A new WeKonomy project and its teaser website were introduced by Wemade. The project’s objective is to develop the world’s digital economy utilising Wemade’s special techniques.

By utilising numerous active mainnets, the WeKonomy project seeks to provide a variety of services, including DeFi, NFT, and metaverse, in order to satisfy the diverse needs of consumers. By connecting services within WeKonomy, the focus is on effective administration and a comprehensive economic structure. The strong collaboration across the services will have synergistic impacts from conception to execution.

Starting with Klaytn and then expanding to support multi-chain technologies like Ethereum Layer 2 and WEMIX3.0, its services will include KLEVA, Kurrency, Konverter, Wezard, and Weshlist. It will build a massive blockchain economy with WEMIX3.0 at its centre based on the chains’ ability to communicate with one another.

The first lending protocol at Klaytn to integrate leveraged yield farming is KLEVA, which was introduced earlier this year. Users have the option of using their assets as leverage to pursue a riskier course of action.

Kurrency is an association-backed cryptocurrency service that will be live in Q1 2023 and allow users to mint, deposit, and exchange WCDs. Through close collaboration with KLEVA and Konverter, WCD will lay the groundwork for the WeKonomy economic environment. It aspires to become the most reputable and extensively used DeFi coin.

Source: Prnewswire