WEMIX

We are thrilled to announce the world&#39;s first-ever listing of stWEMIX ever on <a href="https://www.bitmart.com/en-US" rel="noopener noreferrer nofollow">BitMart</a>, a leading global cryptocurrency exchange.BitMart, established in March 2018, aims to cater to diverse investor trading needs by offering various systematic features including futures, currency, Over-the-Counter(OTC), decentralized trading, and overall network trading.stWEMIX listing in BitMart Exchange 1. Listing Schedule: To be disclosed in a future announcement 2. Listed Pair: stWEMIX/USDT 3. Listed Token: stWEMIXWhat is stWEMIX? Much like Ethereum Lido&#39;s stETH, stWEMIX represents staked WEMIX. stWEMIX acts as the proof token for WEMIX staked within the governance contract of WEMIX3.0, holding a combined value of the principal amount(WEMIX) and accrued staking rewards(WEMIX deposit rewards).Referred to as LST(Liquid Staking Tokens), these tokens enable users to stake native coins(WEMIX3.0&#39;s WEMIX) while simultaneously receiving proof tokens(stWEMIX), alleviating the issue of locked assets. Additionally, staking rewards are automatically reflected in the value of proof tokens, allowing users to earn staking rewards without the need to unstake their assets. Ultimately, holding stWEMIX enhances both the liquidity of staked assets and the acquisition of staking rewards.Issuance and trading of stWEMIX The methods to issue or trade stWEMIX are as follows: • Issue stWEMIX by depositing WEMIX in <a href="https://wemix.fi/staking" rel="noopener noreferrer nofollow">LIQUID Staking</a> on WEMIX.Fi • Trade stWEMIX through <a href="https://wemix.fi/swap" rel="noopener noreferrer nofollow">Swap</a> on WEMIX.FiUtilization of stWEMIX stWEMIX can be utilized as underlying assets in DeFi protocols, such as: • Deposit stWEMIX through <a href="https://wemix.fi/market" rel="noopener noreferrer nofollow">Lend &amp; Borrow</a> on WEMIX.Fi to earn rewards(loan interest) or borrow • Deposit stWEMIX into <a href="https://wemix.fi/pool" rel="noopener noreferrer nofollow">Pools</a> that ensure trading liquidity on WEMIX.Fi and earn rewards(transactions fees) occurring from SwapsPositive impact of stWEMIX on the WEMIX ecosystem • When WEMIX is deposited into LIQUID Staking, stWEMIX is generated as proof tokens, and the deposited WEMIX becomes locked up via WONDER Staking. Consequently, the growth of stWEMIX signifies an increased amount of locked WEMIX. • As the native token used across various DeFi services within the WEMIX ecosystem, stWEMIX empowers users with a long-term perspective to actively participate by simply holding it, fostering proactive engagement within the ecosystem. • The expected activation of diverse DeFi services through stWEMIX is anticipated to drive significant growth throughout the entire WEMIX ecosystem.For more details, please refer to the following links:Docs: <a href="https://docs.wemix.com/v/wemixfi-en/services/stwemix" rel="noopener noreferrer nofollow">https://docs.wemix.com/v/wemixfi-en/services/stwemix</a> Whitepaper: <a href="https://docs.wemix.com/v/wemixfi-en/whitepapers/stwemix" rel="noopener noreferrer nofollow">https://docs.wemix.com/v/wemixfi-en/whitepapers/stwemix</a>Thank you.[Link] • Bitmart: <a href="https://www.bitmart.com/" rel="noopener noreferrer nofollow">https://www.bitmart.com/</a> • LIQUID Staking: <a href="https://wemix.fi/staking" rel="noopener noreferrer nofollow">https://wemix.fi/staking</a> • Swap: <a href="https://wemix.fi/swap" rel="noopener noreferrer nofollow">https://wemix.fi/swap</a> • Lend &amp; Borrow: <a href="https://wemix.fi/market" rel="noopener noreferrer nofollow">https://wemix.fi/market</a> • Pools: <a href="https://wemix.fi/pool" rel="noopener noreferrer nofollow">https://wemix.fi/pool</a>WEMIX Official announcement: <a href="https://www.wemix.com/communication/the-first-pre-listing-announcement-of-stwemix-in-bitmart-exchange-a25daca73420" rel="noopener noreferrer nofollow">https://www.wemix.com/communication/the-first-pre-listing-announcement-of-stwemix-in-bitmart-exchange-a25daca73420</a> [WEMIX Community] • WEMIX Official Webpage: <a href="https://www.wemix.com/communication" rel="noopener noreferrer nofollow">wemix.com</a> • Medium: <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">WEMIX Communication</a> | <a href="https://medium.com/wemix-play" rel="noopener noreferrer nofollow">WEMIX PLAY</a> | <a href="https://medium.com/nile-official" rel="noopener noreferrer nofollow">NILE</a> • WEMIX Channels: <a href="https://twitter.com/WemixNetwork" rel="noopener noreferrer nofollow">X (formerly Twitter)</a> | <a href="https://www.facebook.com/WEMIXBlockchain" rel="noopener noreferrer nofollow">Facebook(WEMIX Platform)</a> | <a href="https://www.facebook.com/WEMIXGames" rel="noopener noreferrer nofollow">Facebook(WEMIX Games)</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a>

The First Pre-listing Announcement of stWEMIX in BitMart Exchange

WEMIX

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