[Press_Release] Wemade Tree signs MOU with Ozys to enter DeFi market
#WEMIX #DeFi #MOU #Klaytn #KLAY #Blockchain #Token #Ozys #WemadeTree #NFT #Klayswap
Wemade Tree signs MOU with Ozys to enter DeFi market
- MOU with Ozys to be Wemade Tree’s first step into DeFi
- Unique DeFi protocol utilizing WEMIX Token and game assets such as game tokens and NFTs to be developed
- KLAY-WEMIX Token pair to be added on KLAYswap for accessibility and convenience
Wemade Tree, a blockchain subsidiary of Korean game maker Wemade, signed an MOU(Memorandum of Understanding) with Ozys, announcing its plan to enter DeFi market.
DeFi, unlike the traditional centralized finance(CeFi), offers decentralized finance service by means of smart contracts on blockchain.
Wemade Tree is currently operating <BirdTornado for WEMIX> and <CaiShenChuanQi for WEMIX>on its own blockchain platform WEMIX, and game tokens Tornado and CQ ZuanShi are being issued and used. As the company releases new titles constantly, new game tokens and NFTs will be added. WEMIX Wallet service provides DEX(Decentralized Exchange), on which the tokens can be traded, and NFT Market will be added in the first half of 2021. Wemade Tree aims to deliver a unique DeFi protocol, utilizing ever-growing number of game tokens and assets.
Ozys is a leading Korean DeFi and cross-chain technology company. Ozys’ KLAYswap is a DeFi protocol based on Klaytn, a token developed by Kakao’s blockchain subsidiary GroundX. As of March 15, KLAYswap’s liquidity pool size is 800 billion KRW(est.), or 700m USD, and the daily trade volume amounts to approximately 70 billion KRW(62m USD). Recently launched Belt Finance operates on Binance Smart Chain.
Alongside the MOU, Wemade Tree added liquidity on KLAYswap to create KLAY-WEMIX pair as its first step into the DeFi market. This move enables users all over the world to swap WEMIX Token without having to use a centralized marketplace, significantly improving accessibility and convenience.
[Korean Articles]
- 매일경제 https://www.mk.co.kr/news/economy/view/2021/03/250735
- 파이낸셜뉴스 https://www.fnnews.com/news/202103161337043887
- 글로벌이코노믹 https://news.g-enews.com/ko-kr/news/article/news_all/2021031613190948201e71ea687c_1/article.html
- ZDNet Korea https://zdnet.co.kr/view/?no=20210316124316
- 데일리안 https://www.dailian.co.kr/news/view/972763
- 뉴스핌 http://www.newspim.com/news/view/20210316000785
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.
Current servicing games are <BirdTornado for WEMIX>, Legend of Mir IP game <CaiShenChuanqi for WEMIX> can be found in WEMIX Gaming platform. Upcoming WEMIX Game Lineup, soon to be launched include <Cryptornado for WEMIX>, <AquaTornado for WEMIX>, <Windrunner for WEMIX>, <Candy Pang for WEMIX>, <Everytown for WEMIX>, <My Secret Bistro for WEMIX>, <Touch Fighter for WEMIX> and <Chuanqi Mobile for WEMIX>.
WEMIX Official Telegram Link :
- https://t.me/WemixNetworkAnnounce
- https://t.me/WemixNetworkENG
- https://t.me/WemixNetworkKOR
- https://t.me/WemixNetworkCHN
- https://t.me/WemixNetworkESP
