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Wemade unveils new roadmap for DeFi protocol KLEVA

Crypto Chain Wire

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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

Introducing the Plena App: A Revolutionary Crypto Super App

Team Bitcoin Daily

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We are excited to announce the launch of the Plena App, a groundbreaking crypto super app that seamlessly blends the security of self-custodial wallets with the convenience of centralized applications. Today marks a significant milestone in the world of cryptocurrency as we introduce a platform designed to revolutionize how users interact with digital assets.

What is Plena?

The Plena App is an advanced crypto super app that offers users unparalleled security through self-custodial wallets while providing the ease of use typically associated with centralized applications. With Plena, users can invest in over 100,000 cryptocurrencies, manage transactions, perform asset swaps, and bridge assets with just a single tap. This innovative platform leverages Account Abstraction technology, making it the first of its kind in the crypto space.

Key Features

– Self-Custodial Wallets: Plena ensures users have complete control over their digital assets, combining robust security with user autonomy.

– Comprehensive Investment Options: With access to over 100,000 cryptocurrencies, Plena provides diverse investment opportunities.

– Seamless Transactions: Facilitating quick and easy transactions, Plena makes managing your crypto assets straightforward and efficient.

– Asset Swaps and Bridging: The app allows for effortless asset swaps and bridging, enhancing flexibility and usability for crypto enthusiasts.

– Account Abstraction Technology: Plena’s innovative use of Account Abstraction technology sets it apart, offering a unique and superior user experience.

 Launch Details

We are proud to officially launch the Plena App today. This pioneering platform is set to transform the crypto landscape, providing users with a secure, convenient, and innovative way to manage their digital assets.

Contract Address: 0xed68931e351ee97e8f77c64181475a6e3f2bd573

Join us in this exciting new chapter of cryptocurrency innovation. Visit our website or follow us on X to stay updated with the latest developments and features of the Plena App.

For more information, visit our website or follow us on X.

Website: http://www.plena.finance

X:http://x.com/PlenaFinance

Token: PLENA

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Press Release

How Bitcoin Lotteries Work and Differ from Conventional Lotteries

Crypto Chain Wire

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The world of lottery just got an upgrade and it is global, secure, and powered by the future of finance: Bitcoin.

In this article, we dive into the exciting world of Bitcoin Lottery which offers a seamless and transparent experience. We will break down what Bitcoin lotteries are, how they work, and what sets them apart from your conventional lottery system.

What is a Bitcoin Lottery?

Bitcoin lotteries work like traditional lotteries but with a modern digital spin. Instead of using fiat currency, participants use cryptocurrencies like Bitcoin.

Here’s how it works: you buy a lottery ticket with cryptocurrency, choose your numbers, and wait for the draw. If your numbers match the drawn numbers, you win a prize – paid out in Bitcoin or other chosen cryptocurrencies.

What Makes Bitcoin Lottery Games Stand Out?

Here are the features that make Bitcoin lottery games a top choice for players.

  • Transparency and Fairness: One of the biggest advantages of the Bitcoin lottery is the use of blockchain technology. Blockchain ensures that every transaction and draw is recorded on a decentralized ledger that’s accessible to all players. This transparency eliminates worries about rigged results as players can verify each draw independently.
  • Security: Using cryptographic algorithms, Bitcoin lottery games offer extra security. The decentralized nature of blockchain means malicious actors can’t manipulate the results of the draws.
  • Global Accessibility: Unlike traditional lotteries which are limited by geographical boundaries, crypto lotteries are accessible from anywhere in the world. As long as you have an internet connection and a digital wallet, you can play. This global reach increases the player base and potentially the prize pool.

Regular Lotteries vs. Bitcoin Lotteries: A Comparison

1. The most obvious distinction is the utilized currency. Ordinary lotteries utilize fiat currency like dollars or euros, whereas a Bitcoin lottery uses Bitcoin or other cryptocurrencies.

2. Transactions in Bitcoin lotteries are faster and may have lower fees than buying traditional lottery tickets. This is so because Bitcoin transactions eliminate intermediaries like banks, therefore lowering the delays and expenses related to bank fees and currency exchanges.

3. Prizes in Bitcoin lotteries are in BTC or other cryptocurrencies which can be attractive because of the potential for value growth. Certain Bitcoin lotteries also provide quick payouts, hence improving the convenience for the winners.

4. Bitcoin lotteries usually employ “provably fair” algorithms. Unlike other lotteries, this system lets players use cryptographic techniques to confirm the fairness of the draw outcomes.

Why should one try a Bitcoin Lottery?

Apart from the thrill of maybe winning large, crypto lotteries provide several special benefits:

• Safe and open: You can verify every single draw and transaction.

• There are no geographical restrictions; play wherever on the planet.

• Cut expenses by means of lower transaction fees.

• Instant Payouts: Get your winnings easily and quickly. 

Bottom Line

With improved security, transparency, and worldwide accessibility, a Bitcoin lottery presents a fascinating and creative variation of the classic lottery.

These lotteries are a reliable choice for gamers all around as they guarantee fair and clear results by integrating blockchain technology. Regardless of your experience level, Bitcoin lottery games provide a modern way to try your luck and potentially win big.

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Press Release

Introducing Grok-1.5V: Revolutionizing Multimodal AI

Team Bitcoin Daily

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We are thrilled to announce the launch of Grok-1.5V, our groundbreaking first-generation multimodal model. Grok-1.5V, the latest innovation in artificial intelligence, promises to redefine how we interact with and understand the world around us. 

Unveiling Grok-1.5V

Grok-1.5V stands out with its exceptional text processing capabilities, but it goes beyond that. This advanced model can now process a wide array of visual information, including documents, diagrams, charts, screenshots, and photographs. This enhancement allows Grok-1.5V to offer a more comprehensive understanding and interpretation of both textual and visual data.

Capabilities

Grok-1.5V is designed to be competitive with existing frontier multimodal models across various domains. From multi-disciplinary reasoning to understanding complex documents, scientific diagrams, and real-world photographs, Grok-1.5V excels. 

We are particularly proud of Grok’s performance in our new RealWorldQA benchmark, which measures real-world spatial understanding. In zero-shot settings, without chain-of-thought prompting, Grok-1.5V consistently outperforms its peers, showcasing its superior capability in understanding the physical world.

Launch Details

Grok-1.5V will be available soon to our early testers and existing Grok users. We are excited to bring this new level of AI understanding to our community.

Join us as we launch Grok-1.5V on BASE at 19:20 Beijing time today. Don’t miss this opportunity to be part of the future of AI.

Contract Address: 0xeeB0Ea9EcD0Ab9a7a210fA66FCf58ce4747235E6

Stay tuned for more updates and innovations from our team as we continue to push the boundaries of what’s possible with AI.

For more information, visit our website or follow us on X.

Website: https://x.ai

X: https://x.com/xai

Token: x.AI

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