Blockchain
We2Net (WE2NET), a novel liquidity protocol and rewards producing system for LPs, shares the small print of its upcoming launch process, strict third-party safety audit and roadmap for the years 2023-2024.
We2Net goes reside, deadline for LPs set for April 15, 2023
In keeping with the official announcement by the We2Net workforce, its mainnet model inches nearer to its official public launch. The primary era of its liquidity suppliers must be onboarded till April 15, 2023.
we2net is about to launch, please keep tuned to our official media channels. pic.twitter.com/HJjzjk8iPZ
— we2net (@we2net) March 10, 2023
The protocol is concentrated on offering a extra honest, inclusive and balanced liquidity ecosystem with equal alternatives for early fans, the founding workforce and different traders.
This performance is achieved by locking a portion of the liquidity in sensible contracts for a predetermined interval. The injected liquidity can be saved in swimming pools on PancakeSwap (CAKE) as a way to stop the community from being whale-dominated. Additionally, it is going to take away the chance for early contributors to mass-sell their allocations within the first months of We2Net operations.
The protocol’s eponymous utility and LP rewards token WE2NET can be dstributed between all traders; 1 WE2NET is at present obtainable at $0.1 in U.S. Greenback Tether (USDT) equal. The primary LP rewards distribution will happen after the deadline for LPs in April 2023.
Referral program for audited DeFi
To speed up adoption and advance the visibility of WE2NET, its workforce launched a beneficiant referral program. Direct referrals can earn as much as 50% rewards for his or her followers. There are six ranges to the referral program: direct recommenders get 50% of rewards, oblique recommenders get 25%, Stage 3 referrals get 12.5% and so forth.
To make sure that its design is safe for all customers and liquidity suppliers, We2Net protocol was audited by CertiK, one of many main Web3 cybersecurity groups.
pic.twitter.com/OAIBKjlrCR
— we2net (@we2net) February 24, 2023
On the eve of the launch of its first iteration, We2Net launched a roadmap for its traders. In 2023, the protocol will unveil a staking farm and its personal non-fungible tokens (NFTs).
In This autumn, 2023-Q1, 2024, the workforce will activate a full-fledged mainnet and launch an functions market for varied use circumstances within the Web3 section.
