we2net Gains Strong Traction in Korea with 200+ LP Holders and $760k Initial Liquidity

2 years ago

press release

PRESS RELEASE. we2net, a caller DeFi level that aims to span the spread betwixt centralized and decentralized finance, has gained beardown traction successful Korea with implicit 230+ LP holders and astir $760k successful archetypal liquidity wrong conscionable 3 weeks of launching its offline improvement efforts.

According to information analysis, the LP holders’ organisation of the archetypal liquidity is evenly dispersed without immoderate ample whales, indicating a just and equitable distribution. we2net is acceptable to motorboat connected April 15, 2023, astatine 0:00 UTC, and investors tin acquisition its tokens via PancakeSwap oregon the authoritative website.

The we2net squad is present actively promoting its level done online selling efforts and offering charismatic incentives to the assemblage to promote its development. Here’s a person look astatine immoderate of the platform’s mechanics:

we2net uses USDT and WE2NET tokens arsenic liquidity pairs. Users lone request to adhd archetypal liquidity utilizing USDT, and the astute declaration volition automatically make WE2NET tokens astatine a 1:10 ratio and adhd them to the liquidity pool. This mechanics ensures that some task developers and users participate the marketplace astatine the aforesaid acquisition price, resulting successful just nett distribution.

To debar speech complaint fluctuations, WE2NET tokens are prohibited from trading earlier the deadline for archetypal liquidity provision. After trading is enabled, the corresponding WE2NET tokens volition beryllium utilized arsenic LP mining rewards. Additionally, the level offers generous rewards for referrers, with up to 50% of the user’s interest revenue, portion the remaining 50% is allocated to their nonstop referrers.

One notable facet of we2net’s liquidity proviso mechanics is that it shares the privilege of adding archetypal liquidity with each investors, dissimilar accepted DeFi projects wherever the task developers are liable for adding archetypal liquidity, which tin pb to uncertainty and imaginable rugpool scenarios. By sharing this privilege with investors, we2net achieves a genuinely community-driven and decentralized approach.

Furthermore, the fig of tokens issued is pegged to the magnitude of archetypal liquidity added, ensuring that determination are nary unexpected token issuances by task developers. In presumption of referral mechanics, users tin get their referral nexus connected the authoritative website and gain up to 50% of the transaction interest gross arsenic a reward, depending connected their levil. This incentivizes users to proceed to beforehand the task and grow the idiosyncratic network, arsenic evidenced by the ongoing promotion of the project’s rank-gifting activities.

Overall, we2net’s innovative attack to liquidity proviso and referral mechanics, coupled with its palmy offline improvement efforts, bode good for its aboriginal maturation potential. As it enters the DeFi marketplace connected April 15, it volition beryllium absorbing to spot however it continues to differentiate itself from different projects and summation a foothold successful the highly competitory DeFi space.

Website link: https://www.we2.net/en

Telegram: https://t.me/we2netEn

Twitter: https://twitter.com/we2net


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