It’s Rare Coin’s birthday! Are you excited? We at Rarify Apps sure are! One year ago (Feb 1 2021), The 1st Rare Coin was released! This marked the first day anyone could claim some rare coin on the xdai blockchain. Since then we have made it much easier to participate in claiming one of the internet’s most rare and fair cryptocurrencies on the block by abstracting away the complexities of web3 and making it fun and easy to start earning.
Let’s recap everything that has happened since launch…
Here’s What We Accomplished this year.
Rare Coin API
Finnished: Internal API used for cross app statics, query's & future expansion and integration into other DeFi projects.
A look at the Numbers
734 Coins have been collected, with the current price trading at $53 US a coin.
Liquidity has grown 17.50X since launch growing from 4k to 34,531.12k total value locked, increasing over 1750%.
Rare Coin has 3288 active holders and Claiming App has achieved 5951 verified users.
Heres Whats Coming Next
If you thought year 1 was exciting, this year is even more exciting! The groundwork is in on the token, and now we can build out infrastructure on top of rare to infuse into the new economy. Take a look at what we got on the burner!
Easy Buy & Afflilate App
The affiliate app is near completion! The app will be released this month (February 2022) Make sure to collect your 3 coins each to earn 5% back on every referral!
New onboarding experience and methods will be added to the app.
- Instant Verification | 10 xDai for lifetime of claiming.
- Auto Verification | When Staking Over 10 xDai value
- Dao Whitelist | Method to be whitelisted by future dao hangouts.
- Third Party | Tooling for third party whitelisting expansion implementation.
Enhanced Staking Contract
Upgrade staking contract to produce true higher yield on longer stake timeframes, ability to add any approved rare pair to stake, duel reward staking, receive a deposit token used for governance or other Defi activities & ability to share fees with future dao.
Planed: Rare Coin integration in the upcoming “Cryptfolio” app used to unlock higher tier benefits.
The cryptfolio app will let you see your whole portfolio in once place from any chain or exchange! Simply enter the crypto accounts or manually enter the crypto you own to track your complete crypto portfolio in one place.
Cross Chain Train
Planed: Stand alone app built to effortlessly and seamlessly trade any currency from any chain.
( Rare Token Utilized to increases trade limits)