This article is an instruction for the coming function of POS and Lock on Qbag before the formal release.

QbaoNetwork users can keep Qtum in Qbag, and all the amount of Qtum balance will be used to participate Qtum POS to maximize the return from POS system and allow users with a small amount of qtum to benefit from getting the POS interest.

The interest rate of Qbag POS will will be determined by the Network weight of Qtum, and Qbao will not make a profit, all of the revenue will be distribute to the users.

In addition, Qbao will release QBT financial products.

QbaoNetwork users can keep their QBT in Qbag and “Lock” the asset for a certain amount of time to get more QBT and other tokens.

The interest of QBT is paid by the Qbao Foundation, and it is Qbao’s primary aim to compensate the long term QBT holders.

Qbao will launch more tech products and services in the future, as always, thank you for your trust and support.

To learn more:

An open letter to QbaoNetwork users

https://medium.com/@Qbao2339/an-open-letter-to-qbaonetwork-users-eae75d54b61e

Thank you for your trust and support for the QbaoNetwork team.

Recently, we found on some major social networking platforms that some cheaters pretended as official officers of Qbao to ask for mnemonics or other fraudulent actions as follows.

1 After Pretending a QbaoNetwork staff member actively in the social group for several days, he will give a group QR code to give away tokens after entering the group.

2 Let users transfer some tokens to an address and promise to return more tokens.

3 Send private messages to users to ask for mnemonics for various reasons.

4: Tell users that they are external third-party partners who can have prediction market or play games on their platform.

We hereby claim that:

1 The mnemonic is the unique key in Qbao. Don’t give mnemonics to anyone. Don’t transfer mnemonics through the internet. Don’t trust anyone to ask for your mnemonics in the name of an official staff. No one from our QbaoNetwork team will ask the user for mnemonics for any reason.

2: We will not give any address to let our users transfer tokens to the address.

3: Currenly, QbaoNetwork APP does not access to external platform to prediction market or play games

Please raise safety consciousness. Do not trust strangers. Keep and secure your mnemonics!!! If anybody asks for mnemonics, he must be a liar! If you have any questions, please use our official customer service in Qbao APP. The only official prediction market is the small game in the Qbao APP and our official parter Bodhi APP.

Please do not trust any non- official QbaoNetwork announcements and activities. Our official announcements and activities will only be released on the official channels.

QbaoNetwork official channels:

Qbao for iOS: App Store

Qbao for Android: Google Play

Official site & White paper: https://qbao.fund/#/home

Official Room on Qbao Network

Qbao English Room: Q32738868

Qbao Korean Room: Q87489633

PlayCoin Official: Q13757486

Vevue Official: Q81831502

Bodhi Official: Q96496350

MediBloc: Q22663260

ZatGo Official: Q93866079

Ink Labs: Q9930245

CFun Official: Q7374138

FB page: https://www.facebook.com/Qbao-120845068623551/

Twitter: https://twitter.com/Qbao2339

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

Reddit: https://www.reddit.com/r/Qbao/

Naver: https://blog.naver.com/qbaonetwork

Steemit: https://steemit.com/@qbao

Click to join Qbao Network Chinese, English, Korean and Japanese community

https://t.me/Qbaofoundation

https://t.me/QbaofoundationEn

https://t.me/QbaocommunityKr

https://t.me/QbaoCommunityJP

Kakao: https://open.kakao.com/o/gRC5BDL

Email: support@qbao.fund

Trade QBT on <bjex.com/ hksy.com/ gate.io/ exx.com/ coinegg.com/ shuzibi.com/ allcoin.com/ lbank.info/ yyex.com/ coinrail.co.kr/>

Qbao foundation