A utility token designed for Smart City, Centralized Exchange, and Decentralized Exchange based on Binance Smart Chain.
Welnance is committed to contributing to the growing blockchain and cryptocurrency platform.
Welnance provides a platform that provides Centralized Exchange, Decentralized Exchange, Swap, Staking, and Yield Farming Pools, along with other upcoming features such as rewards and most importantly, WEL is moving forward to the smart city as an official Welnance Token.
Welnance is a protocol on the Binance Smart Chain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers(and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty.
Each money market is unique to a Welnance asset (such as BNB, a BEP-20 stable coin such as BUSD, or a BEP-20 utility token such as Augur), and contains a transparent and publicly inspectable ledger, with a record of all transactions and historical interest rates.