Announcement of the introduction of the Laotian crypto and defi product
Announcement of the introduction of the Laotian crypto and defi product
press release
press release. Wenance, a defi protocol that is based on Binance Smart, will launch the first Laotic crypto and decentralized product on November 11, 2021. Welnance is a decentralized financial platform that aims to promote financial freedom and options for people around the world by offering quick, safe and reliable financial products and services to customers.
wellness Phousy group (one of the 6 companies authorized by the government of Laos to act and reduce cryptocurrencies). Since its foundation in 1997, the company has participated in various business activities in Laos, especially in its construction portfolio of streets and bridges. In 2009, the total assets of the company rose to over $ 3 billion and was now upset. Phousy group The portfolio includes road and bridge construction, architecture Irrigation system, mining, hydropower and import/export, hotel, transport and grinding stone factory. It is the home of over 1000 employees who work in a friendly environment.
Welnance Finance is a platform that offers decentralized Exchange, Staking and Yield Farming pools together with other upcoming functions such as lottery happiness, rewards and above all official Wenance tokens. By using the blockchain technology, Welnance joins the digital world to disturb financial systems and services in which wealth is accessible to everyone with financial freedom and options.
Jom Seschafthalath, CEO von Wenance, seems to be quite confident about the unique de fi product and says:
"I am firmly convinced that Welnance will be a modern, centralized financial system with a complete ecosystem to drive Laos internationally and use the blockchain system to sell Laos from the least developed countries. I hope that all of this project will support and achieve." This reality “
WENANCE is a protocol on the Binance Smart Chain The monument markets that are pools of assets with algorithmically derived interest rates, which are based on the supply and demand for the asset. Suppliers (and borrowers) of a financial value interact directly with the protocol and earn (and pay) a variable interest rate without having to negotiate conditions such as duration, interest rate or collateral with a peer or a counterpart. Each money market is unique for a WEMACT-WASTERSWALT (such as z bnb , a Bep-20-Stall Coin Busd or a Bep-20 Utility token) And contains a transparent and publicly visible main register with a recording of all transactions and historical interest rates. In addition, it enables users to make fast, safe and inexpensive transactions anywhere and anywhere in the world, which enables a high return on capital.
In contrast to every stock exchange or peer-to-peer platform, the angle of every user aggregates the offer of each user; When a user provides an asset, it becomes a fun resource. The protocol promotes liquidity and users can withdraw their assets at any time without having to wait for the due date of a certain loan. In addition, with long-term investments in ether and tokens, participants can use a Wenance money market as a source for additional returns on their investment. All assets of the Wenance Protocol are bound to the Bep-20 standard.
The native token, Wel-token, can be demolished and bred in angle of angelance pools to earn more tokens. As governance token, Weler (Wel-token holder) may make suggestions and contributions to future changes to the platform including new functions or even the governance system.
token distribution
20 % of the additional offer are provided for platform development teams, research and development as well as marketing and investors. While 80% go public, such as Defi, Exchange and Public Services.
5%-development team
3%-f & e
1%-marketing
10%-investors
80%-Community
About Wenance Finance
Welnance Finance is an algorithmic money market and synthetic stable coin protocol for decentralized finances (defi), which on Binance Smart Based. It is a legal and reliable project for financial freedom in which users can earn rewards if they provide and borrow cryptocurrencies.
media contact
website: https://wellance.com/
telegram: https://t.me/joinchat/cmnrgxux4aw5owzl
https://t.me/joinchat/7nogsxqhmv0wnza9
Twitter: https://twitter.com/welnanceworld
youtube: https://youtube.com/channel/ucrmg4iupiy83xt0Bept_Q
Instagram: https://instagram.com/welnantanzeofficial
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