Freeway Friday Update — 1st April 2022
In This Week’s Edition of The Freeway Weekly Update, You Get Freeway’s Biggest Ever Product Update, Including The Launch of Freeway Token Staking, And Superchargers Hit $110 Million In Total
Inside this week’s edition of the Freeway Friday update you’ll find:
- We Hit $110m Total Superchargers
- New Freeway Web App Now Live
- New Freeway.io Website Now Live
- Freeway Referral Rewards Now Live
- Early Influencer Action About The New Freeway Platform
- Freeway Web App Launch Stats
- My Founder’s Video (That’s me, Sadie)
- Sign Up To Freeway’s Famous Friday Update For An Extra 3% Annual Rewards
- Guerrilla of the Week: Sin
- Agent Alpha On: Everything Points To MMT
- Tuesday’s AMA
Hey #FreewayFam,
This has been perhaps the biggest week in Freeway’s growth to date.
What you see in frontend improvements is multiplied in backend improvements, meaning Freeway is finally ready for mass onboarding.
This means Graham’s ace, referral rewards, easy onboarding, and much, much more.
I have felt quite emotional this week knowing that the team has worked so hard and the results are showing.
There remain some tweaks to work on, but the fundamentals are in place, and the new website and Web App have been universally welcomed as a giant leap forward.
Thank you for being part of the FreewayFam.
And please read on to discover the details about this week’s update as well as my very own founder’s video where you’ll learn what drives me and why Freeway means so much to me — because it means I can give so much to you.
Please read on…
Freeway Hits $110m Total Superchargers
Following on from our recent AIBC Asia award for Staking Platform Of The Year 2022…
Just 48 hours before the release of our brand new Web App…
I am delighted to report that we reached a milestone moment in Freeway’s growth story because we smashed our $100 million pre-new-web-app-launch target.
On Monday, we tipped just over $106 million Freeway Superchargers.
And as we stand today, we are now at more than $110m Superchargers.
We also now have more than 15,000 users.
It’s an incredible achievement and I can’t tell you too enthusiastically how much this means to me and the Freeway team and I want to take this moment to say a big, a huge, a massive thank you to everyone who is on this journey with us.
And the best news is that with this week’s update, we are now prepared for the next major phase in Freeway’s growth journey.
New Freeway Web App Now Live
The new Freeway Web App is now live with most of the features and benefits the FreewayFam has been waiting for.
These include:
- A brand new User Interface
- A change to the tokenomics meaning you need 5% of your total Supercharger value in FWT to earn maximum rewards
- Freeway Token Staking now live
- Automated deposits coming in days following the final live testing period
It’s easy to sign up and use Freeway, including staking your FWT for rewards.
Once you’ve deposited or purchased FWT on the Freeway platform, just select your preferred Supercharger for rewards and hit the stake button.
It’s as simple as two clicks and from the very next day you’ll begin earning annual rewards for 30 days.
After this 30-day staking period ends your FWT will unstake automatically.
But don’t worry, all you have to do to keep those rewards coming for another 30 days, is hit that stake button again at any time.
You can reset to the full 30 days at any time.
So, if you love logging in to check your latest rewards balance every day (we know a lot of FreewayFam do), then just hit the button every day and your rewards will keep flowing.
Annual rewards for staking FWT will start at approximately 5% and are expected to grow steadily over the next 12 months. By then, you will have received our estimated annual rewards of 15–30%.
And the rewards don’t stop there either.
Because your rewards for staking FWT are issued daily and added to your balance in the Supercharger of your choice, it means your rewards start earning rewards too.
If you haven’t already created a Freeway account, what are you waiting for?
Create your account now and begin staking FWT!
New Freeway.io Website Now Live
Besides the changes to the platform to make using Freeway easier for the FreewayFam, we also have a brand new website and new socials branding to give Freeway the image it deserves.
All new explainer materials are set to go live next week too, so it has never been easier to refer friends and family.
Freeway Referral Rewards Now Live
When you refer new users to Freeway, you’ll receive 8% of any annual rewards they earn on Superchargers for two years.
Now, the magic here is that Freeway covers the referral rewards, so your referred users get to keep their full annual rewards too.
It’s a nice and easy way for both you and your friends to earn extra rewards.
There’s no limit to the number of friends or contacts you can refer either.
The more people you refer, the greater your potential rewards.
To begin referring, simply login to your account and click the “invite friends” button.
When your friends sign up and start using Freeway, you’ll begin earning referral rewards every day for the next two years.
Early Influencer Action Covering The New Freeway Platform
It’s still early days, but in the 48 hours since we put the new platform live, influencer response has been positive.
That Martini Guy, Crypto Chapo, Tony Montana, Showtime, Bullrun Gravano, and Coach K have all been spreading the word across Twitter and YouTube as you can see below.
Some of your favourite well-known influencers are now using Freeway, so I’m sure you’ll start seeing more on this front soon.
Freeway Web App with FWT Staking Launch Stats
Incredibly, over 5.4 bn Freeway Token of our total circulating supply of 6.2 bn is now held inside the Freeway platform.
New Founder’s Video Featuring Me, Sadie
You hear a lot from me every week with the weekly update videos and newsletter, but how much do you really know about me?
In this short founder’s video, you’ll discover a bit more about my backstory, my role within Freeway, and my vision for the Freeway team as well as my dream for the FreewayFam as we continue to build the company to provide as much financial freedom to as many people as possible now and into the future.
Sign Up To Freeway’s Famous Friday Update Email For An Extra 3% Annual Rewards
With the arrival of the new Freeway Web App, comes a new model of earning the maximum 43% rewards.
How To Earn 43% Annual Rewards
It’s simple to earn the maximum 43% rewards with Freeway Superchargers, but we’ve built in a choice of reward levels to give you more access and control.
Just want our base 20% rewards? No problem, simply buy your Supercharger to participate and watch the rewards add up.
Want to boost your rewards to the max 43%?
Be our guest—just follow these simple steps below:
How to earn 20% annual rewards:
Deposit your crypto or fiat to start earning 20% annual rewards.
Earn +10% more
Choose the maximum 30 days' notice for withdrawals and earn an extra 10%.
Earn +10% more
Hold Freeway Tokens (FWT) on Freeway worth over 5% of your Supercharger balance for an extra 10%.
Earn an extra +3%
Simply sign up for our weekly newsletter to earn an extra 3%.
If you’re not already receiving our newsletter, sign up here.
If you’re in the US, please sign up to our US-only newsletter here.
Guerrilla of The Week: Sin
Sin has been documenting his journey with Freeway for many months and giving almost daily updates!
He says he is a simple man, but he is a dedicated and caring man.
We have seen this as you’ve given your updates via Twitter, to now being a fantastic help among the community also.
Helping people with their questions in the telegram rooms flooded with new users, you are always polite and always patient.
You’re a credit to the FreewayFam and thank you for being so involved with our community — and congratulations, you’re this week’s Guerrilla of the Week!
We welcome you into the promised land.
Agent Alpha On: Why Sell Risk When Everything Points To MMT?
What a quarter!
But before I move on to markets, here’s a quick summation of my view on war in Ukraine. Essentially, this looks like it’s moving to an ‘all or nothing’ strategy from both sides now.
We all ‘know’ now that Putin’s military tactics on the ground have shifted out of necessity (he’s been losing). So, what we’re now seeing is an attempt to regroup his forces, using ‘peace talks’ as a cover, and strategically trying to reinforce the East and Southern invading battle groups to and try and ‘take’ full control of the Donbas (east), and link the land corridor with Crimea (Mariupol still resisting this part of the plan). But to paraphrase here, ‘no plan survives contact with the enemy’, or in other words, Ukraine’s forces are proving too strong and increasingly so.
This is rapidly moving to a fight to the ‘death’ strategically speaking
In the last 48 hours, Russian forces have been reportedly pulling back from Chernihiv, northwest of Kyiv. There are more and more reports of villages and towns falling back to Ukrainian forces in the north (and south) and critically, overnight there has been an attack within Russia itself on the Belgorod oil depot from Ukrainian helicopter attack. This for context, is the first time since WW2 that Russia itself has been attacked by a foreign military. Ukrainian ‘offensive’ capabilities are stepping up.
Now here is the really important bit
Which allies are going to win the strategic battle? Because the Western allies are falling into three distinct camps.
The Continental players aka Germany and France are most likely pushing for a ‘deal’ with Ukraine acquiescing on territory in order to get a ceasefire in place; the Eastern European States (Poland and the Baltics) are pushing for Russia to be punished; whilst the Americans and the MOST hawkish of them all. The British are actually pushing for a total defenestration of Putin aka regime change, with Ukraine being asked/told to give nothing away and fight this all the way.
How can we ‘know’ this? Offensive weaponry deliveries and magnitude of firepower hardware are now materially stepping up from the UK and US. These countries are after regime change and the question is will the Ukrainians decide to go with this all out ‘all or nothing’ strategy or not?
This is the debate now underway, and from recent Zelensky comments (yesterday) saying they will give NOTHING in territory, I think the Ukrainian leadership are now going for broke, so Putin has no choice but to do the same.
It is very fluid of course, but what this means is that the war will be elongated and fought on every front imaginable. Indeed it already is.
So to markets
This chart below really says it all about Q1.
It shows the US fixed income durations, and the biggest flattening move ever in yield curves to start a year in US history. The inversion on the 2/10 spread (as I have written extensively on) is now at ZERO. So no matter which way you cut it, recession is inevitable. The question is how soon, and how bad?
As we enter Q2, the market debate is stagflation? Rising inflation with negative growth
I’ll provide some central bank context here.
To get ahead of the curve, the central banks will have to hike so aggressively now (and I refer to the ‘Taylor Rule’ commentary from earlier this week), that in the USA for example, to get to neutral the Federal Reserve will have to lift interest rates to c. 11.5% vs 0.25% currently.
Such moves would NOT tip economies into recession but essentially into GREAT DEPRESSIONS. We must ask ourselves a logical question, is this politically palatable? Hardly. And the next logical question is, therefore, if we cannot get to neutral or even close to it, why bother hiking much AT ALL!?
Which of course, brings us neatly back to that HIKE vs CUTS chart in the USA.
What we have now is a ‘Mexican standoff’ situation. The FED can HIKE away with markets priced for 2.36% base rate vs 0.25% currently, by the end of 2022. Only to then CUT rapidly back down again in 2023/24 with 3 rate cuts priced. It will be the shortest and shallowest hiking cycle in the FEDERAL RESERVE’s history.
Let me go very simplistic here — once again to reiterate the point.
Why sell risk when you know the FED (and ALL THE OTHER MAJOR CENTRAL BANKS), will be following the Japanese model within the next couple of years, ‘down the rabbit hole of MMT’ monetary economics?
The Japanese Central Bank is now openly engaged in QE unlimited, with the YEN collapsing basically in an effort to keep their yields capped, because they cannot afford debt servicing costs, considering their debt/GDP is > 250%.
It is only a matter of time before the central banks reverse and go FULL BLOWN QE INFINITY.
My conclusion
It couldn’t be simpler, really re: thematic stance.
Since FED Chair Powell, in November 2021, pivoted from an uber DOVE to uber HAWK stance, markets have been in an extreme state of volatility. BUT this uber HAWK pivot, partly politically motivated as the Democrats face wipe-out in the US mid-terms later this year, is an aberration. This aberration will probably last into the US mid-term elections (autumn) before the wheels openly ‘fall-off’ and policy makers pivot once again back to DOVES.
The rally in risk per se, from the March lows, is one of the most aggressive rallies in market history and stems, primarily, from the markets increasing acknowledgement of this fundamental structural likelihood increasing. Namely, that the central banks (FED, ECB, BoE and the PBoC), whilst all at differing stages, are all going in the same direction as the Bank of Japan.
At this juncture, I fully acknowledge, of course, that to say the FED is heading towards cutting rates and more QE seems insane. But it is what the forward-OIS curves are explicitly pointing to.
The S&P chart below technically shows the moving averages all turning decisively higher. The market is NOT positioned for continued upside. This is the pain trade, and the ‘pain within the pain trade’, is in the high growth technology orientated areas of the market.
So I conclude with BITCOIN, hit small in the n/t off SEC and EU developments yesterday.
The SEC is reportedly pressing firms to account for crypto assets they’re holding in wallets on behalf of customers, as liabilities on their balance sheet. While the EU voted yesterday to force all transactions > E1k to full transparency re: ownership.
Remember it’s the ‘exponential MAVs’ that pros watch. And this has text book tested, and looks likely to have bounced, off the key 200 MAV area.
What’s the ultimate message?
If we are headed en masse towards MMT, why sell equities, why sell risk? At the moment this is crackers thinking and totally non-consensual, but it won’t be in the coming year or so.
Until next week!
Alpha
Tuesday’s AMA (Ask Me Anything)
Once a week on a Tuesday at 7pm UTC, Freeway holds an internal AMA in the Freeway Telegram channel that gives the community a chance to ask direct questions with core team members.
You can find the transcript from last Tuesday’s AMA session here.
Click below to join the official Freeway Telegram group.
If you’d like to participate in the next AMA on Tuesday at 7pm UTC, where you can ask Graham anything, join the Freeway Official Telegram group here.
As always, we love hearing from you, so please join us on Telegram, follow us on socials, and if you want to hear from us and you want to hear it first, sign up for the newsletter.
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Until next week,
Sadie Hutton
Co-Founder and CEO
New to Freeway? Here’s Everything You Need To Know…
We’ve put together simple resources for people that are new to Freeway. The below articles will help you discover everything you need to know including:
- What Freeway is and how it works
- What the Freeway Token (FWT) is, how it works, and how to buy it
- What are Superchargers?
- Who is in the team behind Freeway and where they’ve worked before
- And much, much more
Freeway Offers #AccessForAll
Any eligible user in more than 150 countries can create an account for access to AuBit Prime, Supercharger products, staking FWT and Freeway Referral Rewards.
Visit our website Freeway.io to get access to Freeway now!
Some of the statements herein are not applicable to US citizens and residents. US citizens and residents must access a distinct platform with limited features, which may be viewed at www.freewaylite.us and adheres to US regulations. The statements in this newsletter are subject to change and should not be relied upon when making financial decisions. Some of the statements by third parties included herein are not necessarily endorsed by or represent the views of Freeway. You should always seek independent advice before making financial decisions or investments.
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