EQIFi Tech Updates - Q4 2022
Introduction
As a leading DeFi platform, we are dedicated to pushing the boundaries of innovation and providing our users with the best possible products and services. This blog post will give you a sneak peek at some of the new features and improvements we have been working on.
Keep reading to learn more about what we have in store!
Updates
There is a lot to be excited about, from adding new technology to user-friendly design updates. Listed below:
1. The EQIFi Referral Program
Our team has been working on designing a referral system where you will get rewarded for every friend, peer, or family member that joins EQIFi and starts using our platform. As we get closer to launching it, you will get all the details to be able to share the good news, so keep an eye out for these!
2. The Staking Systems
The community’s feedback is essential to us, which is why our technical team has decided to separate the Web Staking and Mobile App Staking Systems to make it easier and faster to stake or unstake. This means that if you stake on the mobile app, you will only be able to unstake from the mobile app, and if you stake on the web you will only be able to unstake on the web.
It is worth mentioning that unstaking on the Mobile App only works on the ETH blockchain, so if you wish to stake BSC $EQX tokens on Mobile, you will automatically be given ETH coins if you unstake, so if you wish to remain on the BSC blockchain you need to both stake and unstake on the Web Platform.
For more information on this you can also check out our Help Center Article on this topic:
https://eqifi.zendesk.com/hc/en-gb/articles/7909071436445-Unstaking-on-the-Mobile-App-ERC-vs-BEP
3. Mobile App
a. Add BUSD on Mobile Wallet
In addition to the existing tokens supported on the mobile app, we are excited to announce that we will soon be adding support for BUSD, Binance Dollar. This means that you will be able to easily deposit, withdraw, and make peer-to-peer transfers using BUSD, all directly from your mobile device. And that's not all - we are also working on adding the ability to invest in BSC Portfolios using BUSD, so you can easily manage your investment portfolio on the go.
b. Redesign of the Yield Screen
The Yield Aggregator screen on our mobile app will soon get a new look. This new design will make it more intuitive and user-friendly, making it easier for you to find and invest in the best yield farming opportunities.
4. Native Banking Access with EQIBank
Coming very soon is a fully integrated ecosystem between the EQIFi platform and online banking at EQIBank. You will be able to make use of banking products such as custody, wealth management, and OTC transactions, as well as continue enjoying the EQIFi product suite, all in one place!
Moving Forward
EQIFi strives to provide a seamless experience for people new to crypto and experienced investors alike. We want to make DeFi accessible to everyone and help people reach their financial goals. This motivates us to improve our products and services continually.
As we look into some of next year’s plans for us, it is worth mentioning:
1. BSC Portfolios
We will be adding investment portfolios on the BSC Chain soon after we integrate $BUSD. This new feature will allow you to easily invest in a range of new assets and take advantage of the many benefits of the BSC Chain.
2. Fixed Rate Products
We want to make the process of lending and borrowing money with EQIFi as easy and seamless as possible, which is why we will be implementing reminder for payment emails for those users who are borrowing with EQIFi, to make sure they don’t miss any due payments.
Conclusion
Several other exciting updates are brewing behind the scenes, so make sure you keep an eye out and be the first to know!
If you haven't already, make sure to follow us on social media and join our Telegram channel to stay up-to-date on all of our latest news and developments. We can't wait to show more!
Banking and DeFi. EQIFi.
Here’s to the future of finance!
The EQIFi Team.
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