-
Cryptocurrencies
-
Exchanges
-
Media
All languages
Cryptocurrencies
Exchanges
Media
Wayki-X is a decentralized synthetic asset issuance system developed based on the WaykiChain public chain.
ROG is the core asset of Wayki-X, which is the decentralized synthetic asset protocol of WaykiChain. ROG holders can guarantee that ROG mints xUSD stablecoins and become shareholders of the system, so they can get additional ROG rewards through system inflation. They can offer xUSD to synthetic currency traders and get rewarded based on their debt ratio for transaction fees as well as the net income of the entire trading market. ROG stakers need to repay all xUSD debt to redeem ROG collateral. Traders can use xUSD to integrate other assets, including cryptocurrencies, US and Hong Kong stocks, commodities, and gold.
ROG is the core chip in WaykiChain's decentralized synthetic asset protocol Wayki-X. ROG holders can use it to mortgage and synthesize xUSD stablecoins and provide them to synthetic asset trading users, and obtain the system according to the debt ratio The newly issued ROG and the xUSD share in the transaction reward pool, as well as the net income generated by the entire transaction market. ROG mortgage users need to redeem the mortgaged ROG after repaying all xUSD debts. Trading users can use xUSD to synthesize other types of assets, including encrypted assets, US and Hong Kong stocks, commodities, gold, etc. At present, it provides spot trading of synthetic assets, and derivatives such as futures contract trading will be launched in the future. Both ROG and xUSD can be circulated in Wayki-DEX.
ROG will be officially launched on September 25th. The appearance of ROG has completely opened up the DeFi ecosystem of WaykiChain. ROG is linked to WICC and WRBT, which is also in line with the current "new currency mining" model. The core link in Wayki-X, a chain-decentralized synthetic asset protocol, opens up the synthetic asset market.
ROG is not an isolated digital token. It is not only supported by the decentralized synthetic asset protocol Wayki-X, but also closely related to the entire DeFi ecosystem of WaykiChain, intertwined into an unbreakable value network, thus Get comprehensive support from WaykiChain DeFi ecosystem.
Tianjicoin ROG has no crowdfunding, no pre-mining, and no reservation by the team. The genesis period can only be obtained through WICC or WGRT pledge mining, and it truly belongs to the community. This will not only allow each WICC and WGRT holder to obtain the Tianji currency ROG for free, but also make ROG closely related to WICC and WGRT, mainly reflected in:
(1) Pledge WICC/WGRT to obtain ROG, so that ROG can obtain the corresponding value anchor.
(2) Pledging WICC/WGRT will reduce its market circulation, which will help expand the value space of WICC and WGRT.