Ready for launch? — Phase 1
Strap your seatbelts in and push your tray tables into the upright position, UpBots is commencing liftoff!
Phase 1 marks the first stage of our full release, which is a major milestone on the UpBots roadmap. All three phases of our launch have been programmed, pre-flight tests are complete and all systems are green.
The following features are now deployed on UpBots and we have more details on all of them below:
- ETH/BSC bridge
- 3 NEW algo trading bots
- Algo bots ranking filter
- BSC staking pools
- A new homepage layout
- Upgrades to the algo bots
Additionally, our perf fees and UBXT allocation wallet are visible BUT they will not come online until we hit the launch button on Phase 3. You can think of that as final ignition.
ETH/BSC bridge
Binance Smart Chain has been a saving grace for those of us tired of the insanely high transaction costs of the ETH blockchain.
By utilizing the power of the AnySwap API, the team managed to implement a native ETH/BSC bridge. Said bridge allows users to swap ETH ERC20 tokens for BSC BEP20 tokens, conveniently from the comfort of your favorite crypto interface.
Yes Brian, we mean UpBots
New algo trading bots
Please put your hands together for the 3 new algo bots making their debut to the UpBots bot fam. We’d like to introduce you to the I-Robots.
Just an FYI, no these bots were not developed in a lab that was investigated by Will Smith. They were developed by a trader in our community and can trade 3 types of cryptos:
- I-Robot BTC
- I-Robot ETH
- I-Robot BNB
We’re looking forward to seeing what the I-Robot line can do in the crypto markets. You can jump into giving them a test right now.
Algo bots ranking filter
As algo bots continue to be added and become available for usage, scouting through the growing list for the best performing bots may become difficult. In order to prepare for the future, we added an algo bot filtering feature.
Bots will also be sorted by their last 6 month performance percentage and ranked in a panel to the right side of the homepage. Users can quickly view these rankings which may help to make decisions on bots to use or continue using.
BSC staking pool
A few weeks back we launched on-platform staking for UBXT and UBXT-ETH LP token farming. Since then, our LP liquidity pool currently has a grand total of $2.1mil locked in value.
Having ETH staking pools is certainly exciting, but we wanted to make our staking even more awesome. Since BSC has been so hot with AMMs like PancakeSwap and super low staking fees, we had the brilliant idea to bring BSC staking to UpBots.
Those who bought UBXT using BSC shouldn’t be left out! With BSC staking pools now live, UBXT holders have the option of staking UBXT and farming UBXT-BUSD LP tokens. Great staking rewards and lower fees? Just more benefits of using BSC!
Homepage adaptations
We’ve done a little UX/UI spring cleaning, made a few performance and design improvements, and added some new sections.
Among these new homepage additions you’ll see:
- A UBXT staking section (bottom left-hand corner)
- More icons for connected wallets
- New icons for the trading bots
- “3 dot” drop down filter button for the wallets
Feedback is always welcomed regarding the new designs and ideas on improvements.
Algo bot upgrades
A few upgrades have been made to the algo bots and their performance logs. Users will notice a new column in the algo bot performance tab, providing insights into the amount gained in trades.
The second update made is MDD (maximum drawdown) automatic calculation for the bots. Including this calculation provides users with another indicator when assessing the risk associated with a certain bot.
These upgrades aim to provide our users with more easy-to-access information when deciding if a bot’s strategy is right for you.
That’s the whole 411 on what has launched so far during phase 1. We hope you join us on the rest of our journey during this 3 part launch reveal.
