QuiverX is a crowdfunding platform for DeFi, which tokenizes high-yielding investment opportunities.
In doing so, the project makes them available to an average investor for the first time.
It offers a well-developed ecosystem brimming with numerous products that make it highly reliable and sought after.
QuiverX is a revolutionary DeFi platform which gave birth to a variety of products, including a staking program, crypto wallet, crypto card, and more.
The DeFi sector has brought a number of the unique projects over the last year since it exploded, including QuiverX — a platform that combines the principles of crowdfunding and blockchain. Essentially, the platform’s primary purpose is to tokenize high-yielding investments and assets and offer its community the ability to invest in fractions of the assets, instead of having to purchase them whole.
This opens new opportunities for those with limited funds for investing, while it still rewards them depending on their share of the stock. In addition to that, however, QuiverX also offers a variety of very popular and useful products, which we are reviewing today.
QuiverX’s Products That Make Its Ecosystem Successful
In total, QuiverX offers seven popular products/services, which include:
- QuiverX-xReward program
- QuiverX-xEarn Governance Portal
- QuiverX-Liquidity xChange
- QuiverX-eXcel Program
Let’s start with the QuiverX-xReward program. This is essentially a staking program that offers various opportunities for users who lock up their tokens into one of the project’s numerous staking pools. It is a safe and secure way to get a sizable return on your investment.
Next, there is QuiverX-xEarn Governance Portal, which is a community forum that is available only for QuiverX token holders. The forum offers the ability to create a unique profile, vote on projects, and access an interactive chart.
The QuiverX-Liquidity xChange, on the other hand, is a P2P service that allows users to buy and sell liquidity directly. It has an auctioning function, which allows people to enter and exit positions at any time. It is simply a more profitable option for liquidity providers, and it reduces their need to exit the pool early.
Next up, we have QuiverX xWallet, which is, naturally, a cryptocurrency wallet that is safe, secure, and it supports all ERC-20 tokens. It provides rewards for token holders, it offers a swap feature that combines multiple DEXes, it lets you buy or sell tokens, increase privacy, and all other standard features of crypto wallets.
Now, when it comes to the QuiverX xCard, this is, obviously, a cryptocurrency card that can be used for payments at various merchants around the world. However, it should be noted that it will be available to users depending on their region and regulations, so not everyone will be able to use it. Those who can, however, will be able to pay with it anywhere where Visa is accepted.
So, what’s the catch? Well, in order to become eligible for the card, users have to engage in staking for at least six months. There are several different tiers, each of which requires a different amount that must be staked. For example, basic card requires you to stake 10,000 QRX for six months. In exchange, you get 1% cash back on all purchases.
The second tier is QuiverX Plus, which requires you to stake 250,000 QRX, and you get 2% cashback plus a rewards and benefits program, which includes access to Netflix, Amazon Prime, and Spotify.
QUiverX Ultra requires you to stake 1 million QRX for at least 6 months, offering 5% cashback with access to previously mentioned services, plus Uber and Apple Music. And, lastly, there is QuiverX eXcel program, which we mentioned as a separate feature due to the extreme conditions it requires. You must stake 5 million QRX to become eligible, and in exchange, you get 8% cashback on all purchases, xWallet fees waived, ATM cash access (also comes with other plans), and rewards and benefits program that includes Netflix, Spotify, Amazon Prime, Apple Music, Uber, Starbucks, and AirBnB.
Finally, there is QuiverX xATM. This is a product of the QuiverX ecosystem that will only become available in late 2021, but it will further enrich the ecosystem and promote the adoption of the token, the project’s card, and, hopefully, the crypto industry as a whole. It will offer crypto buying and selling services, as well as exchange for fiat. Also, it will support all major card providers, and there will be no fees for QuiverX xCard owners.