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November 21, 2022

October 2022 Recap Newsletter 📈

Welcome to the October 2022 Recap Newsletter! We hope everyone is safe & sound. Despite November being one of the wilder months in a while (given all the news), last month was a strong one for crypto as you can see in the chart below.

A quick glance at our October portfolio performance lead by Meme Moonshot at +47.7%:

For a more detailed look into all of our portfolios, check out our monthly one-sheet here.

📱 Company & Product Updates:

  • The team is proud to announce the launch of our latest portfolio, C.R.E.A.M. Any fans of the Wu-Tang Clan out there? Tap here to join the waitlist & learn more.

  • The team has rolled out recurring deposits to US-based users! You’re now able to link Ember to your bank via Plaid, and make deposits automatically on a schedule! We hope this helps everyone DCA during the bear market. Tap here for more info.

  • We've also rolled out single-asset trading on Ember! Alongside your existing Ember portfolios, you can now trade high-quality altcoins, entirely on non-custodial rails. Simply tap on the Coins tab on the Homepage to get started. Tap here to learn more.

  • The team is working to refresh the design of some screens in the app. We hope you enjoy them!

  • A new watchlist feature is on the way! You’ll soon be able to track your favorite coins or portfolios and pin them to your homepage.

  • We’re working on new features & ways to earn Bitcoin on the mining program! Announcements coming soon.

  • The trading tournament was a huge success! With over 2250 participants and positive support from the community, the Ember team is exploring how we can take tournaments to the next level. Stay tuned.

💡 Trending Questions:

  • Did Ember have exposure to the FTX/FTT situation?

    • No, Ember had no exposure to FTX or the FTT token, nor do we to the newly surfaced Genesis situation. Additionally, the leverage trading that FTX was committing isn’t possible on Ember due to our non-custodial infrastructure. Feel free to read more about why this is important in our blog post here.

That's all we've got - thank you for reading!

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We're thrilled to announce the Ember community's mining & reward stats for the month of March!

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