WEMIX

WEMIX

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Welcome to the ever-changing age of Web3. WEMIX3.0 is a mega-ecosystem with no borders, and an experience-based, platform-driven & service-oriented decentralized blockchain protocol. The WEMIX Foundation pursues Deflationary Tokenomics to promote long-term ecosystem growth. Deflationary Tokenomics is a concept that synergizes the value of growth(inflation) and supply reduction(burn) by burn exceeding inflation, resulting in a healthy overall expansion that directly impacts the value of the tokens through deflated token supply.
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WEMIX
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WEMIX3.0 Library provides a transparent record keeping service and offers ease of access to such technical documentation compilation open to the community.

The importance of accurate documentation, information management, and reliability of records can be found through the Joseon Dynasty.

This historical reference is to illustrate the key ingredients of a successful records archive in the new Web3 world and the figurative comparison it has with how all WEMIX3.0 technical documentations will be securely stored and unreserved to the public.

WEMIX3.0 is a high-performance EVM-compatible open source protocol powered by SPoA(Stake-based Proof of Authority) consensus algorithm which is secured by 40 decentralized authority nodes operated by highly-qualified global partners as well as on-chain community DAO(Decentralized Autonomous Organization). It is designed to be a robust and efficient platform-driven & service-oriented public blockchain home to innovative projects and applications built by the community for the world.

WEMIX3.0 resolves the 'Blockchain Trilemma' by maintaining the balance between decentralization, security, and scalability by implementation of variable total gas fee formula based on the EIP-1559, the 40 WONDERS(WEMIX On-chain Network of Decentralized Ecosystem Regulators) also known as the node council partners, and 4,000 TPS throughput with a 1 second block interval.

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