As an independent economic system, Crypto Circle is just like a country. It is absolutely not allowed to issue unlimited currency, otherwise it will end up in Zimbabwe and the currency will be worthless.
The main forces of WOM competition are three parties, including Wombex, Magpie and Quoll Finance. The core of their agreements is to increase the flexibility and profits of money holding for WOM holders.
Convex is designed to improve the revenue of Curve users, centralize the CRVs and stable currencies of all Convex users in the same wallet, so as to maximize the benefits of all CRVs.
Convex Finance aims to use CVX Token to simplify the process of locking and pledging Curve and CRV through a simple and easy-to-use interface, release the liquidity of locking CRV to a certain extent, and improve the remuneration of CRV coin holders and liquidity providers
Wombex Finance is a native agreement of BNB Chain, which is used to improve LP profitability and centralize the power to govern Wombat. The combination of Wombat AMM innovation and veToken model has opened a new chapter in revenue generation on BNB Chain.
Wombat Exchange is a native multi chain stable currency exchange protocol of BNB, focusing on recalculating the stable currency exchange experience through algorithm design. It is currently a well-known stable currency exchange protocol on the BNB chain.
RWA is a token that can be traded on the chain and represents the actual assets. Examples of RWAs include real estate, loans, contracts and guarantees, and any high-value items that will be used in transactions.
DeFi is slowly expanding beyond cryptocurrency to have an impact in the real world. As more and more assets are tokenized, the traditional capital market is also developing towards blockchain.