Wixpool LTD, 167 City Road, London (2026)

05/10/2023

⚡️ Dear Participants,

We want to share vital information regarding our financial operations. Regrettably, our exchange aggregator, Paykassa, has been blocked from serving corporate entities in the United Kingdom due to a directive from the country's Financial Conduct Authority (FCA). This directive mandates all companies operating within its jurisdiction to report legal entities. Unexpectedly for us, Paykassa fell under this classification, blocking our key wallets, including those linked to the WRS system.

Additionally, issues have arisen with the WRS algorithm, raising concerns due to a trend toward decreased decentralization and potential risks for several DEX platforms. As a result, we have ceased collaborations with key DEX partners.

We recognize the reputational risks this crisis has caused. In the initial stages of the problem, we needed help to quickly identify its roots, believing the cause lay in the AML checks on DEX platforms. However, continuous consultations with our exchange provider and pressure from the FCA only exacerbated the situation.

We acknowledge that we failed to inform you promptly and clearly and sincerely apologize for this oversight. Nonetheless, we have been actively working on addressing the issue and are pleased to announce that the problems with fund withdrawals have been resolved thanks to our efforts. All your assets have been successfully transferred to a new exchange provider. Our operations, including dividend payments, continue as usual.

We sincerely apologize for the inconvenience caused. Valuing your trust, we ensure such situations do not recur.

We are ready to consider any of your wishes concerning your tariff plan, whether it is to discontinue our collaboration or proceed with it.

Please reach out to our support service with any inquiries. We commit to responding as promptly as possible.

22/09/2023

🌐 Last week in Wixpool

Your weekly roundup of Wixpool news and updates!

📱 Platform statistics:
New registrations: 827
Rewards Paid Out: $991256
Total Liquidity Provided: $15610017

🔔Events:
⏺ We told us about the advantages of Wixpool against the backdrop of the mining crisis in the USA.
⏺ Long-time member of our community Mark shared his opinion on crypto investments and Wixpool.
⏺We discussed the prospects of cryptocurrency development as a means of payment.

👨‍💻 Development Updates:
🔵 Added a new algorithm that optimizes platform's routing and queuing system.
🔵 Added a new multi-level caching system.
🔵 We've successfully completed our first round of testing for our newly implemented energy-efficient systems!

19/09/2023

🧑‍💻 Wixpool at the Singapore FinTech Festival. Let's reminisce about it.

From November 2 to 4, 2022, the seventh Singapore FinTech Festival (SFF) 2022 took place, organized by the Monetary Authority of Singapore (MAS) in collaboration with Elevandi. The conference brought together 450 companies and 930 experts from two worlds: the world of traditional finance and the world of cryptocurrencies.

🎙 On three stages, 100 speakers took the floor, including:
— Vitalik Buterin, the founder of Ethereum;
— Kristo Kaarmann, the founder of Wise;
— Richmond Teo, co-founder of Paxos/BUSD;
— Konrad Rodkevich, the CTO of Wixpool;
— Adrienne Harris, the Superintendent of the New York State Department of Financial Services.

🏦 This year, discussions revolved not only around the use of blockchain in traditional finance but also the challenges faced by banks and credit institutions during crises.

💬 According to Adrienne Harris:
"Today, the traditional financial sector is increasingly turning to cryptocurrencies. While stock market prices fluctuate up and down, cryptocurrency projects are finding reliable ways to protect their users from volatility. For example, we are currently studying the experiences of projects in the crypto lending and liquidity mining space, including Wixpool, which has recently entered the scene."

In early 2022, Wixpool entered the mass market for the first time, and it now has over 30,000 private liquidity providers worldwide. More than $230 million has been placed in cross-staking in this time, and it is expected to grow by an additional 400% by the end of 2023.

💬 Kristo Kaarmann, the founder of Wise:
"Lending tokens only to the top 300 DEXes that generate stable and, most importantly, significant trading volumes is a very rational decision. And if your business depends on this trading volume, I can congratulate you — you have an immortal business. It will survive even the toughest times in the crypto markets."

15/09/2023

🌐 Last week in Wixpool

Your weekly roundup of Wixpool news and updates!

📱 Platform statistics:
New registrations: 815
Rewards Paid Out: $982455
Total Liquidity Provided: $15542952

🔔Events:
⏺ Wixpool Partners with Orca Cryptocurrency Exchange! This collaboration opens up new opportunities for Wixpool investors to access a wider range of digital assets and maximize their investment potential.
⏺Following this, continued to search for new partners to integrate and expand the WRS system.This will increase productivity and provide a range of other improvements for the system.
⏺Also Nick, one of the developers behind the WRS System, shared his remarkable journey in transforming the landscape of cryptocurrency investments.

👨‍💻 Development Updates:
🔵 We've successfully completed our first round of testing for our newly implemented energy-efficient systems!
🔵 Development team has integrated a new hardware accelerator for machine learning workloads.
🔵 We began implementing our new hybrid storage architecture, combining SSDs and HDDs to optimize cost and performance, and we're happy to report that the progress has been smooth and promising.

11/09/2023

💰 In the 3th quarter of 2023, the Profit of Wixpool Investors Reached 480% APR

Rewards for liquidity mining in the Wixpool protocol have been growing for 22 months. In the 3th quarter of 2023, they amount to 480% APR per private liquidity provider. It was reported by Connie Lam, head of CertiKShield, the scientific department at the analytical agency CertiK.

📘 According to the CertiK report, although the profitability of Wixpool tariffs remained unchanged, their ratio has changed. If at the beginning of 2023 only 24% of all assets were invested in the Ultimate and Boosted tariffs, then by November 2022 the situation had changed dramatically:

⏺ Ultimate — 720% APR, 22% of all assets deposited;
⏺Boosted — 545% APR, 37% of all assets deposited;
⏺ Progressive — 360% APR, 23% of all assets deposited;
⏺Primal — 219% APR, 18% of all assets deposited.

Thus, over the past year, Wixpool users have started to invest more actively in Ultimate and Boosted tariffs, while the share of Progressive and Primal basic tariffs has decreased.

💬According to Connie Lam:
"Due to a significant increase in investments in high-yield tariffs, the average Wixpool deposit has also increased to $7000. It indicates the gradual integration of technology into the daily lives of users who transfer more and more assets to the platform's liquidity pools."

🚹Connie Lam added that the growth in the use of Ultimate and Boosted tariffs is caused by the general instability of the cryptocurrency markets, multiplied by users' lack of trust towards centralized lenders. So, after the collapse of the Terra ecosystem, most of the users switched to Wixpool.

06/09/2023

🚹 Terra and Celsius Network users are "migrating" to Wixpool

Users of bankrupt crypto lenders Terra, 3AC, Celsius Network and Voyager are actively investing in Wixpool. It was announced on Friday by Konrad Rodkevich, CTO of Wixpool.

💬Konrad Rodkevich:
"After the news about the collapse of Terra, we noticed a massive increase in new registrations in Wixpool, and a significant part of these are former users of bankrupt crypto lenders"

🐋 It all started with "whales"
Since 2016, Wixpool has collaborated exclusively with institutional investors, such as Carillon Eagle, Three Arrows Capital and Collinstar Capital, who had some free capital to test a new direction of liquidity mining. Back then the interest among private users was minimal — no one believed in DeFi yet.

🤝Wixpool is now working with private investors
At the beginning of 2021, there was a boom in the DeFi industry, and more and more private users began to be interested in mining liquidity. In many ways, the transition to decentralized lending has accelerated the collapse of centralized lenders.

Using more than 250 pools at the same time and cooperating with 300 influential DEX (including DODO, Curve Finance, Jupiter, SushiSwap), Wixpool solves the problem of rapid decline in the profitability of pools and allows you to use only one cryptocurrency to provide liquidity.

04/09/2023

🪙WOO Network Invested $65M in Wixpool

This Monday, Wixpool received $65M in a Series B funding round. The investment was led by the WOO Network, a cryptocurrency hedge fund, as well as other interested parties - LedgerPrime, Concave and Berachain.

💬 According to Mitchell Nicholson, head of the WOO Network:
"We invest in commercially successful projects that have already proven themselves to be challenging. Wixpool is one of our favorites in this direction, one of the key investments of 2022."

🛗 Indeed, from January to August 2022, the total liquidity in Wixpool pools reached $250M, and the number of active investors grew to 30,000 people. Probably, such an active interest in Wixpool is because it offers a stable yield of 180% per annum even in an unstable market.

📈 In addition to stable profitability, Wixpool investors see the potential for the entire DeFi industry in the protocol. For example, stable Wixpool liquidity pools are great for long-term investments, which means they can generate an influx of constant and predictable liquidity for decentralized exchanges.

💬Mitchell Nicholson added:
"Wixpool is a good example for the whole industry. It increases the efficiency of capital in the crypto asset markets and allows the platform to become the main pillar of the DeFi ecosystem. It's a promising and interesting project for an investor with any capital."

02/09/2023

🌐 Last week in Wixpool

Your weekly roundup of Wixpool news and updates!

📱 Platform statistics:
New registrations: 710
Rewards Paid Out: $958176
Total Liquidity Provided: $15284167

🔔 Events:
⏺ We shared news about our innovative program - the Wixpool Global Ambassadors.
⏺ We shared insights from our in-house conference.
⏺ Decisions have been made to enter into agreements with several DEX platforms.

👨‍💻 Development Updates:
🔵 A routine monthly audit of the security infrastructure has been performed.
🔵 A stress test of our systems has been conducted.
🔵 We have begun active work on improving the compatibility and automation of our system with DEXs.

30/08/2023

🚀 Dynamic Wixpool In-House Conference: Steps Towards the Future! 🚀

🌐Today, we want to share the significant moments from our in-house conference. This event marked a powerful leap forward on our path to development and innovation!

🤝 Collaboration: The Key to Success
During the conference, we delved deep into the possibilities of potential collaboration, opening new horizons before us. We believe in the strength of partnerships and joint efforts that will help us make an even more meaningful and substantial contribution to the world of decentralized finance.

🎯 Goals and Objectives: Guiding Us into the Future
We also discussed our current goals and objectives, which form the foundation of our ongoing development. Each step, each decision we make, revolves around our goal to provide our users with the means, tools, and knowledge for a successful journey in the world of decentralized finance.

💡 Ahead – Innovations and Growth
Our aim is to be pioneers in the industry, and our journey towards innovation is just beginning. We see immense potential in further integrating technologies and developing new tools that will make the user experience even more useful and convenient.

🌟 Thanks to Our Community
We want to express our sincere gratitude to the entire Wixpool community! Your support, enthusiasm, and commitment to excellence make us strong. Thank you for being with us on this exciting journey!

🎉 Coming Soon – New Discoveries and Achievements
We're excited to share that our discussions at the conference have laid the groundwork for future discoveries and accomplishments. Stay connected to stay informed about the latest news and updates from Wixpool.

Together, we will continue to build the future of decentralized finance!! 💪🚀

28/08/2023

🚀Join the Wixpool Global Ambassadors and Spread the DeFi Revolution! 🚀

Hello, Wixpool friends! Today, we want to share important news about our innovative program - the Wixpool Global Ambassadors. This is your unique opportunity to become a supporter of decentralized finance (DeFi) and contribute to spreading this revolution worldwide! 🌐

🤝 What Are Wixpool Global Ambassadors?
It's a community of enthusiasts who share our passion for DeFi and want to share their knowledge and experience with the world. We believe that decentralized finance is the future, and we want anyone who is interested to learn about it.

💡 What Will You Learn?
By joining the Wixpool Global Ambassadors, you'll gain access to extensive knowledge about DeFi and be able to share this information with others. You'll learn how to explain complex concepts in simple terms, help newcomers understand how DeFi works, and open up a world of possibilities for them.

🌟 What Will You Get?
In addition to the satisfaction of spreading knowledge, Wixpool Global Ambassadors will have access to exclusive events, educational materials, and an internal network. You'll become part of a movement that is changing the financial industry for the better.

👉 How to Join?
Joining the Wixpool Global Ambassadors is easy! Just send an email to [email protected], tell us about yourself, and why DeFi is important to you. We're looking for enthusiasts from all over the world who are ready to share knowledge and make their contribution.

🚀 Together, We Make DeFi Accessible to Everyone!
Join the Wixpool Global Ambassadors and be part of a movement that is changing the world of finance. Let's make DeFi understandable, accessible, and successful for every person on the planet, together! 🚀

23/08/2023

🚀 Important Announcement! 🚀 Wixpool Collaborates with Apex Protocol, an Esteemed Decentralized Exchange! 🤝

We are thrilled to announce our strategic partnership with Apex Protocol. This dynamic collaboration brings forth a realm of exciting possibilities for Wixpool users, granting them broader access to a diverse range of digital assets and enhancing their investment potential. Together, our shared goal is to lead the way in reshaping the landscape of decentralized finance. 💪

Embark on a journey into the realm of decentralized finance alongside us! Join Wixpool today to explore the countless opportunities that await through our partnership with Apex Protocol. 🌐

21/08/2023

🎉 Wixpool Investor Conference Highlights 🎉

Hello, Wixpool community! We're thrilled to recap the exciting moments from our recent investor conference held at the beginning of August. This event brought together enthusiasts, investors, and experts from the decentralized finance (DeFi) space to explore the future of Wixpool and the broader DeFi landscape. Let's dive into the key takeaways from the conference:

🌐 Collaboration and Benefits:
One of the central themes of the conference was the power of collaboration. Wixpool emphasized its commitment to building a strong and engaged community. Attendees learned about the benefits of partnering with Wixpool and how their contributions can help shape the future of the platform.

🔮 The Future of WRS:
Wixpool's automated Wixpool Rate Stabilizer (WRS) protocol took center stage. Attendees gained insights into how WRS is driving stable profits for investors in the DeFi space.

🤖 AI Integration in DeFi:
A forward-looking discussion delved into the exciting integration of artificial intelligence (AI) within the realm of decentralized finance. Wixpool shared its vision for incorporating AI to enhance decision-making, risk assessment, and overall user experience within the platform. The potential synergies between AI and DeFi sparked intrigue and anticipation.

💡 Thought-Provoking Presentations:
The conference featured thought-provoking presentations that explored the intersection of technology, finance, and innovation. Attendees gained valuable insights into the trends shaping the future of the DeFi landscape and how Wixpool is positioning itself as a leader in this space.

🎊 Save the Date:
The event was just the beginning! We hinted at future conferences and updates that the community can look forward to.

🌟 Memories and Highlights:
Wixpool shared memories and highlights from the conference, allowing those who couldn't attend to catch a glimpse of the insightful discussions and networking that took place.

Stay tuned for updates and announcements on our upcoming events. Together, we're shaping the future of decentralized finance! 🚀

Wixpool LTD

05/10/2023

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