Wemade launches its new project WeKonomy

With an aim to provide efficient management and a dynamic economic structure, Wemade is launching a new project, WeKonomy. Plus, the project will provide synergistic cooperation between different services.

Dec 26, 2022
by Anvi Saini
Wemade launches its new project WeKonomy
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The services in WeKonomy include KLEVA, Kurrency, Konverter, Wezard, Weshlist, and Klatyn. Moreover, the purpose of this project is to facilitate a global digital economy with Wemade’s methods. 

An Introduction to the Different Services Included in WeKonomy

WeKonomy is a mix of different services, including KLEVA. KLEVA is the first lending protocol working on Klatyn. KLEVA leverages yield farming, and users can use this service to implement aggressive investment strategies. Another service included here is Kurrency, which will launch in the first quarter of 2023. Kurrency is a collateral-backed crypto dollar service, having different applications, including minting, depositing, and swapping WCD. These WCDs will formulate the basic structure of WeKonomy’s economic system. 

The WCDs will have a close association with KLEVA and Konverter. As a result, WCD will establish itself as the most trusted DeFi currency. Moreover, Konverter, which is also a primary service of WeKonomy, works as an important decentralized exchange. Furthermore, users will access a wide range of services on this DEX, which will be improved over the existing DEX services. 

In addition to this, Wezard is a decentralized derivatives exchange based on liquidity providers. On this DEX, the users can practice perpetual trading. Moreover, on Wezard, the users will be protected from slippage and impermanent loss. The users should also know about Weshlist, which is a user-friendly NFT marketplace. Weshlist will bridge the gap between Korean projects with other global initiatives. Moreover, it will also include services like the launchpad, aggregator, and multichain support. 

All these developments and initiatives in WeKonomy will make Wemade a leader in the blockchain digital economy. The company is looking to expand its usage of Web3 technologies.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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