An In-depth And  Honest Walletreum Review

Hi MWD, it's me Edmondson again. I recently stumbled upon walletreum and in true crypto virtuoso style, I have decided to write a review about it.

Enjoy!!!

When it comes to the economy of the cryptocurrency space, it is still in its emerging state. The cryptocurrency projects have shown without a doubt that blockchain technology has an influential and good future ahead. Although, most of the cryptocurrency projects have not been handled being largely available for all users in the crypto marketplace.

Its full-scale implementation has not yet been achieved in various industries.

Based on this fact, the reality of this economy is that there's an endless opportunity available for startup projects to make headway into the crypto economy.

One of the purposes on which this economy was built is to give innovative solutions to individuals that are partakers of crypto their needs. A crypto asset management tool suite which is the Hong Kong walletreum project is a new baby in the crypto economy that is making its headway among other cryptocurrencies. 

Walletreum is structured in such a way that it looks like the crypto Swiss Army Knife with not just a single solution and provides varieties of applications and tools. Some of the walletreum features include borrowing through SAFE CREDITS, free off-chain swaps on a ZeroSwap, a crypto lending platform that is powered by walletreum's proprietary ALGON AI and Yield Farming involving the walletreum's project native WALT token with an addition of a WALT staking.

These are the major features for now in this crypto marketplace.

Walletreum encompasses diverse real-life applications and is a good/innovative platform that cuts across various efficient management tools used for cryptocurrency, which is ready for real-life application and wide adoption.

Walletreum designed a revolutionary solution to tackle price depreciation in the bear markets which will suit both leaders and borrowers, therefore maximizing profits for borrowers and lenders in the bull market, all thanks to their built Al (ALGON) trading algorithm. This walletreum's platform and technology have addressed critical issues on its journey to widespread adoption, which lowers barriers created to entry into cryptocurrencies by simply providing easy use services for both experienced traders and non-crypto users to take advantage of its efficient products and services. 

EXPLORING THE WALLETREUM FEATURES.

BORROWING WITH SAFE CREDIT: The SAFE CREDIT feature is powered by the SAFE CREDIT project system and ALGON. This product is backed by a crypto loan offer that allows its users to borrow 97% against the crypto owned by them for an annual interest of 4.3%. Other packages of the walletreum SAFE CREDIT include no KYC registrations, no liquidations, the loans are payable with any asset that is available on walletreum, no credit checks, returns on loan partially, and a fixed rate. It is a safe and flexible loan, the withdrawal and deposit function is instant and you get benefits from assets value appreciation and depreciation as well. The token benefits are obtained through a dividend, low interest, and a fixed supply. Walletreum's coverage is worldwide not limited to a particular region.

FREE OFF CHAIN SWAPS ON A ZEROSWAP 

The ZeroSwap includes in-house crypto to crypto exchange services that allow users to easily and quickly swap one crypto asset for another crypto asset without having to pay any transaction fee. Based on the swapping, users can only do this based on the current prices that walletreum gets from various oracles. The swapping only happens within the internal pools of the system backed with virtual asset tokens. Due to this, walletreum saves fees from tons of gas used in exchange for several swaps. Some of the crypto assets supported by the ZeroSwap function include BTC, WALT, USDT, EOS, BNB, AND ETH. Over time more tokens mays are added to the ZeroSwap. 

CRYPTO LENDING PLATFORM POWERED BY WALLETREUM'S PROPRIETARY ALGON.

In the decentralized finance ecosystem, lending is one of the busiest sectors with high traffic. Walletreum has created its own specialized lending bot ALGON. The boy allows users to take deposits of crypto assets to ALGON which is an Algorithmic Fund Manager.

ALGON has recorded 4 to 6% returns per month in the bear market and 2 times to 5 times per month in the bull market according to their whitepaper. After setting all these in place, ALGON does the work till users are ready to make a withdrawal of their assets while sitting back. Users make withdrawals in cash or stable coins during the bear market and make withdrawals in their initial deposited crypto during the bull market.

When prices begin to turn sour in the market, ALGON mitigates the losses before they become a total fallout that's what ALGON is designed for. Assets that a user lends in walletreum will not go more than 10% of the asset value deposited in the bear market.

If there's any case where it falls below, ALGON immediately reassesses what is happening depending on the current market statistics and minimizes the loss as soon as possible. 

YIELD FARMING AND STAKING 

The native currency of the walletreum suite is WALT which is an ERC-20 token on Ethereum's network. Based on the farming campaign in decentralized finance, walletreum is splitting WALT rewards by 50/50 between the lender and the project's borrowers. There will be a distribution of about 4,500 WALT tokens every day during the duration of the program on a pro-rata basis. By the Road Map provided by walletreum, the project aims to roll out WALT staking in the first quarter of 2020.

Stakers of WALT will struggle to earn a fair share of WALT about 5 million which will be set aside to stake rewards in the future. In the first year, an allocation of 45% will be distributed, 35% in the next year, and 25% in the third year. 

In collaboration with Ferrum networks, walletreum is willing to delve into their project's flexible staking service which grants access to any token on the ERC-20 to be locked in to also earn rewards. The WALT tokenomics has over 50 million total WALT in supply.

The original circulating supply of WALT is 16 million, the sum of supply that will be distributed with 30% that is solely for staking, liquidity provision, and listing. 16% will be made available for token public sale, 9% will be given to the walletreum team, 18% to the company's reserve, 12% to pre-sale allocation, 7% channeled to marketing, 4% to strategic sales allocation, and 4% to advisors.

The pre-sale offering was completed by the Crypto Management Startup on September 7th, 2020, and its public sale was completed by September 15th, this took just a week. WALT tokens are slated to happen within 72hours with a public sale of 8 million WALT tokens.

Amazingly, the allotted token was sold out within 7 hours. Users holding 1000 WALT tokens have a series of special packages which include a 20% discount on walletreum borrowing fees, 0% withdrawal fees, exclusive access to WALT farming, unlimited access to ZeroSwap, 0% on lending position exit fees, and exclusive access to ALGON X3 package.

And here is where I conclude this long drawl that is worth reading if you want to buy, stake or hold WALT.

Walletreum creators have a good blueprint for the success of any good project needs based on the team's focus when it comes to giving users attractive offerings. If the team's focus is stabilized in the long run, then walletreum has a fighting chance to become a major tool in some decentralized finance circle. The key to survival on this project is the focus.

note: This is an unpaid review