Another week, another Bitcoin breakout, and another round of developments at NewsCrypto.
The biggest one this week is definitely the cross-chain swap that we enabled on our website. As NWC is now a cross-chain token, available on Ethereum and Binance Smart Chain, apart from its native blockchain Stellar, we also enabled an automatic and simple way for users to swap between the different version of the token.
However, as we first need to make sure that everything works as it should with real NWC tokens and real users, we first rolled out a limited test phase, during which existing platform users can swap between Stellar and Ethereum versions of NWC. You can read more about this and learn how the swap works in our blog.
Since the cross-chain swap is likely to bring more volume to our Uniswap pair, we started a rewards program to incentivize users to provide liquidity to the NWC/ETH pair. All users who provide at least 1 ETH and 1 ETH worth of NWC to the pair by February 25th and keep it there for a month will share a monthly reward pool of $20,000 worth of NWC. For more details on this program, click here.
We’re also hard at work on improving all of our products – the mobile app, website and online platform. As the improvements we’re working on will be very comprehensive, we still have a lot of work to do and can’t announce any details just yet, but we can say that it will be one of the biggest upgrades in the history of NewsCrypto.
To further incentivize users to post more Community Predictions, which are both educational and potentially profitable to others, we’re increasing the rewards for the three best predictions more than tenfold. Starting from the next weekly round, the rewards will be 3,000 NWC, 2,500 NWC and 500 NWC.
This week’s content has been focused on the most relevant events in the world of crypto. The weekly How-to Crypto explained the basics of what a bull run is and how to trade it, while the crypto report covered Bitcoin’s run and the increasing interest in crypto among institutional investors. The TA report covered 1INCH, a trending DEX token, and the FA report looked at the Ocean protocol, a decentralized data marketplace
You're always welcome to contact us and ask anything here: https://t.me/NWC_PublicChat
All the best, NWC Team