WeFi (WEFI)

Building for the Next 1 Billion DeFi Users

Review Score
N/A
ICO Price
0.3 USD
Pre ICO Price
N/A
Soft Cap
N/A
Hard Cap
125000 USD
Start Date
26 April 2023
End Date
5 May 2023

What is WeFi?

 

WeFi offers onchain “Composable leverage vault” protocol in a permissionless and trustless manner. WeFi’s unique composable leverage investment vault is allowing users to have use cases around onchain leveraged trade, leveraged farms and leveraged staking. WeFi users can borrow to invest in fungible, non fungible or real world tokenized assets or borrow to invest in leveraged yield farms/staking pools. Risk for lenders is mitigated by enabling a walled guarded approach (Vault).

Loans for staking: Users can take loans and buy crypto to earn staking APY.

Loans for yield farming: Users will be able to use up to 3x leverage to invest in low risk farms that generate consistent returns. Few strategies would include providing liquidity to DEXes, implementing a delta neutral setup while mining rewards from certain protocols.

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