We've long been known as the #1 stop for everyone's XRP activities - from trading to investments and even within our newest DeFi services, Bitrue has always included XRP as a core component of its featureset. That's why today we hope you'll all be very pleased to hear that we are increasing the base rate for XRP investments on Power Piggy from 4.1% to 5.3%, the highest no strings attached base rate in the whole industry!
This change will take effect starting from November 20th, and will apply to both new and existing investments.
At the same time we also want to do more to support our own platform token BTR. Resultantly we will also be reducing the community caps for all of our coins by 50% across the board. We believe that after years of helping early adopters get their Power Piggy investments set up easily, it's now time to focus more on bringing value to BTR and rewarding the holders of this token. Users that wish to invest more into Power Piggy in the future will therefore need to rely more on the VIP caps, which will allow them to invest even when the community caps are sold out, but will require them to hold onto BTR for an extended period of time.
Over the next year we're going to be focusing heavily on bringing more value to our BTR and BFT coins, starting with a streamlining of the user experience and benefits that holders can receive. You can check our previous plans and use cases for BTR on this article. Please look forward to more information coming out before the end of the year!