September 2020 Uquid Monthly Crypto Report.

Uquid
3 min readSep 30, 2020

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Hello, Uquidian!

We are pleased to present our 01-September-2020 to 30-September-2020 monthly crypto report!

With the monthly report, We want to bring you up to speed on what is new in the Uquid Ecosystem, and Uquid’s Team will connect you with the latest Crypto project and introduce you all new Defito Ecosystem.

For September, we introduce the following projects :

  • Defito Ecosystem
  • Defito (DTO)
  • Defi Shopping Stake (DSS)

Defito Ecosystem

The trouble with many current DeFi projects is that while they eliminate traditional institutions from the mix, they instead transfer ultimate control over to a select group of insiders who have their financial motives and agendas. It’s an arrangement that’s ripe for abuse, and something that should be anathema to anyone who believes in the real promise of DeFi.

But now, there’s a DeFi solution that’s on a mission to deliver where so many others have failed. It’s called the Defito (DTO), and Defi Shopping Stake (DSS) is designed to be a platform that is a Bridge between Defi and E-Commerce.

Below are the key highlights of our report:

  • New Active Users: 6K +
  • Digital product Sales with DSS and Uquid grow 65%.
  • Uquid achieves its all-time high: $8.36 and Gain 275.32 % this Month.
  • Defi Shopping Stake (DSS) is listed on Uniswap for Swapping.
  • Defi Shopping Stake (DSS) is listed on OMGFIN Exchange with DSS/BTC Pair.
  • Defi Shopping Stake (DSS) is listed on IndoEx Exchange with DSS/BTC, DSS/ETH, and DSS/USDT Pairs.
  • DSS tokens saw trading volume increased in all Exchange and Uniswap.
  • Uquid has ranked #127 on CoinMarketCap and Rank #126 on CoinGecko.

Defito Ecosystem Release New Key Benefits :

  • Shopping Mining and Shopping Staking function.
  • Shop at Shop.uquid.com and get DSS as a reward.
  • DSS will be traded on OMGFIN Exchange, IndoEx Exchange, and Swapping on Uniswap.
  • Introduce Burn Mechanism & Governance (Explain Brief in Below)

*Introduce Burn Mechanism & Governance

Token Vote: The community has some right to vote for a burning token from the shopping treasury. If they want a token keep for further development of the reward system or Burning for growing value of DSS.

Burn Mechanism

  • Burning Mechanism work only for DSS, Not for DTO.
  • DSS reward will be spending in Uquid Digital Shopping for Payment. The same Amount in the Uquid Shopping treasury will burn.

Governance

  • Burning Mechanism is work based on governance (Annual Voting).
  • DTO holders has the right to vote for burning DSS in the treasury.

Official Website: Uquid.com and shop.uquid.com

Instagram : Shop.uquid

Telegram Channel: uquidcoinofficial

Twitter : uquidcard

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Uquid
Uquid

Written by Uquid

Leading in Web 3.0 shopping platform with over 160M products. Shop to Earn, exclusive deals, Payin3 with Crypto. Explore more: http://linktr.ee/uquidofficial

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