[Press_Release] Wemade Makes a Strategic Investment In ClaimSwap, a Klaytn-based DeFi Protocol

WEMIX
3 min readDec 7, 2021

#Wemade #WEMIX #DeFi #ClaimSwap #Klaytn #blockchain

  • Wemade invests in ClaimSwap after announcing the launch of KLEVA and WEMIX based staking, further accelerating the expansion of Klaytn-based DeFi ecosystem

Wemade announced a strategic investment in ClaimSwap, a new Klaytn-based DeFi service.

ClaimSwap, a DeFi protocol launching this December, supports Klaytn-based cryptocurrency trading in a decentralized environment. Participants can provide liquidity for crypto trading, and receive CLA, a governance token that allows its holders to participate in the protocol’s operation and policy making.

Wemade is already focused on the blockchain sector, including gaming, metaverse, NFT, and DeFi, and aims to accelerate the expansion of the DeFi ecosystem with this investment. The company already announced the impending launch of KLEVA, which is the first leveraged yield farming DeFi service on Klaytn, and WEMIX based staking, where participants can stake their WEMIX Tokens in the WEMIX Wallet and earn WEMIX Tokens as a reward, with both services launching prior to year end.

“Just like UniSwap and SushiSwap explosively expanded the Ethereum ecosystem, we expect the Klaytn based ecosystem to grow further after ClaimSwap’s launch,” ClaimSwap insider said. “We will actively find ways to cooperate with Wemade’s DeFi service to create a synergistic effect.”

“DeFi is expected to see explosive growth, and this investment will help realize the sector’s full potential,” said Henry Chang, CEO of Wemade. “We’ve already built out the WEMIX ecosystem, which consists of gaming, tokens, NFT, DeFi and we will expand the ecosystem’s scope at an accelerated pace.”

The two parties will seek ways to cooperate in accelerating the development of the blockchain industry in the long term.

About WEMIX

WEMIX is Blockchain Gaming Platform developed by Wemade Tree Pte. Ltd, providing services including Cryptocurrency Wallet, Token Exchange, Game Item Trade and Game Gateway. Wemade Tree Pte. Ltd is subsidiary of Wemade, the Developer and Owner of “The Legend of Mir” IP, highly successful game with over 500 Million users.

Games currently being serviced are <BirdTornado on WEMIX>, <Cryptornado on WEMIX>, Legend of Mir IP game <CaiShenChuanqi on WEMIX>, and <MIR4> launched in global.

Upcoming WEMIX Games Lineups are following : <AquaTornado on WEMIX>, <Fishing Strike on WEMIX>, <WIND Runner on WEMIX>, <Abyssrium on WEMIX>, <Icarus M on WEMIX>, <Candy Pang on WEMIX>, <Everytown on WEMIX>, <My Secret Bistro on WEMIX>, <Touch Fighter on WEMIX>, <Chuanqi Mobile on WEMIX> and <Yul Hyul Kang Ho on WEMIX>.

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