WeFi

WeFi

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WeFi is a decentralized money market protocol which opens up investment loan options in the DeFi space that allows users to invest in digital assets through multi pool borrowing.
To be announced
Token Details
Total supply
500000000
Token Distribution
Tokenomics.
WeFi is the native token of the protocol. WeFi is a governance token which controls interest rate, changes in the protocol, development roadmap. inclusion of new assets, reward distribution etc.

Tokens - 35,000,000 - 7.00% - Seed Round
Tokens - 15,000,000 - 3.00% - Strategic Round
Tokens - 10,000,000 - 2.00% - Private Round
Tokens - 9,000,000 - 1.80% - IDO
Tokens - 7,500,000 - 1.50% - Exchange Liquidity dex
Tokens - 30,000,000 - 6.00% - Market Making Loan
Tokens - 103,500,000 - 20.70% - Reserve
Tokens - 75,000,000 - 15.00% - Adoption, Staking, & Incentives
Tokens - 75,000,000 - 15.00% - Marketing, Acquisitions, & Licenses
Tokens - 75,000,000 - 15.00% - Team
Tokens - 15,000,000 - 3% - Advisors, & Consultants
Tokens - 50,000,000 - 10.00% - Development & Partnerships
Accepted Currencies
USDT
Company Details
Registered Country
United Arab Emirates
Additional Details
Platform
Other
Categories
Platform

About WeFi

WeFi is a decentralized money market protocol that opens up investment loan options in DeFi for global users to invest in digital assets via multi-pool borrowing.

WeFi is a trustless protocol driven by secure smart contracts. It does not rely on credit scoring or any centralized enforcement to operate.

WeFi allows cryptocurrency lenders to enjoy attractive, sustainable yields. Conversely, borrowers access predictable investment loans empowering them to invest in the lucrative digital asset market.

WeFi Finance's investment loans are used to invest in other digital assets from a connected DEX via the WeFi protocol. Afterward, the acquired asset (investment) is securely locked in our protocol until the loan is repaid with interest. If not, the asset is liquidated in an auction when it reaches the liquidation point.

WeFi Finance is a money market ledger where users can supply or borrow digital assets. Interest is computed as a function of time, fluctuating depending on market conditions. The protocol's smart contracts will be publicly accessible and flexible for incorporation by diverse systems, industry dApps, and ordinary users across the globe.

Each money market is unique to a given isolated pool. It also contains a transparent and publicly-inspectable ledger, recording all transactions and historic interest rates.

WeFi Roadmap

  • Jan-June 2022

  • - Whitepaper release
    - Seed Fund Raised
    - Audited by QuillAudits
    - Testnet Released
    - Alpha Mainnet launched on polygon
  • Jan-June 2023

  • - Private Round Raise
    - Audited by Pecksheild
    - Beta Version Launched
    - Introduction of Liquidity token
    - Token Launch and Exchange listing
  • June-Dec 2023

  • - Multi chain launch
    - Leveraged yield farming
    - NFT investment vaults
    - WeFi Token staking
    - DAO Setup

WeFi Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Pranjal Prashar
Founder and CEO
unverified
Nirmal S. Rathore
Chief Marketing Officer
unverified
Neeraj Bhatt
Head of Technology
unverified
Vinay Sagar
Full Stack Developer
unverified
Ankush Gupta
Head of Partnership
unverified
Prateek Seth
Smart contract Developer
unverified
Raj Gyanani
Community Lead
unverified
Sammi G.
Community Manager
unverified

WeFi Last News

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