Klever Weekly Newsletter – February 19

Klever Creators Program goes live and a new daily KLV burn of 100% swap fees is being implemented. Bitcoin hit a new ATH of $55k & $1 trillion in market cap, becoming the world’s 8th largest asset.

Klever Creators Program to Enable Community to Publish Content in Klever

This week, we launched the first version of the Klever Creators Program, where all Klever users will be given the opportunity to submit and publish high-quality content on Klever’s platforms, reaching millions of users globally.

The goal of Klever’s Creators Program is to promote education and community building within the Klever ecosystem, by creating a content machine, driven and powered by the community itself!

You can submit your content today by sending an email with your original content to content@klever.io, but first, it’s important to read the full article by clicking the button below to get to know what kind of content we’re searching for, the guidelines that you need to follow, and the structure of submitted content to be accepted.

New Daily KLV Burn of 100% Swap Fees

Klever has implemented a new daily burn mechanism of KLV that burns 100% of all Swap fees and removes KLV coins from the circulating supply. It means a 10x increase from the last daily burns of KLV to amount to 100% of all Swap fees collected.

With this new burning mechanism, Klever aims to achieve a deflationary model for KLV, in which the annual burn of KLV generated from Klever’s gross revenue coupled with the daily 100% Swap fee burn will jointly exceed the newly minted supply of KLV created through Klever Staking.

“The goal with this new burn rate is to improve KLV’s utility and scarcity, and as more people use our Swap and Exchange services, more volume will come through our products and more KLV will be burnt.” – Klever CEO Dio Ianakiara

New Klever Update is Live!

The new Klever App Update 4.1.5 is now available for iOS and Android bringing some changes regarding Staking and transactions following the 3.3x fee increase in the TRON Network as as result of Proposal 51.

  • Changed fee limit for TRON network transactions.

  • The new fee limit of 40 TRX is for Staking KLV (stake, claim, unfreeze & withdraw KLV) and for TRC20 send/swap transactions.

If you are using Klever Staking we recommend updating as soon as possible. After the update, you can follow this How To Freeze TRX For Energy & Bandwidth To Lower Fees tutorial.

Klever Market Update: BTC Hits 55k, KLV grows +8% in 24h, TRX up +14% & BNB +68%

The crypto market continues to see gains across the board as Bitcoin (BTC) hit a new all-time high of $55k, while Klever (KLV) rose above $0.011 to grow over 8%, while BNB becomes 3rd largest crypto.

The crypto market continues to see gains across the board right after BTC broke the psychological price barrier of $50,000 on Tuesday, February 16. Now, Bitcoin hit a new all-time high of $55,700 (at the time of writing), while Klever (KLV) rose above $0.011 to grow over 8%.

Meanwhile, Ethereum (ETH) is above $1,900 and approaching $2,000 for the first time in ETH’s history, and Binance Coin (BNB) continues its dramatic rise to become the world’s third-largest crypto with a market cap above 40 billion, growing 68% in 24h.

Bitcoin Now World’s 8th Largest Asset, BTC Approaching $1 Trillion Market Cap

Bitcoin (BTC) hit a new all-time high above 52,000 on February 17, as BTC rises to become the world’s 8th most valuable asset, closing in on the major milestone of $1 trillion by market cap.

Update: Bitcoin (BTC) hit a new all-time high of $55k reaching $1 trillion in market cap. for the first time in history (at time of writing).

Bitcoin has risen over recent months to become worth more than some of the world’s most prominent companies, banks, and multinational entities. These include JP Morgan, Visa, Samsung, Warren Buffet’s Berkshire Hathaway, Elon Musk’s Tesla, Facebook, and now also Tencent.

Read more about which world asset BTC will unseat next and why by clicking below:

Klever Friday Giveaway

We’re giving away 50,000 KLV to be shared among 25 lucky winners!

To participate, you just need to Like & RT the tweet below and follow our official Twitter account @klever_io, for a chance to win 2,000 KLV!

Do you know of our in-app Klever News feature?

You can read all of our articles inside the Klever App by simply clicking on the news button in the lower-left tab. Try it now!

Subscribe to our Klever Newsletter by clicking the button below and join the conversation by leaving a comment.


Klever.io Team

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