- Synergy effects from different services including DeFi, NFT and Metaverse
- Focus on efficient management and comprehensive economic structure
- Creation of a global digital economy through the Multichain project
Seoul, South Korea, December 17, 2022 /PRNewswire/ — Wemade unveiled a new project WeKonomy and its teaser website. The aim of the project is to build the global digital economy using Wemade’s unique methods.
The WeKonomy project aims to offer various services, including DeFi, NFT, and Metaverse, which cater to the diverse needs of users, leveraging many active mainnets. The focus is on efficient management and a comprehensive economic structure through the dovetailing of services within WeKonomy. From the planning to the actual operation, synergy effects are created through the close cooperation of the service providers.
WeKonomy project aims to offer various services including DeFi, NFT and Metaverse that meet various needs of users, starting with Klaytn and expanding to support multichain like Ethereum Layer 2 and WEMIX3.0.
Its services include KLEVA, Kurrency, Converter, Wezard and Weshlist, starting at Klaytn and expanding to include multichain such as ether Layer 2 and WEMIX3.0. Based on the interoperability of the chains, it will create a huge blockchain economy with WEMIX3.0 at its core.
Launched earlier this year, KLEVA is the first lending protocol on Klaytn to introduce leveraged yield farming. Users can use their wealth to pursue a more aggressive investment strategy.
Kurrency, due to launch in Q1 2023, is a collateralised stock crypto Dollar service where users can mint, deposit and trade WCDs (working title). WCD will form the foundation of WeKonomy’s economic ecosystem through the close relationship with KLEVA and Converter and aims to establish itself as the most trusted and widely used DeFi currency.
Converter is a core DEX (decentralized exchange) of WeKonomy’s economic ecosystem. It will enable users to exchange assets efficiently by taking and improving the strengths of existing DEX services. The DEX plans to start its services in Q2 2023.
Wezard is a decentralized derivatives exchange based on liquidity providers. It is a DEX where constant trading is possible and users are protected from slips and impermanent losses based on the aggregated oracle prices.
Weshlist is an easy-to-use NFT marketplace that will connect Korean/Global projects and the market. Functional strengths include launchpad, aggregator and multichain support. Through interactions with other DeFi services in the WeKonomy project, synergy effects are created in terms of financial assets.
Wemade is driving the goal of becoming the leader of the blockchain-based global digital economy and has high hopes that the WeKonomy project, a new paradigm being unveiled to that end, will greatly accelerate the process.
SOURCE Wemade Co., Ltd
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