WorkQuest

Understanding DeFi WorkQuest Ecosystem Incentives

 A Decentralized Autonomous Organization (DAO) seeks to address control challenges in various fields. Smart agreements and blockchain run as control advancements with the ability to endure a more important level of candor. The DAO was created to limit current issues of foundations and organizational ethical hazards. In the absence of an outsider, the network badge being thrown around tries to provide a temptation to always uphold the association's government aid.

About WorkQuest
WorkQuest is a web-based Marketplace and decentralized Payments Provider that connects businesses with representatives anywhere on the planet driven by Smart Contracts managed by DAO. WorkQuest will have a Mobile App that can be accessed anywhere and uses its own Blockchain and Work Net Wallet.

The stage encourages businesses and workers to bid sincerely and wisely using its Rating System with all inputs stored on the blockchain. As the stage progresses as a facilitator of exchange between managers and representatives, various DeFi items can be accessed by stage members, for example, Liquidity Mining, Lending, Savings, Betting, Retirement Programs and P2P Insurance.

 WorkQuest  is a job market based on a decentralized community economy. We are a global community of developers, designers, marketers and business experts, working to create the best products on a truly global scale. Everyone who wants to work will find a suitable job here. WorkQuest is a blockchain-based peer-to-peer job marketplace that allows people from all over the world to find work and earn money, using their knowledge and experience. The WorkQuest dApp will be built on the Decentraland virtual platform. It will be a truly immersive experience, allowing employers and employees to interact in a futuristic and creative environment. The DApp will allow employers to post job advertisements and hire employees,  as well as interact with employers, employees, and other WorkQuest service providers. It will also offer users the opportunity to create their own unique avatar, which will be their own 3D model, which will be able to interact with other users and earn MANA, the internal currency of the Decentraland ecosystem.

Decentralized Autonomous Organizations (DAOs) is an Ethereum dApp drawing authority providing basic guidelines for moving assets, managing heads, selecting agents, and delivering tasks other than carrying out different exercises locally may seek to embrace a biological system that will meet their needs. The Work Quest DAO is then responsible for the maintenance and management of the Work Quest stage.



The WorkQuest ecosystem is   equipped with quite a number of DeFi products that are tailored and targeted at different classes of employees and employers, these products include but are not limited to;

  • WUSD Savings Program:   This product is a solution that empowers employers and employees with 5% of their savings per year in Work USD (WUSD). Regardless of the number, employees and workers from any part of the world are free to take advantage of this product and develop their wealth. Employers usually pay employees in WUSD, so after receiving their salary it is quite easy to make safe and reliable savings in WUSD with interest.

  • WUSD Liquidity Mining Program:   This product is for liquidity miners, 23,000 WUSD has been set aside to be distributed as gifts to employers and employees who are interested in adding WUSD/ETH and WUSD/BNB to the Uniswap and Pancakeswap protocols, respectively. The higher the liquidity created, the bigger their WUSD reward at the end of the month.

  • Retirement Savings Program:   This is a product provided for employees to avail and choose a percentage of the salary received which will be automatically deposited into their retirement savings at an interest rate. This is quite a feature, similar to traditional employee pension schemes but more transparent and reliable.

  • P2P Insurance:   This is a decentralized insurance fund that has been designed and set aside to support well-rated employers and employees. The idea of ​​p2p centers on a group of like-minded individuals with common interests who group their insurance policies to introduce a sense of control, transparency and trust while minimizing costs at the same time.

In the Work Quest stage, all positions and openings are called quests. To make it, you really have to make some basic progress.

  • The first step. Register on stage by selecting an employer account. Assuming you want to change your record type from now on, you can do so in two steps.
  • Next down payment. Fill in the data about the quest: completion status, quest gloom, cost, geolocation. You can also link images, recordings, or archives with company/specialist task areas to the screen.
  • Third step. Look at all of this twice and pass on the task. Since then, the framework consistently ensures brilliant deals and secures exchanges with the assigned entertainers you have chosen.


Presenting DAO WorkQuest
- Managed Territory
All administrative capacity will be moved to local region in next 3 years
- Live
All Governance highlights and strategies will be distributed unambiguously to ensure that everyone is close to all data
- Worldwide
To be interested in Governance stage of every client can buy WQT tokens from market
- Secure and Reliable WorkNet
will be used to create and handle DAO

If you have the desire to observe representatives for your Mission, you can use several channels:
️ geolocation
️ profile views
️ ratings
️ overview of completed works
Incidentally, remember that our foundation has an excellent ranking framework. It is based on a blockchain setup, and that means every audit cannot be changed by anyone. Furthermore, everyone was able to see them all of a sudden.

What token does the stage use?
Basically, WorkQuest has a two token framework. It consists of WQT and WUSD. WQT is used for DAO Work Quest boards and filled as Collateral for WUSD. It is also used for referral programs and is accessible for liquidity mining. WUSD is an algorithmic stablecoin, which is awarded when brilliant deals between businesses and workers are made.

The Work Quest Blockchain has Work USD (WUSD) as its cryptographic currency in the Work Net organization. This money is also used to calculate compensation between businesses and workers while closing smart contracts. As such, it will work in installments for various on-stage exchanges.

Retirement Savings Program
We offer our clients a Retirement Savings Program. You can engage WUSD for that. In addition, we save on your salary, but add annual interest so that your capital can grow. The Work Quest stage not only offers specialists to track other jobs or day-to-day work, but also proposes creating a consistent retirement plan.

Since we are a decentralized stage with a public blockchain, it is much more secure than conventional money management strategies for retirement. Basically, the worker gets a new job, completes it and then takes a decision:
- sets some amount of cash and puts it in the wallet of the investment fund
- sets the rate to be contributed each time with the help of Smart Contracts
In both cases, the client gets a fair exchange, and then they earn profit as annual development interest. We recognize that retirement investment funds are huge for everyone now, and we need to make sure our framework is properly protected and accommodates its clients.




WorkQuest Jalan Roadmap

The WorkQuest roadmap is a key aspect of our project. To achieve the ultimate goal of decentralization, we must first build a fully functional and secure platform. The next step is to make our website public, so that employers and employees around the world can take advantage of the WorkQuest platform. The final phase of the project is to create an open source codebase for WorkQuest so that anyone can create their own decentralized job market.

Workquest is a decentralized job market built on blockchain technology. It is a platform that will revolutionize the way people find job opportunities and gain work experience. Imagine that all competitors work together to create the best experience for their users, which is unlike any other job market in the world. Workquest has a vision to create a decentralized job market based on innovative blockchain technology. We will try to give our users the opportunity to earn while learning and gain work experience by combining the best of blockchain technology and the best of the job market.



USEFUL LINKS

Website: https://workquest.co/

Technical Document: https://drive.google.com/file/d/1UJu91wQLdjJQJLLZA2SqgLu9qqLktyQ0/preview

Telegram: https://t.me/WorkQuestChat

Twitter: https://twitter.com/workquest_co

Discord: https://discord.gg/U8k234ArHP

Youtube: https://youtu.be/anXXhJPisrk

Facebook: https://www.facebook.com/WorkQuestOfficial/

Media: https://medium.com/@workquest

Linkedin: https://www.linkedin.com/company/workquestofficial

Github: https://github.com/WorkQuest

Reddit: https://www.reddit.com/user/WorkQuest_co

Discord: https://discord.gg/U8k234ArHP

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

Username vothum Link: https://bitcointalk.org/index.php?action=profile;u=2633292




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