WAKYICHAIN:THE REVOLUTION HAS BEGUN!!!


When WaykiChain stablecoin system locks WICC, and the value of WICC increases as the number of locked WICC increases.
The reason why the system keeps locking WICC is that there are a steady stream of pledgers who obtain WUSD through pledging their WUSD. The application of WUSD will influence the value of WICC in this way.

In the early stage of WUSD, there are mainly three application scenarios as follows:

a) business partners generate demand for WUSD, such as financing through WUSD;
b) for WUSD holders, this system is a financial instrument that can be leveraged. They can continue to buy WICC or other tokens with the WUSD obtained by pledging WICC;
c) with the prosperous development of the public chain ecosystem, DApp users on the public chain will all become WUSD users.
Since WICC is the support behind each WUSD, users who use WUSD can hence own WICC,so this is also a non-sensical form of coin holding.
The release of WUSD adds a very practical and extensive application scenario to WaykiChain ecosystem, which can effectively improve the value of WICC. In addition, in terms of publicity, the promotion of stablecoin will also increase the world’s awareness and understanding of WaykiChain mainnet.

WaykiChain Stablecoin Model Advantages

A) Stronger Risks Resistance Ability
WaykiChain stablecoin, WUSD has two layers of risk protection mechanism with an unique “risk reserve”, compared to the current market cryptocurrency collateral stablecoin with only one risk mechanism, WUSD has a stronger risk resistance ability.This is because WICC and WUSD are both part of the public chain ecosystem, so they can promote each other positively.
B) Unique Application Advantages
In addition to cooperation and application of financial tools, the unique advantage of WUSD is the DApp application scenario based on WaykiChain public chain. WUSD will become an infrastructure for the DApps.WUSD can benefit from the growth of public chain users, and stablecoin is also an effective channel for public chain to reach a wider user group. The development of WUSD and the prosperity of public chain ecosystem is also promoting each other.
C) Technical Architecture Advantages
WUSD is developed based on the bottom layer of the public chain, which is different from the type based on smart contract, so it ensures better security, governance and scalability. As the world’s first public chain stablecoin, WaykiChain stablecoin WUSD will effectively promote the realization of launching outside the industry, providing players who have no contact with cryptocurrency with an opportunity to easily access our DApps on chain. At the same time, as a decentralized financial instrument, it will meet the needs of investors more safely, widely and efficiently. The mutual promotion of users within and outside the industry and mutual promotion of stablecoin and public chain will ultimately flourish WaykiChain ecosystem.

Welcome feedback from the community, so please do get in touch. Want to dive in further? Follow WaykiChain on Telegram, Twitter, Reddit and LinkedIn.

Comments

Post a Comment

Popular posts from this blog

Inscoin:merging the digital word with the real one

Image
Ico review of inscoin Introduction : The KNOX project will be the first insurance company that merges the real world with the digital one using Blockchain technology, creating the most efficient and advanced structure in the sector, to find a solution to the problem of certification and anti-forgery of insurance policies. It will be the first ever to emit insurance policies both in smart-contract and traditional paper form. With the smart contract the spread of false insurance policies is avoided because it is the same system that issues them after receiving the payment. ABOUT INSCOIN PROJECT The KNOX Project will be the main insurance agency to consolidate this present reality with the computerized world utilizing Blockchain innovation, and will make the most effective and advanced structure in the segment, to discover answers for confirmation and against fake protection arrangements INSURANCE POLICY COVERING INS , Because of the stage created by Knox’s protection, the
Read more

KARATCOIN:THE FIRST OF ITS KIND!!!!

Image
PROJECT OVERVIEW  The decentralized area is unusually new and is identified as a project still in its infancy, but with huge development opportunities in almost all sectors of the economy.  Karatcoin ( https://karatcoin.co/  ), combining centralized and decentralized worlds, creates a platform based on Blockchain technology for trading gold certificates. This platform is directly connected to gold mines (the places where there are and are being developed precious minerals in our case is gold). There are no restrictions on the geographical location - after the transformation of the metal into cryptozoloto.  You can redeem it in any country.  All transportation costs and taxes on it are minimized, leaving raw materials in the place of its origin.  Karat Blockchain will provide an opportunity to safely store the "gold" assets in the Gold certificate in your wallet.  Also, gold will only increase its value over time. The consent of DPOS (delegated proof of the
Read more

NOIA NETWORK GO SOON LAUNCH THEIR NEW APP!!!!

Image
Today, we they make the ogbonge step towards our vision of the beta Internet, this Internet they faster, safer, and more efficient than the former one way we beeeen they use . After plenti plenti  hours for  office, our body jolli us to announce say NOIA done they  close to being ready for the product launch way go consist of a some part  SRv6 backbone — a high capacity network infrastructure; SDN Software-as-a-Service for enterprises — a lightweight solution for companies to set up their private network infrastructures; NOIA application for retail users — a gateway to a faster alternative to the public Internet. NOIA App — making the Internet faster NOIA application for both mobile and desktop devices For now, let’s focus on what is most relevant to our community — the NOIA Application that will allow everyone to access NOIA’s Programmable Internet from their homes and even mobile devices. The main idea behind it is to  make your Internet faster
Read more