Term Management Enhancements
Last updated
Last updated
The Term Management component is the core feature of Takaturn. It allows users to join a term and conduct term-related actions such as paying and withdrawing their security and money pot.
The current iteration of the offering, Takaturn 2.0, allows users to view the country of residence of other registered users in an open, active or closed turn group environment.
This feature was not part of the Takaturn 1.0 offering.
In order to reduce friction when using the Takaturn V2 offering, enabling users to purchase Ethereum (ETH) and USD Coin (USDC) directly from the mobile/web application is part of the natural progression in the development and innovation cycle.
Takaturn is built on the . The Takaturn V2 offering enables users to buy ETH and USDC that will be directly deposited into their Arbitrum blockchain compatible wallet such as or . It is recommended to use the Arbitrum blockchain in order to save on gas fees (transaction costs, It costs gas to move between blockchain networks.
Considering the information above, the BC functionality is available to users at any point that they wish to purchase ETH and USDC to their compatible Arbitrum wallet, meaning that this function is available to users on an ad-hoc basis.