Klever Weekly Newsletter - November 27
The past week was full of newly launched features, new Swap pairs and exciting new ways to earn in Klever through the launch of our Update 4.0.11, which is now live for Android & iOS.
Update 4.0.11 is live for Android & iOS
Update 4.0.11 is live for Android and iOS, and comes with the launch of XRP Swap pairs and many new features, including the highly requested feature of showing staked KLV value in the Portfolio screen and counting staked KLV in the VIP tier calculation for reducing Swap fees.
Additionally, we implemented a new balance swiper with token information, deep links for Swap key pairs, and a new option in the balance screen that shows all transactions. Also, the dev team implemented improvements for Klever News, our new in-app feature.
XRP Swap pairs are live in Klever Swap
XRP Swap pairs are now available in Klever app for the following trading pairs: XRP/KLV, XRP/BTC, XRP/ETH, XRP/TRX, XRP/USDT-ETH, XRP/USDT-TRON.
XRP is a digital asset built for borderless payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless, and decentralized blockchain technology that can settle transactions in 3-5 seconds. The ledger is maintained by independent participants of a global “XRP Community,” of which Ripple is an active member.
CoinMarketCap lists KLV with market cap & ranking
The world’s largest and most prominent blockchain and crypto data site, CoinMarketCap, has now fully listed KLV by having updated market cap, circulating supply, rank, trading volume, markets and more.
This comes after months of cooperation with the CoinMarketCap team to make sure they have the correct and accurate API and data fetching tools. You can visit KLV’s site on CoinMarketCap by clicking the button below.
New features: Staked KLV now shown in Portfolio
Update 4.0.11 includes a new feature that enables users to view their staked KLV in the calculation of the amount in the Portfolio screen. This is a feature that has been heavily requested by our users ever since the official launch of Klever, and we are excited it is now live for all to enjoy!
Additionally, Update 4.0.11 also introduced another feature that enables a user’s staked KLV value to be counted in the calculation of Klever’s VIP tier. This means that you can reduce your swap fees by tier leveling using the KLV that you have staked! To better understand how this discount on Swap fees works, you can access your VIP tier level and the fee table by clicking on the "VIP" button in the upper right corner of the Swap screen.
Klever votes to increase fees & burn rate on Tron
In our role as Super Representative (SR) on the Tron blockchain under the SR TronWallet, we voted in favor of two proposals increased fees for transactions with 400% on Tron, as well as the burn rate of TRX. Users now need to freeze TRX in order to enjoy zero or near-minimal fees when conducting transactions on the chain.
We see many benefits with this new fee structure, including higher burn rate and increased incentivization for users to freeze TRX. Read our full article below on this new fee structure and how you can benefit from it by earning TRX through freezing!
Friday Giveaway of 50,000 KLV
As always, our Klever Friday Giveaway is live on twitter and you have a chance to be one of the 25 lucky winners who will share 50,000 KLV! So don't miss this great opportunity and participate now be clicking the tweet below!
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