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Wemade unveils new roadmap for DeFi protocol KLEVA

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12 months ago

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  • Becomes a native service of the WEMIX3.0 Mainnet – new trans-Chain DeFi protocol, KLEVA omni – in Q2 2024
  • Will offer support for major chains including Arbitrum, Avalanche, BNB Chain, Ethereum, Polygon and Optimism
  • Aligns KLEVA omni with the overall aims and vision of the unagi omnichain initiative

Leading global blockchain firm Wemade is laying the foundation for the transition of DeFi protocol, KLEVA (https://kleva.io/), to become a native service of the WEMIX3.0 Mainnet. Commencing with the Tokenomics restructuring on January 20, 2024, this process will be completed with the unveiling of a new KLEVA as a trans-Chain DeFi protocol, KLEVA omni, in the second quarter of this year. As part of overall growth, KLEVA was recently listed on GOPAX, one of the top five virtual asset exchanges in South Korea, increasing access for users.

Since its launch on January 19, 2022, KLEVA has firmly established itself as a leading service in the Klaytn ecosystem over the past two years. Following a thorough assessment, the KLEVA team observed the consecutive exposure of custodial bridge services using the Lock & Mint method to multiple risks. After confirming the importance of upholding user protection, the KLEVA team concluded that the most effective service structure for KLEVA is to relaunch the service on WEMIX3.0 and expand connectivity to other networks. Supporting major chains including Arbitrum, Avalanche, BNB Chain, Ethereum, Polygon and Optimism will align KLEVA omni with the overall aims and vision of the unagi omnichain initiative.

‘unagi’ (unagi.io/), short for ‘Unbound Networking & Accelerating Growth Initiative’, aims to construct an all-encompassing ecosystem that goes beyond the limitations of diverse blockchains by seamlessly integrating, connecting and encompassing multiple networks, fostering an environment where they coexist harmoniously. The initiative provides an optimal route for users to utilize dApp services at the lowest cost and transactions that occur both on and between chains can all be recorded and searched.

What is KLEVA omni?

KLEVA omni is the combined result of the service evolution to the Trans-Chain DeFi protocol founded upon the unagi initiative proposed by the WEMIX foundation and the optimized tokenomics for the omnichain ecosystem. Under the vision of overcoming the constraints of single-chain DeFi and the reward-centric token attribute, the value of the new Trans-Chain DeFi protocol will be reflected through the KLEVA token based on the determination and belief that an organically synergetic growth of the service and its token will pave the way to success.  

Features of KLEVA omni: Secure Trans-Chain DeFi Protocol

The distinguished core feature of KLEVA omni is support for trans-chain transactions. Not only does it provide a one-stop protocol offering inter-chain yield farming, but it also  connects service providers and users beyond the boundaries of chains, enabling functionalities such as trans-chain lending service, using asset A on chain B as collateral to borrow asset C on chain D, and providing a convenient refinancing solution.

In the current market, even for the same asset, there can be differences in deposit yield and loan interest rates across different chains and services. KLEVA omni provides users with such information, allowing them to save time on research and decision-making. This support enables users to easily optimize users’ investment portfolios by utilizing these opportunities as part of investment strategy.

Unlike many existing bridge services, KLEVA omni uses the non-custodial una Bridge to prevent potential risks associated with wrapped tokens, ensuring secure and efficient transactions. Additional features and products to enhance service competitiveness are expected to be included in the future as part of the KLEVA omni vision to create a beneficial global ecosystem for service users, token holders, and the entire blockchain DeFi community.

About WEMADE

Renowned industry leader and innovator WEMADE is at the forefront of global Web3 transformation. Through Singapore-based subsidiary WEMIX, Wemade aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented mega-ecosystem. This includes a wide spectrum of intuitive, convenient, and easy-to-use Web3 services based on the WEMIX3.0 Mainnet.

www.wemade.com / www.wemix.com/communication 

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Press Release

KUN confirmed as Primary Exhibition Sponsor of Hong Kong Web3 Festival

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17 hours ago

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January 21, 2025

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As a global pioneer in the payments industry, KUN is proud to participate as a sponsor at Hong Kong Web3 Festival 2025, joining Web3 users, industry leaders, and technology experts from around the world to discuss the future of blockchain technology and digital payments. As a sponsor for the second consecutive year, we look forward to sharing KUN’s practical experience and innovative achievements in Web2+Web3 cross-border payment solutions. We are also eager to engage with partners from various sectors to explore new opportunities that empower the global economy.

KUN (KUN.global) is an innovative digital payment technology company based in Hong Kong and Singapore, built on Web2+Web3 payment licenses and compliance systems. Its business spans emerging markets in Asia, Africa, and Latin America. The company primarily provides secure, convenient, and efficient one-stop digital payment solutions for enterprises and individual clients in cross-border trade, overseas services, and the Web3 industry. KUN is dedicated to building the next-generation global digital payment network for the future.

KUN has developed three core product lines: 

  1. KUN.crypto: The Stablecoin Payment and Management Platform
  2. PayX: The One-Stop Payment Service Provider for Emerging Markets
  3. K-Card: Your Reliable Card Solutions Partner

KUN depends on technological innovation and compliance, empowering businesses to tackle the challenges of cross-border payments and digital asset management while driving the healthy development of the industry.

We look forward to seeing you at Hong Kong Web3 Festival 2025 and embarking together on an exciting journey toward the future of Web3!

KUN：https://www.kun.global/

Hong Kong Web3 Festival 2025: https://www.web3festival.org/hongkong2025/?lang=zh#/en

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Press Release

MAGAVERSE Shakes the Crypto World with $1M Donation to Trump-Endorsed Organizations

Published

6 days ago

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January 16, 2025

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MAGAVERSE, the trailblazing memecoin project, has made history with a stunning $1,000,000 donation to organizations endorsed by former President Donald Trump. The donation, aimed at supporting MAGA initiatives and advancing the cause of freedom, has positioned MAGAVERSE as a serious player in both the cryptocurrency world and the political landscape.

This bold move matches the $1,000,000 contributions from industry leaders like Mark Zuckerberg and Jeff Bezos, sending a powerful message of gratitude and dedication from the MAGAVERSE community.

“It was important to our MAGAVERSE community that we put our money where our mouth is,” said Lee Hutchinson, community leader of MAGAVERSE. “This was our way of saying thank you to a man who has not only saved America but also championed crypto’s future.”

The impact of this donation has been felt far and wide, as MAGAVERSE has garnered national attention and earned a special place in Washington D.C.’s prestigious events this week. Members of the MAGAVERSE team are attending inaugural galas and official balls as special guests, further solidifying their reputation as key players in the crypto and political spheres.

“They are the talk of the town,” a prominent DC insider commented. “Meme coins have traditionally been underestimated, but MAGAVERSE’s $1M donation has changed the narrative. People are now recognizing the influence and vision of this innovative group.”

A Bright Future for $MVRS

The official ticker for MAGAVERSE, $MVRS, is experiencing newfound momentum as MAGA influencers and crypto enthusiasts flock to join the project. With whispers of major announcements on the horizon, the MAGAVERSE core team has hinted at exciting developments that promise to reshape the community and expand its reach.

This milestone donation demonstrates the growing impact of the MAGAVERSE community and the project’s commitment to both political and financial innovation. As the nation watches, MAGAVERSE continues to prove that meme coins are more than a trend – they are a force to be reckoned with.

For more information about MAGAVERSE, visit https://mvrs.wtf/. 

Follow their journey on social media at:

Twitter: https://x.com/mvrs

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Press Release

Paul CHAN Mo-po, Vitalik Buterin among the Top Speakers at Hong Kong Web3 Festival 2025

Published

6 days ago

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January 16, 2025

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Hong Kong Web3 Festival today announced the first-round speaker lineup for its upcoming 2025 edition, which will take place from 6 to 9 April, 2025. The event will bring together representatives from a broad range of experts and leaders in the Web3 space, including:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region

Vitalik Buterin, Co-founder, Ethereum

XIAO Feng, Chairman, Wanxiang Blockchain; Chairman and CEO, HashKey Group

Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong

David Bailey, CEO, Bitcoin Magazine

Genki Oda, Chairman, Japan Virtual and Crypto assets Exchange Association

Lily Liu, President, Solana Foundation

Sreeram Kannan, CEO, EigenLabs

Smokey Bera, Co-founder, Berachain

John Patrick Mullin, CEO, Mantra

Alexander Pack, Managing Partner, Hack VC

Lasse Clausen, Founding Partner, 1kx

Keywolf, Partner and CPO, SlowMist

Blue, Partner and CTO, SlowMist

Rita Liu, CEO, RD Technologies

Devon Sin, Alternate Chief Executive, ZA Bank

YU Chen, Chief Advisor, 鲲KUN

Michael, Co-founder, Brevis

Alex Rawitz, Co-founder, DIMO

Bugra Celik, Director of Digital Assets, HSBC

Stanley Huo, Partner & Head of Asia, Hivemind Capital

Terence Kwok, Founder and CEO, Humanity Protocol

Tetsuya Sanada, CEO, BlockSmith & Co.

David Lee, Chairman, Global FinTech Institute

Hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, Hong Kong Web3 Festival is Asia’s premiere crypto gathering that convenes the world’s smartest minds in the Web3 and crypto space. Its previous editions, which took place in April 2023 and 2024, brought together over 250 exhibitors, more than 800 speakers, 80,000 visitors and 300 side events.

The Web3 Festival 2025 has forged a strategic alliance with the region’s trade statutory body, Hong Kong Trade Development Council (HKTDC). Furthermore, the event has revealed an impressive lineup of 2025 sponsors so far, including:

Title: OKX Web3

Platinum: CKB Eco Fund, SlowMist

Gold: Alchemy Pay, Beyond Gaming Labs, OneKey

Primary: Google Cloud, Hotcoin, 鲲KUN

Secondary: CertiK

Tertiary: Fufuture, Keyblock Solutions, MoneyCollect, PingCap

Knowledge: Brevis

Open Stage: Primecoin

The conference will feature keynote speeches, fireside chat, and panel discussions across various forums, including PayFi session hosted by the host together with RD Technologies, DePIN session by Arkreen, Bitcoin session by CKB Eco Fund, Crypto Finance Forum 2025 by MetaEra, Web3 Security and Compliance Session by SlowMist, Web3 Scholars Conference 2025 by DRK Lab, and more.

Taking an area of over 14,000㎡at the iconic HKCEC, which is 1.5 times larger than previous ones, the conference will create an ideal networking and learning environment, with regular conference areas and exhibition spaces embracing professionals, investors, enthusiasts, and leading projects worldwide who will delve into the latest progress, solutions, trends, and policies in Web3 and crypto.

$399 tickets are available for grabs now! Secure a spot at this fabulous gathering to meet industry leaders and professionals: https://www.web3festival.org/hongkong2025/#/en

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