press launch
PRESS RELEASE. we2net, a brand new DeFi platform that goals to bridge the hole between centralized and decentralized finance, has gained sturdy traction in Korea with over 230+ LP holders and practically $760k in preliminary liquidity inside simply three weeks of launching its offline growth efforts.
In line with knowledge evaluation, the LP holders’ distribution of the preliminary liquidity is evenly unfold with none massive whales, indicating a good and equitable distribution. we2net is ready to launch on April 15, 2023, at 0:00 UTC, and buyers should purchase its tokens by way of PancakeSwap or the official web site.
The we2net staff is now actively selling its platform via on-line advertising and marketing efforts and providing engaging incentives to the neighborhood to encourage its growth. Right here’s a better have a look at a number of the platform’s mechanics:
we2net makes use of USDT and WE2NET tokens as liquidity pairs. Customers solely want so as to add preliminary liquidity utilizing USDT, and the good contract will mechanically generate WE2NET tokens at a 1:10 ratio and add them to the liquidity pool. This mechanism ensures that each undertaking builders and customers enter the market on the identical buy worth, leading to truthful revenue distribution.
To keep away from alternate price fluctuations, WE2NET tokens are prohibited from buying and selling earlier than the deadline for preliminary liquidity provision. After buying and selling is enabled, the corresponding WE2NET tokens might be used as LP mining rewards. Moreover, the platform presents beneficiant rewards for referrers, with as much as 50% of the consumer’s price income, whereas the remaining 50% is allotted to their direct referrers.
One notable side of we2net’s liquidity provision mechanism is that it shares the privilege of including preliminary liquidity with all buyers, in contrast to conventional DeFi tasks the place the undertaking builders are accountable for including preliminary liquidity, which may result in uncertainty and potential rugpool eventualities. By sharing this privilege with buyers, we2net achieves a very community-driven and decentralized strategy.
Moreover, the variety of tokens issued is pegged to the quantity of preliminary liquidity added, making certain that there aren’t any sudden token issuances by undertaking builders. When it comes to referral mechanics, customers can receive their referral hyperlink on the official web site and earn as much as 50% of the transaction price income as a reward, relying on their levil. This incentivizes customers to proceed to advertise the undertaking and develop the consumer community, as evidenced by the continued promotion of the undertaking’s rank-gifting actions.
General, we2net’s revolutionary strategy to liquidity provision and referral mechanics, coupled with its profitable offline growth efforts, bode nicely for its future progress potential. Because it enters the DeFi market on April 15, it will likely be attention-grabbing to see the way it continues to distinguish itself from different tasks and achieve a foothold within the extremely aggressive DeFi area.
Web site hyperlink: https://www.we2.internet/en
Telegram: https://t.me/we2netEn
Twitter: https://twitter.com/we2net
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