Improved Liquidity in UniSwap V3

We are pleased to announce that now Rupiah Token (IDRT) has stronger liquidity on UniSwap. As one of the liquidity providers, our mission is to provide robust liquidity to give the users the best trading experience and low slippage on UniSwap. We are hoping with this liquidity improvement, we can minimize the slippage when users are swapping IDRT through UniSwap.

UniSwap V3 is the 3rd edition of the decentralized financial (DeFi) token automated trading protocol, with updates to improve certification and provide greater control, and flexibility for individual liquidity providers. Furthermore, along with this innovative design upgrade, the gas swap cost of the V3 is cheaper than before.

About UniSwap V3

UniSwap is a decentralized exchange protocol built on Ethereum. More precisely, UniSwap is an automated liquidity protocol that does not have an order book or centralized party needed to make trades. UniSwap allows users to trade without intermediaries, with a high degree of decentralization and censorship-resistance. Additionally, UniSwap focuses on the power of Ethereum to reimagine token exchanges.

After launching UniSwap V1 and V2, UniSwap V3 was introduced on 23 March 2021, with several updates and improvements. In UniSwap V3, liquidity providers (LPs) can concentrate their capital in specific price ranges, providing larger amounts of liquidity at desired prices. Furthermore, UniSwap V3 allows for different levels of fees, whereby LPs are compensated accordingly for taking on different levels of risk.

Moreover, UniSwap V3 brings the newest features that make it the most flexible and efficient automated market maker (AMM), such as:

  • LPs can provide liquidity with up to 4000x capital efficiency, earning higher returns on their capital
  • Capital efficiency paves the way for low-slippage trade execution that can surpass both centralized exchanges and stablecoin-focused AMM
  • LPs can significantly increase their exposure to preferred assets and reduce their downside risk
  • LPs can sell one asset for another by adding liquidity to a price range entirely above or below the market price, approximating a fee-earning limit order that executes along a smooth curve

About Rupiah Token

Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchains namely Ethereum (ERC-20) and BNB Smart Chain (BEP-20). We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to the fiat Indonesian Rupiah at any time via the mobile wallet app (https://pintu.co.id). We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.

Delisting of IDRTL, Here is How to Withdraw IDRTL from Upbit to Your Private Wallet

Hi Rupiah Token Users,

Regarding the previous announcement about the delisting of IDRTL from Upbit Indonesia, currently, users can’t sell their IDRT in Upbit, but you can still withdraw IDRTL.

Thus, we encourage the users to send their IDRTL from their Upbit wallet to their private wallet before January 31, 2023. As a side note, on March 1, 2023, IDRTL will be officially removed from Luniverse Chain.

  • Create Passphrase (quite similar to a password) with a minimum of 8 letters, 1 alphabet, and 1 number.
  • Click “Download Keystore File”. (Note: Save this file in the safe folder as it can’t be recovered if you lose it)
  • You can get the Address dan Private Key for your private wallet. Click the button “Complete”. Keep the Address and Private Key as you need to use them later on to withdraw the IDRTL.
  • Import the account on Metamask by using the private key from step #1. Check the steps here.
  • Withdraw IDRTL from Upbit to an external wallet in the Luniverse chain by using the address from step #1).
  • After users withdraw the IDRTL from Upbit to their private wallet, please don’t transfer the IDRTL to other wallets as we’re in the process of transferring it. You will receive your IDRT BEP-20 on March 2, 2023, with the same amount of IDRTL that you hold earlier on Upbit. You can check the amount of sent IDRT on the “balance” of your wallet.

Hope this information help.

Thank you.

Rupiah Token Will Remove IDRTL from Luniverse Chain

Hi Rupiah Token users,

Regarding the removal of IDRTL from the Luniverse chain, these are some important informations that you need to know about.

  • Starting from Dec 29, 2022, IDRTL would be delisted from Upbit Indonesia. Thus, users wouldn’t be able to trade (buy/sell) and deposit IDRTL after the mentioned date above. However, users are still able to withdraw their IDRTL to their Luniverse chain wallet.
  • After that, Upbit Indonesia will also stop all the withdrawals for IDRTL (Further detail about this information would be announced by Upbit Indonesia on the later date)

Thus, we encourage users to:

  • Starting from now, do not buy IDRTL on the IDRTL/IDR market Upbit Indonesia
  • Sell their IDRTL on Upbit platform before Dec 29, 2022.

Users can still get IDRT on other blockchains like ERC-20 and BEP-20 via the Pintu app, which you can easily download from the App Store and Play Store. Then, Follow the steps in this article to get your IDRT assets.

Thank you.

How to Get and Send Out IDRT Token

Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. Available on multiple blockchains, namely Ethereum (ERC-20) and BNB Smart Chain (BEP-20), you can easily get IDRT on Pintu app by following these steps below.

How to Get IDRT on Pintu Apps

  • On your Pintu app homepage, tap “Deposit” button
  • Choose the deposit method that you want to use.
  • Input the deposit amount, and follow the next step till the end.
  • Tap “Deposit Now” button.
  • To check the total IDRT assets that you have, go to the menu “Wallet”, and check the total number of Rupiah (IDRT)

How to Send Out IDRT on Pintu Apps

Then, you can also send out the IDRT token by following these steps.

  • Tap Rupiah (IDRT) wallet.
  • Tap “More”
  • Choose “Send”
  • Input the wallet address, select the blockchain that you want to use, and input the IDRT amount that you want to send out. Then, follow the next step till the end. (WARNING: Selecting a different blockchain from the one sender used will result in the IDRT being sent being permanently lost)

Rupiah Token (IDRT) is Officially Listed on NUSA

We are pleased to announce that Rupiah Token (IDRT) is now available on NUSA. NUSA is “One-Stop Defi Solution”, a platform that provides comprehensive DeFi services and an accessible Web3 experience for everyone. Through this partnership, we aim to contribute to creating a robust crypto ecosystem that can be easily accessed globally while also accelerating the DeFi market penetration in Indonesia.

How to Lend & Borrow IDRT on Nusa Lending Market?

  • Open https://nusa.finance/, then select “Go To Apps”
  • Connect your crypto wallet
  • Choose the “Lend feature” to provide IDRT at the Nusa Lending Market, lend your IDRT to others. and earn interest as the rewards.
  • Choose the “Borrow feature” to borrow various available tokens on the NUSA by using IDRT as the collateral.
    • Each token has its own collateral factor which ranges from 25% – 80% at the Nusa Lending Market.
    • To get back your collateral, you need to pay back your loan + the interest rate
    • As an example,
      • You want to borrow BNB by using IDRT as collateral. If the IDRT collateral factor is 75% (only example), you can get a maximum of $750 BNB loan with $1.000 IDRT as the collateral.
      • If you borrow $750 BNB to be used for some purposes. Then, you need to pay back the $750 BNB + the interest rate (in BNB) to get back your $1.000 IDRT collateral.

About NUSA

Previously named as Tadpole Finance, NUSA is a joint project initiated by Indodax and Tokenomy on October 2022.

Carrying a vision to enable an accessible Web3 experience for everyone, these are some of main features of NUSA.

Lending Market

Enable users to deposit cryptocurrencies and earn interest or borrow other crypto assets against them.

Swap

Swap your tokens within the BEP-20 network a few clicks away. Hassle-free, secure, and low-cost swap platform.

Liquidity Provider

By adding liquidity to pairing tokens, you will get an LP token that can be utilized to get a percentage of the swap fee from the respective liquidity pool.

Farm Pools

More ways to circulate your earnings. Rather than holding your LP token, put it in the farm pools for staking and get a NUSA reward.

Airdrop

Join a strong community by supporting a project while getting rewarded.

Aside from those, NUSA also plans 2 other big projects, Governance Token, and NFT Marketplace.

About Rupiah Token

Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchains namely Ethereum (ERC-20), Binance Chain (BEP-2), BNB Smart Chain (BEP-20), and Luniverse chain. We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to the fiat Indonesian Rupiah at any time via the mobile wallet app (https://pintu.co.id). We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.

How to Get and Send Out IDRT Token

Follow these steps below to get IDRT Token via Pintu app.

  • On your Pintu app homepage, tap “Deposit” button
  • Choose the deposit method that you want to use.
  • Input the deposit amount, and follow the next step till the end.
  • Tap “Deposit Now” button.

Then, you can also send out the IDRT token by following these steps.

  • Tap Rupiah (IDRT) wallet.
  • Tap “More”
  • Choose “Send”
  • Input the wallet address and IDRT amount that you want to send out, and follow the next step till the end.

Rupiah Token (IDRT) is Officially Listed on PancakeSwap

We are pleased to announce that Rupiah Token (IDRT) is now available on PancakeSwap. You can now trade your IDRT to other BEP-20 tokens available on PancakeSwap.

PancakeSwap is one of the biggest decentralized exchanges **(DEX) with a total locked value (TVL) of $2.85 billion (based on Defillama data, as of 5 December 2022) which can be used to exchange various crypto assets without third parties and is non-custodial.

Through this partnership, Rupiah Token can strengthen its success as the first stablecoin in Indonesia as well as bring a positive impact to the blockchain industry in Indonesia, or even in the world.

How to Trade on PancakeSwap

Before trading IDRT on PancakeSwap, you need to have BNB Smart Chain compatible wallet, some BNB tokens for gas fees, and the IDRT Token itself. After that, follow the steps below.

  1. Go to https://pancakeswap.finance/swap#/swap
  2. Connect your wallet with the PancakeSwap
  3. Choose the IDRT Token to exchange it with other tokens that are available on PancakeSwap.
  4. Tap the “Swap” button.

About PancakeSwap

PancakeSwap is a decentralized exchange (DEX) that utilizes automated market makers (AMM) technology, launched on September 2022.

Some of its main features are:

  • Swap cryptocurrencies within the BEP-20 network
  • Liquidity Provider (LP) where you can provide liquidity on a pair of crypto assets to earn rewards from PancakeSwap
  • Yield Farming where you can lock your LP tokens and get CAKE token as a reward.
  • Staking CAKE to help with the network security and get some rewards.

About Rupiah Token

Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchains namely Ethereum (ERC-20), Binance Chain (BEP-2), BNB Smart Chain (BEP-20), and Luniverse chain. We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to the fiat Indonesian Rupiah at any time via the mobile wallet app (https://pintu.co.id). We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.

How to Get and Send Out IDRT Token

Follow these steps below to get IDRT Token via Pintu app.

  • On your Pintu app homepage, tap “Deposit” button
  • Choose the deposit method that you want to use.
  • Input the deposit amount, and follow the next step till the end.
  • Tap “Deposit Now” button.

Then, you can also send out the IDRT token by following these steps.

  • Tap Rupiah (IDRT) wallet.
  • Tap “More”
  • Choose “Send”
  • Input the wallet address and IDRT amount that you want to send out, and follow the next step till the end.

Rupiah Token Issued IDRT Stablecoin on BNB Smart Chain (BEP-20)

We are pleased to announce that we have launched IDRT Stablecoin on BNB Smart Chain (BEP-20).

BNB Smart Chain is a blockchain network that uses a proof-of-stake-authority (PoSA) algorithm. Meanwhile, BEP-20 is a token standard for Binance coin (BNB) on the BNB Smart Chain (BSC).

As BEP-20 is compatible with smart contract, we encourage the use of IDRT (BEP-20) on the Binance Ecosystem rather than IDRTB (BEP-2).

Similar to IDRT (ERC-20) and IDRTB (BEP-2), IDRT (BEP-20) is also backed 1:1 with Rupiah Indonesia.

Through this partnership, Rupiah Token can strengthen its success as the first stablecoin in Indonesia as well as bring positive impact to the blockchain industry in Indonesia, or even in the world.

About Rupiah Token

PT Rupiah Token Indonesia is a venture-capital-backed startup based in Jakarta, Indonesia. As a leading Blockchain technology company, our mission is to boost the acceptance of Indonesian Rupiah worldwide and accelerate the transition to a more inclusive and open financial system.

Since its establishment in January 2019, Rupiah Token has been developing its services in Indonesia and building its ecosystem further by getting listed on reputable global cryptocurrency exchanges, integrating with leading crypto wallets, and partnering up with relevant stakeholders.

Contacts

To request partnerships or other collaboration opportunities, please send email to [email protected] or visit rupiahtoken.com to submit a request.

Telegram (EN): https://t.me/rupiahtokeninternational

Telegram (ID): https://t.me/rupiahtokenindonesia

Twitter: https://twitter.com/RupiahTokenIDRT

Instagram: https://www.instagram.com/rupiahtoken/

Website: https://rupiahtoken.com/

Blog : https://rupiahtoken.com/blog

Purchase, Withdrawal, and Swap Services Deactivation for Individual Customers

Dear our valued customers,

PT Rupiah Token will focus its operations on serving IDRT transactions for business and exchange partners. Therefore, we will disable the IDRT Purchase, Withdraw and Swap services for individual customers on the Rupiah Token website. But don’t worry – IDRT purchases, witdrawals, and swaps for individual customers can still be done through our exchange partners, such as Pintu (https://pintu.co.id) and other exchanges, with better and easier customer experience.

Below are the details of IDRT Purchase, Withdrawal, and Swap services deactivation for individual customers.

IDRT Purchase Deactivation on Rupiah Token Website (11 October 2021)

  • IDRT/IDRTB purchases on the Rupiah Token website are disabled.
  • IDRT withdrawals to bank account are still available.

IDRT Deposit to Withdrawal and Swap Wallet Deactivation (25 October 2021)

  • IDRT/IDRTB deposit to withdrawal wallet is disabled. Please do not deposit IDRT/IDRTB to the withdrawal wallet.
  • We will deactivate IDRT withdrawals to your bank account afterwards. Therefore, we urge you to withdraw your entire IDRT balance to your bank account before 25 October 2021. If you don’t withdraw the remaining IDRT balance in your Rupiah Token redemption wallet to your bank account before that date, we’re sorry that the remaining IDRT balance in your Rupiah Token redemption wallet will be forfeited.
  • IDRT/IDRTB swap is disabled.

If you have further questions, please contact us via email at [email protected].

Rupiah Token (IDRT) is Officially Listed on Krystal

We are pleased to announce that Rupiah Token (IDRT) is now available on Krystal. Krystal is “One Platform, All DeFi”; a platform that brings you the best DeFi services under one roof. Krystal currently supports Ethereum and Binance Smart Chain (BSC), with plans to expand its support for more chains in the future. Rupiah Token is proud to announce this great milestone as Krystal and Rupiah Token share the same goals, which is to provide the best access to the crypto ecosystem in order to boost its acceptance globally. Without a doubt, this IDRT is expected to accelerate DeFi market penetration to more Indonesians. 

Download and Use Referral Code to Get Benefits!

Before diving deeper into Krystal’s features, you can first download the Krystal application on the App Store or Google Playstore. Once downloaded, you can create or import your existing ETH wallet, and use our special referral code: NTNTXXVH to earn benefits in Krystal Points which can be converted to ETH. 

Click here to watch a quick video tutorial on how to create a wallet on Krystal. 

Krystal’s Features

Portfolio Management

Manage your portfolio and track balances of your Ethereum and BSC wallets

Swap

Swap tokens easily on Ethereum and BSC. Krystal is currently integrated with various liquidity protocols such as Kyber Network, Uniswap and PancakeSwap (both V1 and V2), with plans to integrate with more protocols in the future. 

Earn

Krystal queries lending platforms such as Aave and Compound to provide the best interest rates for you. With an intuitive and friendly UI, you can set up and enjoy earning interest simply and quickly. 

Krystal Point

Earn rewards in the form of Krystal Points. Our app-exclusive rewards scheme that awards you with points by performing simple tasks – referring friends, Most importantly, accumulated KP can be converted to ETH and BNB (coming soon) anytime and transferred into your wallets. 

How to Swap  IDRT on Krystal:

You can start connecting your current wallet and swap IDRT on Krystal:

  1. Create or import a wallet onto Krystal and input the referral code NTNTXXVH 
  2. You can start finding the assets e.g. IDRT on Krystal and begin depositing the funds to the relevant wallet address. You can also create or import more wallets by clicking on Settings > Manage Wallets.’
  3. You can then simply swap your crypto assets to many other ERC20 crypto assets seamlessly with lower slippage, as Krystal is currently integrated with leading AMMs such as Kyber Network, Uniswap, and many more. 

For further information regarding the Krystal app, please visit: https://Krystal.app/ 

About Rupiah Token (IDRT)

Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchain namely Ethereum (ERC-20), Binance Chain (BEP-2), and Luniverse chain. We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to fiat Indonesian Rupiah at any time via our platform (https://rupiahtoken.com/) or via mobile wallet app (https://Pintu.co.id) We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.

About Krystal

Krystal is an all-in-one DeFi platform that has brought together the best DeFi services under one roof. To achieve substantial liquidity for its users on both ETH and BSC, it has integrated DEX protocols like Kyber Network, Uniswap and most recently, PancakeSwap. Other key highlights of Krystal include earning interest by supplying tokens (integrated with Aave and Compound), hassle-free portfolio management, and even a referral program. By consolidating the best DeFi services under one roof, Krystal has successfully created a frictionless experience for users, saving users time, money and effort.

Krystal operates in a non-custodial manner – wallets created on Krystal are non-custodial and users have sole control of their private keys and funds. 

This is just the dawn of the possibilities Krystal can help users achieve, as the team continues their work towards introducing more integrations and product offerings, and expanding its services to other chains and networks.

What is a non-custodial wallet?

A non-custodial wallet is a decentralized-type of blockchain wallet whereby you need to handle your own private keys in order to access your assets in that wallet. One advantage of a non-custodial wallet is that you have sole whole control over your assets. However, you need to also beware that if you lose access to your private keys, there is no way that you could retrieve them. Accordingly, you always need to keep your private keys in a safe and well manner.

New on Uniswap, IDRT with Improved Liquidity

We are pleased to announce that now Rupiah Token (IDRT) has stronger liquidity on Uniswap. As one of the liquidity providers, our mission is to provide robust liquidity to give the users the best trading experience and low slippage on Uniswap. We are hoping with this liquidity improvement, we can minimize the slippage when users are swapping IDRT through Uniswap. 

Meanwhile, Uniswap is a popular decentralized trading protocol that facilitates automated trading of decentralized finance (DeFi) tokens. What makes it different, Uniswap doesn’t use an order book to obtain the price of an asset or to match buyers and sellers of tokens. Instead, Uniswap uses a liquidity pool. 

About UniSwap

Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. There is no order book or any centralized party required to make trades. Uniswap allows users to trade without intermediaries, with a high degree of decentralization and censorship-resistance. Uniswap focuses on the strengths of Ethereum to reimagine token swaps from first principles. In September 2020, Uniswap launched its UNI governance token with an airdrop to anyone who had used the protocol before September 1.

How do trades happen without an order book? Uniswap works with a model that involves liquidity providers creating liquidity pools. This system provides a decentralized pricing mechanism that essentially smooths out order book depth. users can seamlessly swap between ERC-20 tokens without the need for an order book.

Since the Uniswap protocol is decentralized, there is no listing process. Essentially any ERC-20 token (including IDRT) can be launched as long as there is a liquidity pool available for traders. As a result, Uniswap doesn’t charge any listing fees, either. In a sense, the Uniswap protocol acts as a kind of public good.

The Uniswap protocol was created by Hayden Adams in 2018. But the underlying technology that inspired its implementation was first described by Ethereum co-founder, Vitalik Buterin.

How to Swap IDRT on Uniswap

Swaps in Uniswap are different from trades on traditional platforms. Uniswap does not use an order book to represent liquidity or determine prices. Uniswap uses an automated market maker mechanism to provide instant feedback on rates and slippage. you will first need to acquire some ETH for the gas fee and the IDRT token itself.

There are many ways to go about this, but the most popular is via a fiat on-ramp. First, you will need to head over to a centralized exchange that supports fiat currency such as Pintu. Fiat on-ramps will require that you provide ID and other details to allow you in depositing fiat & purchasing the crypto. Once you’re registered, you can fund your account with fiat currency and convert it over to ETH and IDRT. You can now send the ETH and IDRT to your non-custodial wallet (that supports UniSwap).

Now you’re ready for some UniSwap:

1. Open UniSwap on https://app.uniswap.org/#/swap

2. Connect your non-custodial wallet to UniSwap

3. Choose IDRT to Swap with available tokens

And that’s how you use SushiSwap to swap any token from and to IDRT!

About Rupiah Token

Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchain namely Ethereum (ERC-20), Binance Chain (BEP-2), and Luniverse chain. We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to fiat Indonesian Rupiah at any time via our platform (https://rupiahtoken.com/) or via mobile wallet app (https://Pintu.co.id) We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.