Hello WorkQuest Community! Most of you already know that $WQT deposits and withdrawals are available on the Ethereum (ERC20) network. But now our technical skills have increased
We are pleased to announce that you can now deposit and withdraw $WQT on Binance Smart Chain.
It will give you a wider range of networks for transactions and the ability to deposit and withdraw $WQT on the MEXC Global exchange with minimal fees.
Stay tuned for more updates!
About WorkQuest
WorkQuest is an online marketplace and decentralized payment provider that connects employers with employees anywhere in the world using DAO-based smart contracts. WorkQuest will have mobile apps to make it accessible anywhere and will use its own blockchain and Work Net wallet.
The platform incentivizes employers and employees to act honestly and prudently using its rating system, and feedback is stored on the blockchain. As platforms act as an intermediary in employer-employee transactions, various DeFi products such as cash withdrawals, loans and advances, savings, betting, pensions and P2P insurance are available to platform participants.
DeFi Aspects of the WorkQuest Platform
WorkQuest is an innovative job search solution aimed at creating a fair and open labor market by integrating various DeFi components into the platform.
WQT cash withdrawal programs
Supply your tokens to liquidity pools (both BNB and ETH) and earn rewards based on your share of the pool's total liquidity.
WorkQuest Chain Bridge
Easily transfer tokens, assets and other types of data from ETH and BNB chains to WorkNet - and vice versa.
WQT and WUSD betting programs
Earn rewards just by holding the platform's native tokens.
What tokens does the stage utilize?
WorkQuest essentially has a two-symbol framework. It consists of WQT and WUSD. WQT is used for the Work Quest DAO board and is filled as collateral for WUSD. Also used for referral programs and accessible for cash withdrawals. WUSD is an algorithmic stablecoin that is given upon a large transaction between a company and a worker.
Work Quest Blockchain has Work USD (WUSD) as the cryptocurrency in the Work Net organization. This money is also used to set the compensation between the business and the employee when entering into a smart contract. This will make it work at rates for a wide range of exchanges.
Retirement Savings Program
We offer pension savings to our clients. You can connect WUSD to it. Plus, we save your salary but add annual interest to allow your capital to grow. The Work Quest stage not only offers specialists an additional business or daily activity, but additionally suggests creating a consistent retirement investment fund plan.
Because we are a decentralized stage with a public blockchain, it is much more secure than conventional retirement money management strategies. Essentially, workers get a new job, complete it, and then decide:
set several monetary amounts and place them in the investment fund wallet
set the rate that will later be credited each time using Smart Contracts
In both cases, customers benefit from a fair trade as well as annual development interest. We recognize that pension investment funds are now huge for everyone and we need to ensure that our framework is fully protected and client friendly.
How WorkQuest Solves the Problems Existing in the Labor Market
WorkQuest is here to create an open and efficient job market of the future!
Smart Match - Search uses data points to suggest high performing and profitable jobs
Trust custody – agreements between employer and employee about work without intermediaries based on smart contracts
Distributed data storage and encryption – your data is encrypted but stored on a public blockchain
The WorkQuest Roadmap
The WorkQuest plan is a key aspect of our project. To achieve our ultimate goal of decentralization, we must first build a secure and fully functional platform. The next step is to open our website to the general public so that employers and employees around the world can use the WorkQuest platform. The final phase of the project is to create an open-source code base for WorkQuest so that everyone can create their own decentralized job market.
Workquest is a decentralized job market that is based on blockchain technology. It is a platform that will change the way people find job opportunities and gain work experience. Imagine all competitors working together to create the best possible experience for their users, unlike any other job market in the world. Workquest has a vision to create a decentralized job market that is based on the innovative blockchain technology. We will strive to provide our users with the opportunity to earn while learning and gain work experience, combining the best of blockchain technologies with the best of the labor market.
Conclusion
Work Quest depends on the blockchain with the basic motivation to enable people to search for work and to allow representatives to distinguish the right opportunity to fill job opportunities. Because of this, it has the ability to facilitate correspondence between managers and workers. In order to guarantee the usefulness of the scene and the fruitful activity of the association, the association operates on the IT scene with the necessary arrangement of rules. The above is a great understanding of DAO Work Quest and scene symbols that allow customers to choose the ideal choice when working with a scene.
USEFUL LINKS
Website : https://workquest.co/
Whitepaper : https://drive.google.com/file/d/1UJu91wQLdjJQJLLZA2SqgLu9qqLktyQ0/preview
Medium : https://workquest.medium.com/
Telegram : https://t.me/WorkQuestChat
Twitter : https://twitter.com/workquest_co
Youtube :
Discord : https://discord.gg/U8k234ArHP
Ann Thread : https://bitcointalk.org/index.php?topic=5331927