Q1 Recap: Market & Payouts 📊
📊 uTrade Update: Q1 Conclusion, Transparency & Market Situation!
Hello uTraders,
Before we dive into the current numbers and the quarterly close, we as a team want to say a heartfelt THANK YOU. Thank you for trusting us, for walking this path with us, and for holding onto our shared vision. We firmly believe that if we continue to pull together as one, a highly successful journey lies ahead! 🤝
The Current Payout Numbers 💰
We always play with open cards. For the single month (based on January’s figures), we have a total of 4,840 USDT to distribute to the NFTs.
Accordingly, broken down by shares and the NFTs already sold, each NFT receives the following amounts:
🥇 Gold NFT: 5.20 USDT
🥈 Silver NFT: 2.60 USDT
🥉 Bronze NFT: 1.30 USDT
An Honest Look at the Market & Background 📉🧭
Why are the numbers slightly lower right now? There are two main reasons for this, which we want to explain to you with full transparency:
The Market Situation: Unfortunately, it continues to be the case that relatively few bots are being opened and closed. The market has been moving in a tough, sideways phase for a very long time now, which heavily slows down trading activity.
Restructuring Costs in March: In addition, there were one-time restructuring costs that had a bit of an impact in March. To give just one example: the market makers on their exchanges were not properly maintained in the past, meaning there were insufficient reserves available. We had to clean up these legacy issues to position ourselves securely and stably for the future.
The Big Tally: The 1st Quarter (Q1) in Total 📊
Despite the quiet market phase and the cleanup costs, we still generated returns together in the first quarter. In total, a sum of 19,271 USDT will be distributed for Q1!
This means that 5.18 USDT will be distributed per share. For the entire Q1, this results in the following payout for you:
🥇 Gold NFT Q1 Total: 20.72 USDT
🥈 Silver NFT Q1 Total: 10.36 USDT
🥉 Bronze NFT Q1 Total: 5.18 USDT
We won’t let sideways phases rattle us; instead, we are using this time to further optimize our structures in the background (like with the market makers). Your patience and our shared focus will pay off in the long run.
Thank you for your incredible support! Have a great start to the weekend and as always:
Happy Profits! 🥂
Your uTrade Team