o WCD (WEMIX Crypto Dollar) issuance service based on collateral assets
o Offering high usability and reliability as a means of exchange and store of value between various assets
o Increased synergy with other DeFi services supported on major multi-chains including Wemix 3.0, Ethereum and Klaytn
Kurrency is a service that issues cryptodollars through a collateralized debt position. Users can entrust the virtual assets supported by the service as collateral and issue WCD (WEMIX Crypto Dollar). WCD is a cryptocurrency that minimizes price fluctuations and is issued through the method in which the value of the deposited collateral is greater than the total amount of 'excess-collateralized' loans issued. This is similar to the process by which MakerDAO generates Dai, the world's first unbiased currency. By adopting this method, it will play a complementary role with WEMIX Dollar, which is 100% USDC fully collateralized.
Kurrency has been designed for ease of use, with easy-to-understand terms, intuitive on-screen interface and detailed tutorial videos that make it simple for even users new to DeFi to get started.
In addition, Kurrency offers key features that guarantee greater transparency and reliability without compromising security. This includes a dashboard where you can see the investment status at a glance, contract audits conducted by reputable professional blockchain audit companies, and monthly service trend reports published in official social media channels.
Learn more about Kurrency: https://teaser.kurrency.io/
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