Leading global blockchain developer Wemade announced today that it will launch new DeFi services Kurrency and Konverter on the WEMIX3.0 mainnet on June 9, 2023.Kurrency allows participants to deposit tokens as collateral to mint WEMIX Crypto Dollar (WCD) for staking and swapping. WCD is a cryptocurrency that minimizes price fluctuations, and complements the role of the 100% collateralized USDC stablecoin WEMIX Dollar.

Konverter is a new DEX designed by thoroughly analyzing and reorganizing the strengths of existing DEXes for efficiency, including functions necessary for effective Kurrency use such as swaps between WCD and various stablecoins starting on June 9, 2023. Kurrency and Konverter will focus on expanding the use cases of assets on the network and vitalizing the synergetic effects among DeFi dApps, thus enlarging the volume and utilization of the WEMIX mega-ecosystem as a whole.

After stabilizing on the WEMIX3.0 mainnet, Kurrency and Konverter are expected to expand to cross-chain and multichain functionality. Wemade's blockchain subsidiary WEMIX is accelerating blockchain technology adoption by building an experience-based, platform-driven, and service-oriented mega-ecosystem that offers a wide spectrum of intuitive, convenient, and easy-to-use Web3 services for everyone.