its features and improving the future of green charging.
For more information, users can visit Energyweb.org
About Energy Web
Energy Web is driving the global energy transition through cutting-edge, open-source, decentralized software solutions. By leveraging blockchain technology, we create new market mechanisms and decentralized applications that empower energy companies, grid operators, and consumers to actively shape their energy futures. Our mission is to build a more resilient, efficient, and sustainable energy system for all.
Blockchain
SynFutures Launches Automated Yield-Generating Feature for Margin Tokens
SynFutures (www.synfutures.com), the leading DeFi derivatives protocol, announced the launch of The SynFutures Vault on Base. The Vault enables third-party providers to deploy individual vaults for each supported margin token, bringing new automated yield-generating strategies to SynFutures’ growing community.
Trading on a decentralized finance (DeFi) protocol requires time, energy, and strategy. For traders new to DeFi or the broader Web3 space, learning to trade and take advantage of the various earning opportunities can be overwhelming. The Vault provides an intuitive, user-friendly interface that makes it easy for users to access and manage their funds, lowering the barrier to entry for participating in DeFi trading.
To get started, users deposit funds into individual vaults, which third-party providers actively manage. Individual vaults for each margin token allow users to diversify their liquidity provision across different assets, helping to reduce concentration risk in their portfolios. The funds are then leveraged to provide liquidity and execute trading strategies for the asset pairs associated with the margin token to optimize users’ returns while prudently managing the underlying risks.
Users can deposit and withdraw funds as needed (outside of vault suspension statuses), enabling them to dynamically allocate capital based on their trading requirements and market conditions. As the SynFutures platform expands to support new margin tokens, the Vault can seamlessly accommodate these additions, allowing users to increase their exposure to the evolving DeFi ecosystem continually.
“An important part of growing our DeFi derivatives protocol is educating our audience and improving the trading experience. The launch of SynFutures Vault highlights our protocol’s ability to support permissionless activities outside of asset listings and open the door to new yield-generating strategies for traders at all levels,” said Rachel Lin, co-founder and CEO at SynFutures.
In future phases, the Vault will expand to new chains as part of SynFutures’ multi-chain expansion strategy.
To access the SynFutures Vault, users can go to https://oyster.synfutures.com/#/vault/base/.
About SynFutures
SynFutures is a decentralized perpetual futures protocol that facilitates open and transparent trading on any assets and listings instantly. The V3 Oyster AMM launched the industry’s first-ever unified AMM and onchain order book model.
Backers include Tier 1 Web3 institutional investors Pantera Capital, Polychain Capital, Susquehanna International Group (SIG), Dragonfly Capital, Standard Crypto, and Framework Ventures, and the team has extensive experience at global financial institutions, fintech companies and blockchain technology companies such as Alipay, Bitmain, Credit Suisse, Deutsche Bank, Matrixport, and Nomura Securities.
Business
Your Key to Smarter Trading: Stellar Invest’s AI-Powered Platform Expands to Europe
In today’s financial world, where every decision can significantly impact success, choosing a reliable broker is key.
Stellar Invest is headquartered in Canada but is actively expanding into the European financial sector, offering cutting-edge brokerage services for investors and traders. With many years of experience in the North American market, the company has deep expertise in asset management and strategic financial consulting. As it enters the European market, the company aims to tailor its offerings to local regulatory standards and customer expectations, providing flexible solutions for private and institutional investors.
About the company:
Stellar Invest presents a revolutionary solution for modern users, combining financial services and advanced technologies, including artificial intelligence (AI), for real-time market data analysis. This allows users to receive precise trading signals and capitalize on market opportunities with maximum efficiency. Stellar Invest offers a full range of assets for CFD trading: Forex, commodities, indices, stocks, and cryptocurrencies.
As the CEO of Stellar Invest stated: “We understand that traders need more than just access to markets. They need service. Our business model allows us to grow with our investors.”
Best and unique adjusted AI system for smooth analysis of the market
Artificial intelligence (AI) plays a key role in Stellar Invest’s strategy, enabling clients to use cutting-edge technologies for more successful trading. Thanks to AI, the platform analyzes vast amounts of market data in real-time, identifying patterns and trends that are impossible to detect manually. This gives traders the ability to react more quickly to market changes and make more informed decisions. Additionally, the AI system helps clients by providing personalized recommendations based on their trading habits and goals.
In conclusion, Stellar Invest is more than just a broker. It’s a comprehensive system for traders, combining technological innovations, an experienced analytical approach, and broad trading opportunities on global markets. The use of AI, the advanced Stellar Invest platform, and the variety of assets make them an ideal partner for those seeking success in the world of finance.
Website: https://investstellar.com/
News
Forgotten Playland Is Launching on the Epic Games Store This November
Forgotten Playland is coming to every single gamer out there! At the start of the summer we hinted at something epic. After much preparation, we have finally announced that Forgotten Playland will be available on the Epic Games Store this November. Enough said, time to add the game to your wishlist right away!
The current version available is merely a glimpse of the game that will be released on Epic, with close to 20 party games, new features and utility for the $FP token.
Join us as we reflect on everything that has taken place since we first opened the gates, what that taught us and where we are today.
What to expect in the Epic launch?
With a launch on Epic, we have to come in epic, right? The team worked tirelessly over the past months to bring an entirely new experience for Forgotten Playland. It’s fresh, it’s exciting and there are multiple new game features. What can you expect?
- New party games – Many more are coming, but we can already reveal that we’ll have close to 20 party games.
- Player progression – Show off and reach the highest level.
- Daily/weekly quests – Making players come back, every day and week.
- In-game store – Make your PlushKyn shine
- Fluffy Points – Wait, what’s that?
- PlushKyn Battle – Are you the top-PlushKyn of them all?
- $FP token utility – The $FP token will form an important part of the game ecosystem like the in-game store currency.
Reflection brings perfection
It feels like yesterday since we first introduced Forgotten Playland to the world. Coming out of the pressure cooker of Vermilion Studios, Forgotten Playland saw the light and was immediately embraced by a passionate bunch. Initially launching with merely a handful of party games, we were excited to welcome everyone into the attic.
The first reactions were positive. Especially at the events we visited such as GDC, Gamescom and the Beam community event, people were having a really good time playing against one another and seeing the potential. Shortly after the initial phase of excitement though, realization kicked in where we started to notice how we could’ve approached things differently.
The players came. We’ve had thousands of people come into Forgotten Playland and enjoy themselves, but only a small amount of those people came back. Not always having players present to play with, or simply not having retention features implemented made players uninterested in coming back. What did it bring us though? A lot of data points.
Let’s bring in the gamers
After some serious reflection upon ourselves in the past couple of months, we realized that it’s time to hit the ground running. We do have something special in our hands here, as we have been hearing over and over, but some essential ingredients were missing to serve it out to the masses. Confidently, we feel that with this Epic release, we’re ready for the gamers.
“We can’t wait to bring Forgotten Playland fully to the masses. After months of hard work, the light at the end of the tunnel is almost there. Epic will be our right hand in truly helping us bridge the gap between web2 and web3. We’re truly only getting started” – Bram Janssen, Co-Founder Forgotten Playland.
In the next few weeks we’ll be diving deep into a wide range of topics that dissect everything that has been cooking behind the scenes. We thank you all for being with us from the very start, and can’t wait to welcome you all into the renewed version of Forgotten Playland.
News
ONA Community: Emory Callahan Announces New Initiative to Transform Investment Education
ONA Community is excited to announce a new initiative aimed at revolutionizing investment education through advanced technology. Founded by Emory Callahan, a highly regarded expert in the financial sector with over three decades of experience, ONA Community is dedicated to guiding investors on their journey toward financial freedom. This initiative will assist investors around the globe in navigating the increasingly complex landscape of financial markets with enhanced clarity and confidence.
At the core of this announcement is ONA Community’s commitment to delivering personalized investment advice tailored to the unique needs of each investor. By integrating advanced technology, the organization ensures that both novice and seasoned investors receive valuable insights that can significantly impact their financial decision-making processes. This approach empowers users to make informed choices based on individual risk tolerances, investment goals, and market conditions.
In conjunction with this initiative, ONA Community is launching an extensive year-long educational program designed to cover a wide array of investment topics. This initiative aims to equip investors with the knowledge necessary to navigate the market confidently and competently. From understanding market trends to mastering investment strategies, the curriculum fosters a deep understanding of the financial landscape, enhancing individuals’ ability to make sound investment choices.
Looking ahead, ONA Community has ambitious plans for growth and expansion. The organization seeks to establish itself as the largest investor community in the United States while broadening its reach on a global scale. This strategic vision is aimed at enabling a diverse audience of investors to benefit from state-of-the-art technology and educational programs essential for achieving investment success. By creating a robust community of learners, ONA Community aspires to cultivate a culture of informed investing.
Trust in ONA Community is built upon its expert educational team and the continuous evolution of its offerings. The organization prioritizes the delivery of essential tools and resources, empowering investors to mitigate risks while maximizing potential returns. By staying informed about market trends and insights, investors are better equipped to pursue opportunities for wealth growth and security. ONA Community’s emphasis on education ensures that individuals can adapt to changing market dynamics, making them more resilient in their investment pursuits.
In a commitment to transparency and community engagement, ONA Community invites investors to explore its diverse range of educational offerings and innovative solutions. The platform nurtures a collaborative environment where individuals can connect, share insights, and expand their financial knowledge. By creating a space for open dialogue and shared experiences, ONA Community enhances the overall learning experience, making it a dynamic hub for aspiring investors.
In conclusion, this new initiative marks a significant milestone for ONA Community. It represents more than just a new program; it embodies a movement dedicated to empowering investors through the integration of technology and education. With a clear vision for the future, ONA Community is poised to lead the charge in transforming how individuals approach investment education and financial management. By combining innovative solutions with comprehensive educational resources, the organization is setting new standards for what it means to be an informed and successful investor in today’s fast-paced financial environment.
News
EquityGates Collaborates with MetaTrader 4, Bringing Exceptional Trading Technology to Customers
EquityGates, a top provider of innovative trading solutions, announced today a strategic partnership with MetaTrader 4, the world’s most popular online trading platform. This collaboration marks a significant milestone for the company, as it aims to deliver cutting-edge trading technology to its clients worldwide.
Strategic partnership to empower traders
MetaTrader 4 is renowned for its advanced features, user-friendly interface, and robust trading tools, making it a preferred choice for traders of all levels. By integrating MT4 into its platform, EquityGates is providing its clients with access to a robust and reliable trading environment that can elevate their trading experience.
“We are more than happy to join forces with MetaTrader 4, a platform that has a proven track record of excellence,” said Madeline Hemch, EquityGates spokesperson. “This collaboration aligns perfectly with our commitment to giving our clients the best-in-class tools and resources. We hold a firm belief that MT4’s advanced features and reliability will greatly benefit our members and help them achieve their trading goals.”
With the addition of MT4 to its platform, the brand allows clients to access a wide range of advanced trading features. These include automated trading strategies through expert advisors, customized market analysis tools with custom indicators, fast and efficient trading with one-click trading, and convenient access to trading accounts from anywhere using mobile trading.
In addition to that, the software’s advanced order execution capabilities, combined with its low-latency infrastructure, ensure that trades are executed quickly and accurately. At the same time, MT4’s built-in risk management tools assist members in protecting their capital and managing their positions effectively.
“We are confident that this collaboration will be mutually beneficial,” continued Hemch. “Leveraging the strengths of both EquityGates and MetaTrader 4, we are able to deliver top-notch value to our users. We are genuinely excited to see the positive impact this move will have on the trading community.”
As a result of this partnership, EquityGates is poised to become a preferred choice for traders seeking a comprehensive and reliable trading platform. By combining the power of MT4 with its own expertise, the brand can offer clients a trading experience that is cutting-edge and personalized simultaneously.
About EquityGates
EquityGates has established itself as a premier platform that provides traders with a seamless gateway to the dynamic world of global financial markets. With a user-friendly interface and robust features, the firm empowers individuals to confidently buy and sell various assets, including cryptocurrencies, stocks, commodities, and more.
Its commitment to transparency also ensures that clients have access to clear information about fees, market conditions, and other relevant factors. Last but not least, the company’s dedicated support team is always available to assist traders with any questions or concerns.
Altcoins
Elixir Games Announces $KIDEN IDO Launch for Third Person Adventure Shooter RoboKiden
Elixir Games today announced the Initial DEX Offering (IDO) for $KIDEN, the official token of the RoboKiden ecosystem. The IDO is set to launch on September 30th, 2024, offering players and fans an opportunity to participate in the game’s economy and enhance their gaming experience.
RoboKiden is an innovative blockchain-based game where $KIDEN serves as the core token and in-game currency. Players use $KIDEN to purchase lootboxes containing NFTs of varying rarities, which can be used in battles to earn more $KIDEN as rewards.
“The $KIDEN token empowers RoboKiden players to fully engage with our Web3 ecosystem, enhancing gameplay and rewards, including unique assets that change the gameplay experience,” said Carlos Roldan, CEO and founder of Elixir Games. “This IDO is a pivotal step in our commitment to innovative, player-driven gaming experiences.”
As the lifeblood of the RoboKiden ecosystem, $KIDEN empowers players to access various in-game features, acquire NFTs from the marketplace, and enhance their gaming experience. This symbiotic relationship between the game and its token offers players strategic depth, exciting progression opportunities, and the ability to build valuable, dynamic asset collections, enriching the overall gameplay.
Key features of $KIDEN include:
- In-game Progression: Upgrade weapons, skills, and bots, and unlock new capabilities like emotes, kill bands, and more.
- Earn Free NFTs: Complete daily quests and advance through the season pass to earn $KIDEN and unique skins.
- NFT Store: Purchase NFTs directly from the in-game store, equip them, and use assets to farm $KIDEN while playing.
- Deflationary Mechanism: In every game, 2.5% of the $KIDEN tokens in circulation are burned, helping to maintain a balanced token economy.
IDO Participation Details
To participate in the $KIDEN IDO, users will need to hold a role within Elixir Games. Each role provides different levels of access and benefits within the Elixir Games platform. The IDO will be conducted in multiple rounds:
- Tier Holders Round: 300,000 USD available for allocation, guaranteed for verified accounts with minimum staking tier
- NFT Holders Round: For Elixir Flask NFT Holders, with minimum participation and maximum allocation
- Tier Holders FCFS Round: If tokens remain, allocations multiplied by a factor (usually x3 or x5)
- Public Round: Open to all users with approved Elixir account and KYC
To participate in the IDO, users need to create an Elixir account and complete the KYC process.
For more information about the $KIDEN IDO and to participate, visit https://elixir.games/launchpad/kiden.
About Elixir Games:
Elixir Games stands at the forefront of the game distribution industry, with a strong focus on developing Web3 gaming infrastructure. Committed to innovation and excellence, Elixir Games has emerged as a leader in the gaming sector, consistently prioritizing player-centric experiences.
News
Brighty App Launches Innovative Crypto Earning Cards
The Brighty App project just announced the update of its new crypto-earning cards. The feature comes with the chance of earning up to 5% APY on the stablecoin balance linked to the Brighty Visa cards. This serves as an additional earning feature to the Brighty Earning Vaults, where users earn up to 10% APY on their digital assets stored in vaults.
This card-specific earning feature is new to the fintech market. With the Earning Cards, the funds linked to Brighty Cards will automatically earn in USDT, with the rewards saved inside a Rewards Box that allows free withdrawals at any time.
New Crypto Earners’ Tools
The Brighty app is releasing a new update focused on providing users with more earning opportunities.
Brighty Earning Cards are an innovative way for users to leverage and get more from their money. By issuing a Brighty Visa card and linking it to a stablecoin account in the app, users can receive up to 5% APY daily on the amount linked to the card.
Only one card per account can earn;if the user has two cards, one must be linked to USDT and the other to USDC in order to earn on both. The card earning rate depends on the subscription plan the user has.
Users receive daily earning payouts in USDT in their Rewards Box. All the rewards are available in this box, and to provide even further benefits – once the Reward Box has USDT 10 in it, it starts earning at the APY percentage of the Earning Vaults (that’s up to 10% APY). The rewards can be withdrawn for free, anytime.
While the earning feature is an automatic addition to the payment cards, users can opt out of it if they prefer.
Brighty App At A Glance
Brighty app bridges the gap between the security of traditional finance and the utility of digital banking, making it as simple to use cryptocurrencies as it is fiat money. Here’s an overview of the services users can expect from the app:
- Accounts: Fiat and cryptocurrency accounts enable users to manage their funds. Available cryptocurrencies include, among others, BTC, ETH, ADA, XTZ, USDT, and USDC. It is also possible to open a fiat-based account on Brighty, such as EUR.
- Transfers: Transfers have become effortless through bank transactions made with SEPA and SWIFT for fiat-based transactions. There’s also the possibility of sending and receiving money fee-free through in-app transfers on Brighty.
- Exchange: The app provides instant currency exchanges between accounts, be it fiat-to-crypto, crypto-to-fiat, or even pegged currencies at a 1:1 rate.
- Payment Cards: Virtual and physical debit Visa cards linked to both fiat and crypto accounts for in-store, online, and contactless use.
- Earning Cards: The same payment cards, but better. The cards linked to stablecoin accounts such as USDT and USDC will receive up to 5% APY paid daily. The earning rate will depend on the user’s subscription plan.
- Earning Vaults: The app provides earning vaults with up to 10% APY for cryptocurrencies such as ETH, ADA, XTZ, USDT, and USDC. EURT and EURA are also available. The Earnings Card and Earning Vaults are some of the key innovations at the core of the Brighty App ecosystem. It creates a central place for users to maximize the potential of their assets in a consistent and reliable manner.
Users can expect higher yields from those pools compared to conventional interest rates. The current APY rate on vaults is up to 10%, making it easy to outperform inflation in most countries. Rewards generation works on a daily basis.
About Brighty
Brighty is an all-in-one finance app that simplifies the way people manage their money. With Brighty users can pay anywhere, send money instantly, earn automatically and manage their funds – all in both fiat and cryptocurrencies.
Brighty also offers virtual and physical payment cards, special yield-generating earning vaults and many other great features to make their life easier.
As a fully regulated enterprise, Brighty holds a license for crypto exchanges and a license to act as a custodian of digital assets.
Being a member of the Financial Services Standards Association (VQF), Brighty in Switzerland follows strict quality and professional criteria. This ensures customers can rely on a trustworthy and safe financial service.
News
Brighty App Launches Innovative Crypto Earning Cards
The Brighty App project just announced the update of its new crypto-earning cards. The feature comes with the chance of earning up to 5% APY on the stablecoin balance linked to the Brighty Visa cards. This serves as an additional earning feature to the Brighty Earning Vaults, where users earn up to 10% APY on their digital assets stored in vaults.
This card-specific earning feature is new to the fintech market. With the Earning Cards, the funds linked to Brighty Cards will automatically earn in USDT, with the rewards saved inside a Rewards Box that allows free withdrawals at any time.
New Crypto Earners’ Tools
The Brighty app is releasing a new update focused on providing users with more earning opportunities.
Brighty Earning Cards are an innovative way for users to leverage and get more from their money. By issuing a Brighty Visa card and linking it to a stablecoin account in the app, users can receive up to 5% APY daily on the amount linked to the card.
Only one card per account can earn;if the user has two cards, one must be linked to USDT and the other to USDC in order to earn on both. The card earning rate depends on the subscription plan the user has.
Users receive daily earning payouts in USDT in their Rewards Box. All the rewards are available in this box, and to provide even further benefits – once the Reward Box has USDT 10 in it, it starts earning at the APY percentage of the Earning Vaults (that’s up to 10% APY). The rewards can be withdrawn for free, anytime.
While the earning feature is an automatic addition to the payment cards, users can opt out of it if they prefer.
Brighty App At A Glance
Brighty app bridges the gap between the security of traditional finance and the utility of digital banking, making it as simple to use cryptocurrencies as it is fiat money. Here’s an overview of the services users can expect from the app:
- Accounts: Fiat and cryptocurrency accounts enable users to manage their funds. Available cryptocurrencies include, among others, BTC, ETH, ADA, XTZ, USDT, and USDC. It is also possible to open a fiat-based account on Brighty, such as EUR.
- Transfers: Transfers have become effortless through bank transactions made with SEPA and SWIFT for fiat-based transactions. There’s also the possibility of sending and receiving money fee-free through in-app transfers on Brighty.
- Exchange: The app provides instant currency exchanges between accounts, be it fiat-to-crypto, crypto-to-fiat, or even pegged currencies at a 1:1 rate.
- Payment Cards: Virtual and physical debit Visa cards linked to both fiat and crypto accounts for in-store, online, and contactless use.
- Earning Cards: The same payment cards, but better. The cards linked to stablecoin accounts such as USDT and USDC will receive up to 5% APY paid daily. The earning rate will depend on the user’s subscription plan.
- Earning Vaults: The app provides earning vaults with up to 10% APY for cryptocurrencies such as ETH, ADA, XTZ, USDT, and USDC. EURT and EURA are also available. The Earnings Card and Earning Vaults are some of the key innovations at the core of the Brighty App ecosystem. It creates a central place for users to maximize the potential of their assets in a consistent and reliable manner.
Users can expect higher yields from those pools compared to conventional interest rates. The current APY rate on vaults is up to 10%, making it easy to outperform inflation in most countries. Rewards generation works on a daily basis.
About Brighty
Brighty is an all-in-one finance app that simplifies the way people manage their money. With Brighty users can pay anywhere, send money instantly, earn automatically and manage their funds – all in both fiat and cryptocurrencies.
Brighty also offers virtual and physical payment cards, special yield-generating earning vaults and many other great features to make their life easier.
As a fully regulated enterprise, Brighty holds a license for crypto exchanges and a license to act as a custodian of digital assets.
Being a member of the Financial Services Standards Association (VQF), Brighty in Switzerland follows strict quality and professional criteria. This ensures customers can rely on a trustworthy and safe financial service.
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Altcoins2 weeks ago
Degentralized Funancial – DEGFun Revolutionizes Microcap Trading with Groundbreaking DEX Framework
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Technologies2 weeks ago
Omnity and Osmosis Partner to Bring Internet Computer to Cosmos
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Business2 weeks ago
Outlier Ventures and Camino Network Join Forces Ahead of CAM Token Launch
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Altcoins2 weeks ago
Introducing Cookpad: Your Recipe for Effortless Crypto Project Creation
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Altcoins2 weeks ago
Harbour Investment Partners Introduces Tax-Efficient Investment Strategies for High Net Worth Individuals
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News3 weeks ago
edgeX: The Disruptor of the Centralized Derivatives Trading Landscape
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Altcoins2 weeks ago
YouHodler Expands Web3 Fintech Innovation with the Launch of Native Utility Token $YHDL
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Altcoins1 week ago
Web3 Social Phaver Launches $SOCIAL Token to Power the Creator Economy of the future