Woonkly announces the launch of Defi.finance with the lowest commission rate on the market
Woonkly’s new platform will be available for users on Wednesday, May 19, at 18:00 +2 GMT
Woonkly’s new decentralized finance platform Defi.finance Version 1 will be available for users next Wednesday, May 19, at 18:00 +2 GMT (Madrid), and its swap will have a commission cost of $0.18 per trade, the lowest in the market.
Our CEO, Daniel Santos, was in charge of presenting the new product in a seminar addressed to the Woonkly community. He informed that Defi.finance will have its own token, which initial price will be $0.001, and that its name will be released at launch.
On the new platform, users will be able to swap or exchange tokens, add liquidity, farm, and stake.
The King: WOOP
The WOOP, the native utility and exchange token of the Woonkly ecosystem, will continue to be the king of the Woonkly community, Santos reported. This is because WOOP will continue to be the core token for all Woonkly Co products, and the new token can be acquired by farming WOOP.
Unlike WOOP, which is by nature deflationary, the new Defi.finance token will be inflationary. Although with the particularity that 90% of the commission will be “burned” or used to buy back tokens that will be removed from the system to fight inflation. This generates “the most deflationary inflationary token in the market”.
Defi.finance’s value proposition revolves around the fact that its business model will feature the highest “token burn” in the market, more than any other Defi in the world.
Defi.finance will hit the market in its Version 1 (BETA), in the process of audits, without KYC (Know Your Client), and running on PancakeSwap V1. However, version 2 of Defi.finance will be available in a few weeks.
The Defi.finance Version 2 code has been fully developed by Woonkly, runs on Woonkly’s protocol, and will ask for KYC.
Version 2 is being audited by several international consultancies; have a liquidity multipool within Woonkly’s platform; allow tokens to be exchanged between different networks (cross-chain), and offer the possibility for any financial aggregator to connect to its liquidity.
We encourage you to stay tuned to our social networks, as we will announce the exact launch date of Defi.finance Version 2, which will revolutionize the industry. So woonklers… be wise and stay tuned!