Credits Weekly Digest Oct 16th

Hey Credits Community.

It’s Friday, and we are happy to highlight our main news and wish you a great weekend.

This Tuesday Q&A Session with CEO covered all the main questions and feedback received from the community on the Staking proposal. Following these discussions, we decided to postpone voting on the program. We consider to bring it up in some future when business circumstances become more favorable.

This week Credits team accomplished few mobile wallets updates (for Android version only).

KYC procedure was fixed in a way that now you do not need to reset it after the update
Autofocus update so the camera is not getting unfocused any longer and convenient to use

DeFi topic is one of the hottest in crypto since the beginning of 2020, so we’ve conducted research on this subject and have written a short article called DeFi Trend. We recommend reading it if you follow the digital industry and the main tendencies there.

Among this week’s major news in the crypto world is the release of a Consultation Paper on Virtual Ruble by the Central Bank of Russia. We are preparing our opinion on this initiative which we find pretty important, we will publish it soon.

We expect the new Credits video with Arjan Eikelenboom will be out tomorrow, this time it is about the blockchain and how it operates. Check out our youtube on weekend!

A reminder that our airdrop competition is still on, you have got a chance to create a token on Credits protocol and win a prize by participating. Details are here.

Happy weekend and until next Friday!