This week was primarily focused on the new staking feature. While we always have several things happening at the same time, the whole team was dedicated to getting staking out and working. Below is a recap of some of the major updates from week five:
Staking V1 Release
We’ve had it on the roadmap, and are glad to finally show everybody! The staking feature has been released at app.altrucoin.io/vault. It was a massive success with over 100 trillion Altrucoin being staked in the first 24 hours, and the APY soaring past 50,000%. This will adjust to more accurately reflect the rate over the coming days, but it is definitely exciting for everybody.
As a side note, there were some people that had issues with gas prices increasing on the BSC in order to use staking. We looked into it and found a solution, and will be releasing V1.02 in the coming days. You can find out more about how Altrucoin staking works here, and you can find out more about the changes for V1.02 here.
Major Twitter Promotion
One of the most important part of a new feature is the marketing for it. We knew that this was going to be a big hit, and as such, we partnered with multiple Twitter influencers to help promote the project. These partnerships will continue into the new week, and we have more coming!
A large part of engaging the community is the news that we share and the posts we make. We spend time every week working on graphics, animations, and videos for upcoming posts.
Behind the Scenes Changes
While not the most flashy, there were some behind the scenes changes that needed to happen to the platforms that the team uses. We expanded and organized the resources and planning tools that we use to keep everything running smoothly.