OKEx, a Malta-based cryptocurrency spot and derivatives trade, introduced as we speak the launch of its 14th token sale mission, WaykiChain Governance Coin (WGRT) on OKEx Jumpstart will likely be on June 17, 2020.
Primarily based on blockchain expertise, WGRT is dedicated to sustaining the safety and stability of WaykiChain’s DeFi ecosystem, offering truthful and clear decentralized collateral lending companies for world customers, in response to the assertion.
Launched in 2019, WaykiChain established a decentralized collateral lending platform with a bi-token structure. Supported by the platform, WGRT holder can take part within the adjustment of system parameters and the governance of system operation guidelines as an vital a part of the WaykiChain DeFi ecosystem. Apart from, one other token, WUSD is a stablecoin whose worth is pegged to USD.
“We imagine that DeFi is among the most vital purposes of blockchain expertise, whereas stablecoin is the bridge between DeFi and conventional finance, which helps customers take part in DeFi at a decrease value to satisfy their monetary wants,” mentioned Jay Hao, CEO of OKEx. “We’re glad to cooperate with tasks like WGRT, to collectively promote the event of DeFi, letting extra folks profit from blockchain expertise.”
Hong Kong-headquartered WaykiChain (WICC) is a third-generation blockchain that’s primarily based on DPoS consensus algorithms and helps Turing-complete good contracts. It’s reportedly capable of maintain transactional throughput as much as 3200 TPS in precise use, which has reached the main place within the business. WaykiChain (WICC) goals to offer a safe, dependable and high-performant blockchain expertise platform and ecosystem that may allow the expansion of a number of industries similar to prediction markets, decentralized belongings exchanges, and decentralized foreign exchange exchanges and many others.