The world of cryptocurrency continues to evolve at a rapid pace, offering investors new and exciting opportunities to grow their portfolios and earn passive income. The EarnPark platform, a leader in crypto investment, has recently unveiled several innovative strategies and plans that promise to enhance user experience and maximise returns. This blog post will provide a comprehensive overview of these updates, including new investment strategies, technological advancements, and upcoming features.
The second quarter of the year has been a period of significant growth and development for the EarnPark platform. With new strategies launched, partnerships established, and exciting features in the pipeline, there’s a lot to look forward to. This blog post aims to encapsulate these updates and provide a roadmap for what’s coming next.
Investment Strategies
New USDT Bonds Strategy
One of the most notable introductions is the USDT Bonds strategy, powered by Pendle Finance, which offers an impressive 20% APY. This strategy offers daily payouts and allows withdrawals at any time. It still has a one million hard cap, so please hurry up to try this strategy.
Algo Trend Strategy
The Algo Trend strategies have also performed exceptionally well, particularly in May and June. These strategies, which focus on Bitcoin and USDT, offer returns of up to 25% APY. While the potential for high profits is attractive, it's important to remember that high returns come with high risks. We encourage investors to thoroughly review the strategy descriptions or watch our explanatory videos on YouTube to make informed decisions.
Ethereum DeFi Strategy
Another exciting addition in Q2 is the Ethereum DeFi strategy. With an APY of up to 20%, it currently offers the highest yield on the market for Ethereum. This strategy is designed to provide substantial returns with minimal effort, making it an appealing choice for investors looking to diversify their portfolios.
Platform Enhancements
Rewards Lounge
In line with our philosophy of maximizing user rewards, we have introduced the Rewards Lounge. This new section allows users to earn additional income by completing tasks and achieving milestones on the platform. Unlike traditional point programs, the Rewards Lounge offers clear and tangible rewards, with users able to earn up to 610 USDT. This initiative not only enhances user engagement but also provides an opportunity to earn more on top of existing investment returns.
Apple Authentication and Mobile Apps
EarnPark has recently introduced Apple authentication to streamline the registration process. This development is part of our broader goal to launch mobile apps, a major milestone for Q3. The Apple Store has already approved our app, and we are in the final stages of preparation for its launch on Google Play. This advancement will provide users with greater accessibility and convenience, enabling them to manage their investments on the go.
Technological Advancements
Internal Accounting System
EarnPark’s technical team has been hard at work validating our internal accounting system and settlement processes with Strategy Managers. While this may not be visible to users, it is a crucial step towards eliminating manual calculations and Excel spreadsheets. This system will enhance transparency, scalability, and pave the way for future external audits and our own ledger system.
System Performance and Portfolio Analytics
EarnPark is continuously working to improve system performance and efficiency in anticipation of future growth and new features. Recent updates include balance change graphs on coin and strategy pages, which are the first steps towards comprehensive portfolio analytics. Soon, users will be able to view their portfolio growth and asset allocation directly from their main account page.
Calculator Enhancements
Recognizing the popularity of our calculator feature, we are developing a Dollar-Cost Averaging (DCA) calculator to help users optimize their investment strategies. This tool will provide valuable insights and assist in making informed investment decisions.
Upcoming Features
SWAP Feature
One of the most anticipated features in our pipeline is the SWAP functionality. This feature will allow users to convert assets directly on the platform with transparent rates and fees through 1Inch. The only fee incurred will be a standard crypto transaction fee, ensuring a cost-effective and seamless conversion process.
Buy Crypto Gateway
In response to high user demand, we are introducing a gateway for buying crypto with fiat currency. This functionality, developed in partnership with Moonpay, will simplify the process of entering the crypto market. Users will soon be able to purchase cryptocurrencies directly on our platform, enhancing convenience and accessibility.
Security and Compliance
Enhanced Security Measures
EarnPark has significantly bolstered the security of our platform in response to several attacks in the previous quarter. New measures include bot control, firewall, and DDOS protection. These enhancements ensure a safer and more secure environment for our users to invest and manage their assets.
Fee Transparency
Transparency is a core value of the EarnPark platform. We are currently researching and ideating changes to our fee and commission structure to ensure that fees are minimised and fully transparent. By accumulating per-action fees and optimizing transaction processes, we aim to reduce fees by at least 50% for users who utilize cost-effective blockchains like BEP-20.
The second quarter has been a transformative period for the EarnPark platform, marked by significant advancements and exciting new opportunities for our users. From high-yield investment strategies to innovative platform features and enhanced security measures, we are committed to providing the best possible experience for our users. As we look ahead to the future, we invite you to stay tuned for more updates and explore the new strategies and features we have introduced. Together, let's build a stronger, safer, and more profitable crypto community.