Klever Weekly Newsletter - December 25
KLV staking at 12% APR expires on Dec 31 before 10% takes effect for 2021. We released a simple tutorial on how to launch Ethereum dapps in Klever, while Klever News covered BTC & XRP development.
Last days for Staking at 12% APR
Stake KLV token inside the Klever App Staking feature before January 1, 2021, and keep it frozen and staked for one whole year, and you will earn 12% in annual interest rate.
KLV Staking increases the circulating supply in a calculated and rewarding way for stakers by using an inflationary smart contract. At the launch of the Klever App, Staking was possible at 16% APR for 30 days, and 12% for the remainder of 2020.
From 1 January, 2021, the rate will be 10% APR for the coming year. There is currently around 50% of all KLV in circulation staked inside the Klever app by thousands of Klever users and KLV holders. You can calculate how much you can earn in the Staking Calculator below.
Ethereum Dapps Now in Klever App
The Ethereum dapp ecosystem is now accessible through the Klever Browser following our latest Update 4.1.
The most popular dapp on Ethereum is without a doubt Uniswap V2. With over 35k daily active users and a 24 hour volume exceeding $164 million. When it comes to daily volume, there are several Ethereum-based dapps that are in par with Uniswap, including Compound, dYdX, Aave, Augur, MakerDAO, and others.
Klever Update 4.1 released last week introduced support for Ethereum dapps in Klever Browser, the built-in Web 3.0 browser inside Klever App.
Click the button below and follow the simple steps to take in order to enjoy ETH dapps in the Klever App.
Klever Blockchain: Built-in Apps
Klever Blockchain Whitepaper was released last week to the public and one of our blockchain’s main features, we are implementing a market first-on-chain applications that live inside the Klever Blockchain that can be enabled and disabled by community vote.
Instead of being a smart contracts platform, Klever Blockchain will provide prebuilt and ready-to-use functionalities for developers to build decentralized applications with. This new approach is chosen to negate the risk of bad actors attempting to use the Klever blockchain to scam people, while ensuring a higher level of security by removing vulnerable smart contracts and instead replace them with ready-to-deploy apps and features.
Klever Blockchain is the optimal solution for developers and companies that want to use the most modern and secure products on the market and still be part of a community that is undergoing extensive growth and development.
SEC suing Ripple to reverberate throughout crypto industry
The Securities and Exchange Commission (SEC) charges Ripple, two executives, with $1.3B sales of an unregistered security, a lawsuit likely to have major implications on the wider global crypto industry.
Ripple, the company backing and developing the world’s 3rd largest cryptocurrency XRP, is officially being sued by the US Securities and Exchange Commission over the alleged sale of securities in the form of XRP coins.
The SEC then made public their highly detailed lawsuit on December 22, clarifying that the financial watchdog is charging Ripple and its two top executives, Garlinghouse and Chris Larsen, with conducting $1.3 billion of unregistered securities offerings by selling XRP to retail investors.
Bitcoin Dominance Reaches New Heights
BTC dominance over the crypto market surpassed levels not seen in one year, as XRP impending lawsuit, rising institutional investor interest in Bitcoin and US relief bill all contribute to BTC's rise.
The Bitcoin dominance over the crypto market just set a new high and surpassed 70%, which is the highest point since January 13, 2020, over 11 months ago. It is a great indicator to understand BTC’s value in relation to the broader crypto market.
When BTC dominance is high, altcoins are often devalued. One major reason for the spike in Bitcoin dominance was likely the XRP sell off following the SEC’s impending lawsuit against Ripple over the alleged sale of $1.3 billion of XRP.
Klever Friday Giveaway
This is the Klever Christmas Giveaway spreading the Christmas spirit and bringing hope to our followers! We're going to add some KLV to your Christmas gifts by giving away 50,000 $KLV, which will be shared by 25 lucky winners!
So, don’t miss out! To participate, you only need to Like & RT the tweet below, and follow our official Twitter account @klever_io, for a chance to win 2,000 KLV!
Do you already know our in-app Klever News feature?
You can read all of our articles inside the Klever App by simply clicking on the news button in the lower-left tab. Try it now!
Subscribe to our Klever Newsletter by clicking the button below and join the conversation by leaving a comment.
Download Klever App