WeFi Enters a New Stage in DeFi Following $WFI Token Creation Event in November

Charlestown, Saint Kitts and Nevis, November 18, 2024, Chainwire

WeFi, a next-generation financial platform dedicated to reshaping access to global financial tools, successfully held a token creation event for its native $WFI token on Friday, November 15th. Following TGE, $WFI debuted on Bitmart on November 18, opening new avenues for engagement and interaction within the WeFi ecosystem.

The $WFI token is the lifeblood of the WeFi ecosystem, which seeks to empower users through a seamless blend of DeFi and traditional financial tools. Initially launched on Binance Smart Chain (BSC), $WFI will soon be migrated to WeFi’s own WeChain blockchain, powering everything from liquidity pools and transaction fees to staking and advanced dApps. With a fixed supply of 1,000,000,000 tokens, $WFI is designed to foster a unique ecosystem that values ​​community engagement and sustainable growth over quick profits.

TGE for $WFI embodies WeFi’s commitment to a fair launch model, ensuring all participants have equal access to the tokens from the start, without the benefit of pre-sale allocations or VIP access. This fair launch approach is consistent with WeFi’s mission to make $WFI accessible to a broad community of users by creating a financial ecosystem based on transparency and inclusivity.

The key feature that sets WeFi apart is its non-custodial account system that seamlessly connects Web3 and traditional banking. Users maintain full control of their digital assets while enjoying the convenience of everyday banking. Web3 Wallet connects directly to a non-custodial bank account linked to your credit card, allowing you to automatically spend from your cryptocurrency assets without manual top-ups. This means users can spend digital assets as easily as traditional currencies while retaining full control of their funds.

This non-custodial design is expected to be a defining feature of WeFi, giving users secure, self-managed access to $WFI and positioning WeFi as a forward-thinking platform in the DeFi space.

A central pillar of WeFi’s approach is its initial technology offering (ITO Platform), which facilitates community-driven token distribution through ITO nodes. These nodes will allow early adopters to mine $WFI while giving them access to exclusive WeFi services, early listings, and additional rewards, creating a multi-faceted participation model. Since its inception, the ITO platform has seen remarkable activity, with over $35 million worth of WFI tokens already issued, reflecting strong community support and interest in WeFi’s vision. Through ITO nodes, WeFi builds a network of dedicated users who not only focus on mining, but also actively participate in the growth and development of the platform.

Maksym Sakharov, Co-Founder and Group CEO of WeFi, shared his enthusiasm for TGE and the trajectory of its ecosystem: “Our vision is rooted in the belief that access to the global economy is a fundamental right. We see a future where everyone, regardless of location or wealth, can claim financial freedom through a safe, accessible, compliant and fair financial system. We are building a financial infrastructure that respects user autonomy and promotes inclusion globally. $WFI is the core of our platform. It facilitates everything from everyday transactions to secure staking and is tailored for real-world use within an evolving ecosystem.”

Sakharov added: “TGE is a milestone that brings us closer to our vision of a new banking system where users truly own and benefit from the systems they support. We are excited to see $WFI launching on major exchanges to enable more users to engage with WeFi and take control of their financial future.”

$WFI inventory The journey began on Bitmart on November 18 at 11:00 AM (UTC). Deposits began at 11:00 AM (UTC) on November 16, and withdrawals will be available from 11:00 AM (UTC) on November 19. This initial launch will expand the reach of the WeFi ecosystem by increasing liquidity and creating new entry points for users around the world.

As WeFi evolves, the platform’s development roadmap includes further integration with the WeChain blockchain and the continued launch of Neobank services. This TGE marks an important chapter in WeFi’s journey to create a community-driven ecosystem that combines financial freedom and powerful utility to usher in a new era of possibilities in decentralized finance.

About WeFi

WeFi is a pioneering global blockchain ecosystem and intelligent data platform dedicated to financial innovation through the integration of AI and blockchain technology. Focused on building a more inclusive and accessible financial system, WeFi leverages AI-powered nodes to analyze transaction patterns, proactively prevent financial crime, and provide transparency, interoperability and real-time insights to the global finance and fintech sectors. Provides: WeFi invites early adopters to join its ecosystem through Initial Technology Offerings (ITOs) to earn rewards while contributing to its mission of democratizing finance and setting new regulatory standards globally.

For more information, please visit WeFi’s ITO website. wechain.ai Or follow us X Check out updates on $WFI and the WeFi ecosystem.

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