We're excited to share the latest updates and happenings from our team! Each month brings fresh opportunities, milestones, and stories worth noticing, and we're here to keep you in the loop. Let's dive into the past month's highlights and set the stage for what's next!
2024 Recaps
At the end of last year, we prepared overviews of all the most important things that happened with Qoda Finance and our products in 2024. Read them to get a generalized view of development, business, marketing, and community:
Qoda DAO: Rewards Distribution
The distribution of the staking rewards started in December.
2.25% of the total supply of $QODA tokens will be distributed over two years, beginning with Epoch 1 on December 1, 2024.
A total of $QODA 308,219 will be distributed per epoch for 73 epochs, starting from Epoch 1. These rewards will be distributed to Qoda DAO Members based on their $veQODA ownership at the end of an epoch.
Each epoch lasts for 10 days. When rewards are distributed for a particular epoch, they become available for claiming immediately after it ends. So, if you haven't yet, you can claim available rewards for the past epochs now.
To claim your rewards, go to the DApp: https://dao.qoda.fi, connect with the wallet from which you staked your tokens, and click "Claim."
Find the full announcement and FAQs here: https://qoda.fi/blog/initial-rewards-distribution
3Balance V2
We are implementing 3Balance V2 with some vast upgrades that users have heavily requested. These include cross-chain rebalancing, multi-account rebalancing, support for meme coins, and a better mobile UX. The first updates will be shared in January.
Qonstant Market Operations Ceased
https://qonstant.fi/ USDC Market matured at the end of December. No new markets will be launched.
The protocol will continue to function but without new markets. You have ample time to withdraw collateral or redeem tokens.
The app will be taken offline on a date yet to be disclosed. Users will be informed in advance to ensure a smooth transition.
Read the full announcement here: https://qoda.fi/blog/qonstant-operations-cease.
Qommunity Updates
Our recent quest on Galxe in December gathered around 150 participants. The winners can be checked on the quest's page. We plan a new event soon, so stay tuned!
We also published a few helpful blog posts; check them out!
- What Crypto to Buy Now?
- Crypto Portfolio Management: A Definitive Guide
- The Importance Of Using a Wallet Tracker for Your Crypto Portfolio
- Managing Your Emotions in Crypto Trading and Investing
Monthly Updates Turn Two!
The very first edition of our Monthly Updates series was published two years ago! We have come a long way and continue to develop our products, bringing real value to the crypto world. Thank you for supporting us.