Wemade unveils WeKonomy, a new comprehensive blockchain project
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Synergistic effects from various services, including DeFi, NFT and metaverse
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Focus on effective management and holistic financial structure
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To create a global digital economy through the multi-chain project
SEOUL, South Korea, 17 December 2022 /PRNewswire/ — Wemade unveiled a new project WeKonomy and its teaser website. The goal of the project is to build the global digital economy using Wemade’s unique methods.
The WeKonomy project aims to provide various services including DeFi, NFT and metaverse that serve users’ various needs, using many active mainnets. The focus is on efficient management and comprehensive financial structure by connecting services within WeKonomy. From the design stage to actual operation, close cooperation between the services will create synergistic effects.
The services will include KLEVA, Kurrency, Konverter, Wezard and Weshlist, starting from Klaytn and expanding to support multi-chains such as Ethereum Layer 2 and WEMIX3.0. Based on the chain’s interoperability, it will create a huge blockchain economy with WEMIX3.0 at the center.
KLEVA, launched earlier this year, is the first lending protocol on Klaytn to introduce farming with leveraged returns. Users can leverage their assets to adopt a more aggressive investment strategy.
Kurrency, slated to launch in 2023 1Q, is a peer-backed crypto dollar service where users can create, deposit and exchange WCDs (working title). WCD will form the foundation of WeKonomy’s financial ecosystem through close relationships with KLEVA and Konverter, and aims to establish itself as the most trusted and widely used DeFi currency.
Konverter is a central DEX (decentralized exchange) of the WeKonomy financial ecosystem. It will provide users with efficient asset exchange by inheriting and enhancing the strength of existing DEX services. DEX plans to start its services in 2023 2Q.
Wezard is a decentralized derivatives exchange based on liquidity providers. It is a DEX where perpetual trading is possible and users are protected against slippage and permanent loss based on aggregated oracle prices.
Weshlist is a user-friendly NFT marketplace that will bridge the gap between Korean/global projects and the market. Its functional strengths include launchpad, aggregator, and multichain support. Synergistic effects regarding financial assets will be created by interactions with other DeFi services in the WeKonomy project.
Wemade is pushing forward with the goal of being the leader of the blockchain-based global digital economy, and they have high hopes that the WeKonomy project, a new paradigm presented for that purpose, will greatly speed up the process.
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SOURCE Wemade Co., Ltd
