NewsBTC
2021-12-28 19:39:59

Covesting Highlights Increased Utility of COV token in 2022 Roadmap

Covesting, a European licensed DLT services provider and B2B software developer, has further highlighted the functionality and of its COV token in a new 2022 roadmap that further spells out more utility for the token. After successful launch of its peer-to-peer copy trading module on PrimeXBT earlier in the year Covesting went on to launch the full implementation of its COV token utility and functionality for users of the copy trading module to take advantage of. Now, as the company starts to look ahead to 2022, with a newly released roadmap, there is additional utility users can expect from the token next year. However, the other news from the firm is that it is launching a aYield accounts service, which allows users with minimal technical expertise to participate in the DeFi staking economy and earn a variable APY interest rate on their idle crypto holdings with only a single click. The Yield Account Service is built as a standalone software module that is available to third-party platforms for integration. This was the case with PrimeXBT, who have already implemented this service on their platform. Covesting Future Roadmap Revealed In the roadmap, there are certain mentions of new functionalities with COv, as well as other plans and even a look back on the growth through 2021. Covesting mentions that firstly, it will be allowing more users the chance to take advantage of the benefits of the COV token by reducing the require...

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.