Key Takeaways
- Wemade Co., Ltd. has announced the launch of Kurrency, a new DeFi service that issues crypto dollars through a collateralized debt position, similar to how MakerDAO generates Dai.
- Kurrency is designed for ease of use with an intuitive interface, tutorial videos, and easy-to-understand terms, making it accessible to even DeFi newcomers.
- Kurrency offers greater transparency and reliability through features such as a dashboard for investment status, contract audits, and monthly service trend reports published in official social media channels.
- Wemade aims to make WCD (WEMIX Crypto Dollar) the most reliable and widely used crypto dollar and currency service across major blockchains and enhance the capital efficiency and interconnectivity between services within the ecosystem. The company is a leader in the metaverse and blockchain fields with a focus on gaming at its core.
Wemade Co., Ltd. has introduced Kurrency, a new DeFi service that issues crypto dollars through a collateralized debt position. Kurrency aims to offer greater ease-of-use, transparency, and reliability while minimizing price fluctuations. The service is designed to complement Wemade’s 100% USDC fully collateralized WEMIX Dollar.
Kurrency features an intuitive on-screen interface, easy-to-understand terms, and detailed tutorial videos, making it simple for new users to get started with Defi. Kurrency also offers a dashboard that provides a clear overview of investment status, monthly service trend reports, and contract audits conducted by reputable professional blockchain audit companies.
Wemade wants to make WCD (WEMIX Crypto Dollar) the most reliable and widely used crypto dollar and currency service across major blockchains including Klaytn, Ethereum, and Wemix 3.0.
WCD will be connected to Wemade’s KLEVA protocol and various other DeFi services on multi-chains, enhancing the capital efficiency and interconnectivity between services and producing stronger synergistic effects within the ecosystem.
Kurrency not only creates synergy between its services by managing the collateral deposited by users in KLEVA but also has the function of minimizing the user’s fees according to the operating profit.
Wemade is leading the trend in the metaverse and blockchain fields with an emphasis on gaming at its core. Wemade is the developer and owner of “The Legend of Mir” IP, a highly successful game with over 500 Million users. Its platform, WEMIX, is evolving into a global blockchain platform that can transform games of every genre into blockchain games.
Overall, Kurrency aims to provide a user-friendly and reliable Defi service for users, especially those who are new to the technology. With its transparency, security, and ease-of-use features, Kurrency has the potential to become a popular choice for those seeking a stable crypto dollar and currency service.
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