IDO on Kommunitas. Details:
- Token Type : Polygon
- Token Address : TBA
- Total Supply : 100,000,000 WEFI
- Initial Market Cap : $291,000
- Swap Rate : 0.3 USDC (Polygon) / BUSD (BSC)
- Last Staking & Voting Period : Fri, 05 May 2023 03:00
- Preparation Period : Fri, 05 May 2023 09:00
- Target Raise : $125,000
- Vesting : 40% on TGE, 6 weeks linear vesting.
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 upto 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.
WeFi Finance Investment Rounds
TGE 40%, then daily vesting (10% per week)
40% on TGE, 6 weeks linear vesting.