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NewsBTC 2021-12-28 19:39:59

Covesting Highlights Increased Utility of COV token in 2022 Roadmap

Covesting, a European licensed DLT services provider and B2B software developer, has further highlighted the functionality and of its COV token in a new 2022 roadmap that further spells out more utility for the token. After successful launch of its peer-to-peer copy trading module on PrimeXBT earlier in the year Covesting went on to launch the full implementation of its COV token utility and functionality for users of the copy trading module to take advantage of. Now, as the company starts to look ahead to 2022, with a newly released roadmap, there is additional utility users can expect from the token next year. However, the other news from the firm is that it is launching a aYield accounts service, which allows users with minimal technical expertise to participate in the DeFi staking economy and earn a variable APY interest rate on their idle crypto holdings with only a single click. The Yield Account Service is built as a standalone software module that is available to third-party platforms for integration. This was the case with PrimeXBT, who have already implemented this service on their platform. Covesting Future Roadmap Revealed In the roadmap, there are certain mentions of new functionalities with COv, as well as other plans and even a look back on the growth through 2021. Covesting mentions that firstly, it will be allowing more users the chance to take advantage of the benefits of the COV token by reducing the require...

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