WEMIX

Introducing Kurrency PLAY, a new way to enrich your gaming experience on the WEMIX PLAY platform. &gt; Kurrency PLAY Link : <a href="https://play.kurrency.io/" rel="noopener noreferrer nofollow">https://play.kurrency.io/</a>Kurrency PLAY is the first game token borrowing service in the Blockchain ecosystem. Kurrency, which has been providing CDP-based crypto dollar services, now presents this new service.Deposit WEMIX, Borrow CROW The first game token available on Kurrency PLAY is the CROW token of NIGHT CROWS Global version.About NIGHT CROWS Created with Unreal Engine 5, NIGHT CROWS is set in 13th-century Europe, where magic exists. It is the ultimate P&amp;E game with a blockchain economy. &gt; Learn more about NIGHT CROWS : <a href="https://wemixplay.com/en/games/ncgl/game-info" rel="noopener noreferrer nofollow">https://wemixplay.com/en/games/ncgl/game-info</a>Users can deposit WEMIX as collateral on Kurrency PLAY and borrow CROW tokens. Play the best game and experience evolved multi-tokenomics with Kurrency PLAY.No Liquidation Risk No liquidation system is applied on Kurrency PLAY, enabling users to borrow game tokens that may experience relatively high price fluctuations. Users can focus solely on utilizing game tokens without the burden of liquidation management.Kurrency PLAY aims to support the direct and indirect interconnection and circulation of the game ecosystem, DeFi ecosystem, and WEMIX utility as a member of the WEMIX ecosystem. To fulfill this purpose, liquidation is excluded, and the following contexts have been considered : • Kurrency PLAY primarily serves gamers. Considering the nature of gameplay, which lasts for a long period, the focus has been on providing users with an environment where users can freely utilize CROW tokens without the burden of liquidation. • Instead of liquidation for borrowing, Kurrency PLAY takes care of the risk management and deposits WEMIX collateral in WONDER Staking to compensate game token liquidity providers and protocol operation. • This expands staking by WONDERs participating in WEMIX Governance and network block validation, thus contributing to the operation and growth of the ecosystem while supporting WEMIX utility. • The growth of the gaming ecosystem, including NIGHT CROWS, can lead to the concurrent growth of the WEMIX ecosystem and WEMIX value.As the value of WEMIX, the collateral asset, increases, the maximum quantity of CROW tokens available for borrowing increases accordingly. With no liquidation, users are not required to repay borrowed CROW tokens even if the collateral value declines.[Notes] • WEMIX deposited as collateral is staked to WEMIX.Fi&#39;s official WONDER Staking program. Therefore, withdrawal requests are subject to a 7-day waiting period. • This post focuses on CROW tokens; details may vary for future game tokens.We invite game players and DeFi users to explore Kurrency PLAY, a new service available exclusively in the WEMIX ecosystem.Thank you.Disclaimer The blockchain service of NIGHT CROWS embodies a blockchain game economy for the community that genuinely enjoys gaming. Please exercise caution regarding volatility if considering it as a means of investment.Official WEMIX site announcement : <a href="https://www.wemix.com/communication/introducing-kurrency-play-the-first-game-token-borrowing-service-in-the-blockchain-ecosystem-f9babfda81b0" rel="noopener noreferrer nofollow">https://www.wemix.com/communication/introducing-kurrency-play-the-first-game-token-borrowing-service-in-the-blockchain-ecosystem-f9babfda81b0</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>

Introducing Kurrency PLAY, the First Game Token Borrowing Service in the Blockchain Ecosystem

WEMIX

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