DELAWARE CITY, Del., May 12, 2022 (GLOBE NEWSWIRE) — The First Decentralized Treasury Reserve DeFi Platform within the World to supply stability for cryptocurrency value fluctuations by creating an incentive for stablecoins – this fashion creates a really world digital economic system the place all cryptocurrencies are interchangeable.
The decentralized forex is backed by Sharable Charge Fee Transactions (4% buy and 40% sale order) that are value $282 USD per minted token, along with 30% Quarterly Fixed Price Value which pays out each minted xWEOWNS tokens to holders on each transaction, together with a 90 Million USDT collateralized mortgage with xWEOWNS tokens backing Crypto Ecosystem as insurance coverage.
“No matter what cryptocurrency you’re trading on our platform, you’ll always be able to access its underlying value when trading any coin by converting it into $282 US Dollars using our unique fixed price value feature; no more wondering how much your currency is worth because we give you exact dollar values right there in front of you,” stated Ssemakula Peter Luyima, xWEOWNS DeFi Treasury Reserve Founder.
The Next Generation of Crypto Economy.
For the primary time in historical past, crypto traders have extra than simply their very own holdings for defense towards volatility or risk-off eventualities; they now have a safe reserve that may be shared by means of buying and selling quantity on the platform’s infrastructure.
“With the backing of a US$90 million in USDT collateralized with xWEOWNS future shareable charge fees, we will be able to provide stable large scale swap to xWEOWNS while simultaneously sharing in the rewards from every transaction made on our platform on all purchase and sale orders placed through our treasury reserve Defi Platform,” stated Ssemakula Peter Luyima.
The Company is partnering with a number one over-the-counter buying and selling alternate in order that when customers make their trades, they may obtain each a fiat forex in addition to their share of the cost charges charged per transaction – making a extra secure crypto surroundings the place even essentially the most risky cryptocurrencies can be utilized for each day transactions.
A New Era of Shareable Value.
The current bear market has seen costs drop by greater than 70%. With extra cryptocurrencies dying on daily basis, there must be an answer that stabilizes the provision chain of cryptos to ensure that them to regain their value. xWEOWNS can act as a backstop for the crypto ecosystem with its 90 Million USDT collateralized mortgage with xWEOWNS Treasury Reserve DeFi Platform shareable income cost charge.
Crypto Crash? Recover with xWEOWNS Treasury Reserve DeFi Platform
As a results of the Bitcoin value drop, there may be an pressing have to stabilize it with a purpose to keep away from any additional losses for traders who’ve invested on this cryptocurrency, in addition to to make sure that their funding doesn’t proceed to lower because of the Bitcoin plunge. The xWEOWNS Treasury reserve DeFi Platform solves this downside by utilizing xWEOWNS Collateralized Loans in USDT that may urgently stabilize crypto property worth and present liquidity for merchants who want it most throughout instances of uncertainty or emergency conditions like what’s taking place proper now with the continuing Bitcoin plummeting costs on account of mass promoting strain due to regulatory considerations or geopolitical dangers like commerce wars and many others.
xWEOWNS Treasury reserve is an revolutionary DeFi Platform that can revolutionize the Crypto Ecosystem by means of swapping of digital property on Lachain blockchain community in addition to offering shared income cost charge to facilitate fast circulation of cryptocurrencies amongst folks everywhere in the world in order to guard their rights of property possession, cut back danger elements on account of fluctuation in cryptocurrency costs or market interference brought on by irresponsible interventionism or manipulation at any time.
“What makes xWEOWNS DeFi Platform different? We are creating global liquidity on every exchange, allowing traders to trade without mass sale pressure. This will increase volume exponentially while also decreasing volatility. With rapid market changes come challenges – challenges that our DeFi platform is designed to solve through the creation of an economic ecosystem which ensures stability even during unstable periods like these,” stated Ssemakula Peter Luyima.
Security and Stability for a Growing Industry.
The cryptocurrency business has grown exponentially over the previous few years and extra folks wish to make investments or make transactions with cryptocurrencies every day. With this progress comes an elevated want for stability in an asset that can be utilized with out worry of volatility from authorities rules or manipulation from any single entity that might have unfavourable results on the markets.
By backing xWEOWNS coin with shareable income cost charge, we create a stablecoin DeFi Platform that may be trusted globally and permits each conventional traders who’re new to crypto investing, in addition to those that have been actively buying and selling cash like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many others., to make the most of its stability whereas nonetheless benefiting from their different investments once they want liquidity.
The concept behind this undertaking is easy: as extra folks put money into xWEOWNS, it turns into simpler for all to get again their funding with a shareable share of costs charges generated from transactions executed on the platform every day. Sharing within the platform’s income stream ensures that each one stakeholders have an incentive to keep up the system’s stability, offering peace-of-mind safety not present in another crypto ecosystem at the moment.
90 Million Tether USDT Collateralized Loan with xWEOWNS.
The Company is providing a 90 Million USDT Collateralized Loan with xWEOWNS settlement that can create various backing asset for Tether USDT, which is able to present the mortgage of $90 million in tethers which can be backed by Shareable cost charge revenues from minted xWEOWNS Treasury Reserve Defi Platform.
xWEOWNS Treasury Reserve DeFi Platform protocol has created a brand new method to share stability by means of this mannequin so that everybody can have entry to monetary safety with out having to depend on any single entity.
Press Releases Disclaimer
(*90*) press launch is for informational functions solely. Virtual forex is just not authorized tender, is just not backed by the federal government, and accounts and worth balances should not topic to shopper protections. Cryptocurrencies and tokens are extraordinarily risky, and there is no such thing as a assure of a secure worth, or of any worth in any respect.
About xWEOWNS
Weownomy is launching the xWEOWNS fastened $282 stablecoin on Latoken alternate that gives treasury reserve safety towards value drops of digital property whereas capitalizing on the excessive volatility that exists at the moment within the crypto forex markets. The improvement workforce at Weownomy has designed an automatic course of for buying and selling cryptocurrencies by means of an middleman asset known as xWEOWNS which is able to enable merchants to hedge their investments from market volatility.
About Weownomy Platform Corporation
Weownomy Platform Corporation, Incorporated within the State of Delaware https://www.weownomy.global is launching a subscription-based, open and participatory platform. A brand new redefined social community that facilitates folks’s participation within the democratic strategy of defining their very own guidelines for his or her future, producing an possession construction the place each individual has rights to share within the proceeds generated by this new economic system and therefore true financial equality.
Media
Ssemakula Peter Luyima
ceo@weownomy.world
President and CEO
Weownomy Platform Corporation
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