By the Numbers
- Hxro registered 1,037 new users to the platform in March. More than 4,628 users registered for the platform throughout 2020.
- Volumes grew significantly in March in both HXRO and BTC denominated contracts. This was largely attributed to the implementation of our scaled-out incentive rebate program coming online. HXRO denominated contract volume was 499,260,665 while BTC denominated contract volume was 1567.03. This equated to more than $45.6 Million of notional activity on the platform for the March period.
- Users participated in a total of 521,649 HXRO contracts and 329,518 BTC contracts for the month of March.
- Average entry per user per event was 957 HXRO with average BTC entry of .0047 BTC per user.
HXRO 100M Satoshi Competition Results
Congratulations to the winners of the 100M Satoshi Stimulus Competition!
We are currently in the process of auditing competition results. Prizes will be rewarded the week of April 6th.
What's on Tap in April
We are continuing to scale the platform at an aggressive pace. With the majority of the global population on lockdown, we feel there is no better time to be bulilding and bringing new product to our expanding global userbase.
Our April 2020 roadmap will see the following rollouts:
Hxro 2.0 user interface and trading platform:
We have completed work on a full upgrade of the HXRO front-end and user interface. We are in the final testing stages and plan to roll the platform out to our users mid-month. We’ve taken elements from some of the worlds most popular trading platforms, added Hxro’s customized products and design to create a completely new experience for the Hxro user.
New upgraded features include:
- New charting packages and decision support tools
- Faster product, time frame selection on MoonRekt digital products
- Order Manager to allow the user to manage multiple positions on multiple products simultaneously.
- On-platform Trollbox (yes the infamous “Trading Pit” will now be integrated to the platform).
- On-platform news, analytics and education portal — Hxro Labs.
- Upgraded Hxro and SuperHxro affiliate system and portal.
MoonRekt Digital Product Breadth
Beginning April, Hxro will begin to roll out significantly more indices for users to trade MoonRekt Digitals. This includes the addition of multiple crypto crosses as well as the rollout of FX, metals and various global indices.
Please check our announcements page or Twitter for the rapid updates!
OnePool
As we continue to innovate more ways to simplify the Hxro platform user experience, we are excited to announce the launch of Hxro OnePool.
OnePool is a contract aggregation technology we’ve built to allow for multi-coin entry into a single Hxro contract pool. This means that users will be able to take positions in the same pool using a wider selection of tokens.
At launch, we will initially allow for entries using either HXRO or BTC. All pools will be denominated in BTC terms (as “Sats”).
As a result of OnePool, we will now be in a position to aggressively expand the tokens that are available for use on the platform. If you have a token request, please do not hesitate to let us know!
Revised Rebate Incentive Program
We will be making adjustments to the current rebate incentive scheme in an effort to better align incentives between the user, the platform and the HXRO token.
We will be emailing our existing user-base as well as posting it on the site mid-month. If incentive/rebate modeling is a part of your platform strategy, please feel free to contact us directly so we can give you spec’s and enough time to prepare for the adjustment.
Liquidity Provider Pool Program
Hxro is pleased to announce that it will be rolling out its Liquidity Provider Pool program this month. The LPP is a program that will serve as an on platform liquidity mechanism to ensure that all contracts have a counter party.
In an instance where a MoonRekt market only has a position on one side of the market, the LPP pool will take the opposite side of the market such that the contract will go live at a 2:1 ratio (less transaction fees).
Token Market
- HXRO token settled $0.093 cents for the month of March.
- Bittrex Global will be launching HXRO-USDT effective Monday April 6th. Trading will commence at 10am PST. Please check out bittrexglobal.com for details.
On behalf of our entire team at Hxro, our thoughts and prayers are with all of you and your loved ones during these uncertain times. Like many of you, we spend each day with heavy hearts and concern for our communities and the world at large.
We sincerely encourage the entire crypto community to come together to help fight this pandemic. In serving more than 180 countries globally, the Hxro team IS a part of your community and we remain dedicated to doing our part to support you during this unprecedented moment in our lives.
Stay Safe. Stay Healthy.
-Team Hxro
If you have any questions, please join us on Telegram or contact us at support@hxro.io.
