INVERSE VERSION 2.0 LAUNCH
Hello Inverse Community,
The team is very excited to inform you about ongoing developments regarding the Inverse Project and major updates to the groundbreaking platform. In the past month, the team has spent many long hours retooling the platform in order to significantly lower gas fees and to add more features to the platform. We are pleased to report that as of the publishing of this article, we have launched INVERSE Version 2.0, and the updated platform is now live.
WHY THE UPDATE?
As always, we listened to the input from our community members who complained that the significant ETH gas fees prevented them from enjoying the full features of the INVERSE platform. Thus, we went to work. This current update lowers gas fees by more than 30%. We also added a slew of new “Chain Coins / Indexes “ (i.e BNB, DOT, ADA, DOGE) and NFT Coins / Indexes(i.e., MANA, CHZ, SAND) to the tracking vaults.
Furthermore, the new platform adds more clarity and dynamism to the UI / UX, including the ability for users to retrieve transaction history.
But this is just the beginning. We are also working on an even more significant update of the platform to lower ETH gas fees by a further 80%. In addition to this, in the next 2 months, we will be cloning the platform on Binance Smart Chain, which will lower gas fees even more.
WHAT ELSE?
ETH- BSC BRIDGE:
In addition to the launch of INVERSE Version 2.0, the project inverse team also launched a stand-alone XIV ETH — BSC bridge. Now users can seamlessly transfer their XIV from the Ethereum blockchain to the Binance Smart Chain and also trade XIV on Pancake Swap. As mentioned earlier in this article, in our attempt to continuously lower user fees and improve the platform functionality, we will be cloning the entire platform to run on the Binance Smart Chain in the next two months.
INVERSE VAULT PASS
In the next week, the Inverse team will also be launching a simple stand-alone Staking platform known as the Vault Pass. The Vault Pass is entirely separate from the Inverse Platform and simply allows users to earn a fixed APY over a 90-day period. Once the 90 days conclude, users have to re-stake their XIV in order to continue earning the APY. We are truly excited to bring our users this opportunity to earn passive yield from their XIV. More details to come after launch.
IN CONCLUSION
Once again, the Inverse team is pleased to announce the launch of INVERSE Version 2.0.
This updated platform significantly lowers ETH gas fees from the original and includes many more coins in the tracking vaults, including Chain Coins and NFT coins. We have also recently launched a XIV ETH-BSC bridge which allows XIV holders to transfer their tokens from Ethereum to Binance Smart Chain, and thus, trade on Pancake Swap.
Finally, in the next few days, the Team will be launching Vault Pass, a stand-alone platform that allows users to earn passive yield simply by holding their XIV.
These updates are just a glimpse of many more to come as we move to expand the INVERSE / XIV ecosystem. As always, we thank you all for your support.
To the Red Moon.
The INVERSE TEAM
Project Inverse
Website: https://projectinverse.com
Whitepaper: https://docsend.com/view/7q6fhtvwtygnmsse
GitHub: https://github.com/projectinverse
Medium: https://medium.com/@projectinverse
Telegram: https://t.me/ProjectInverse
Telegram Announcement: https://t.me/Project_Inverse
Twitter: https://twitter.com/inverseproject
Reddit: https://www.reddit.com/u/Projectinverse/
