{"id":453817,"date":"2022-05-27T21:15:00","date_gmt":"2022-05-27T18:15:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wemix-gains-200-after-stablecoin-and-boosted-staking-rewards-announcement\/"},"modified":"2022-05-27T21:15:00","modified_gmt":"2022-05-27T18:15:00","slug":"wemix-gains-200-after-stablecoin-and-boosted-staking-rewards-announcement","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wemix-gains-200-after-stablecoin-and-boosted-staking-rewards-announcement\/","title":{"rendered":"# WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3f585cc356f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3f585cc356f\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/wemix-gains-200-after-stablecoin-and-boosted-staking-rewards-announcement\/#%E2%80%9D_WEMIX_gains_200_after_stablecoin_and_boosted_staking_rewards_announcement_%E2%80%9C\" >&#8221; WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/wemix-gains-200-after-stablecoin-and-boosted-staking-rewards-announcement\/#WEMIX_30\" >WEMIX 3.0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/wemix-gains-200-after-stablecoin-and-boosted-staking-rewards-announcement\/#New_partnerships_boost_excitement\" >New partnerships boost excitement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/wemix-gains-200-after-stablecoin-and-boosted-staking-rewards-announcement\/#Increased_staking_rewards\" >Increased staking rewards<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_WEMIX_gains_200_after_stablecoin_and_boosted_staking_rewards_announcement_%E2%80%9C\"><\/span>&#8221; WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-2a0745c6>Blockchain-based gaming, also known as <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">Game<\/a>Fi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>.<\/p>\n<p>WEMIX, a gaming protocol that operates on the Klaytn network, aims to get in on the GameFi revolution and this week, the project&#8217;s native token (WEMIX) rallied even as the wider market continued to sell-off.<\/p>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a> shows that since hitting a low of $1.27 on May 12, WEMIX price climbed 269% to hit a daily high at $4.70 on May 25 as its 24-hour trading volume increased to $652 million. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-05\/a1a5344a-f245-4ff8-be3f-4c2f4b2a0e41.png\"><figcaption style=\"text-align: center;\"><em>WEMIX\/USDT 1-day chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>Three reasons for the price reversal for WEMIX are the upcoming launch of WEMIX 3.0, a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of project launches and partnership agreements, and the introduction of lockup staking for token holders. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"WEMIX_30\"><\/span>WEMIX 3.0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The main development attracting attention to WEMIX is the protocol&#8217;s planned mainnet launch, which is scheduled to take place on June 15. <\/p>\n<p>WEMIX 3.0 will be an Ethereum\u00a0virtual machine (EVM) compatible public chain that will utilize a stake-based proof-of-authority (SPoA) consensus algorithm. <\/p>\n<p>As part of the mainnet launch, WEMIX will also be introducing the WEMIX Dollar (WEMIX) as the native stablecoin of the ecosystem. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-05\/16fbf8e2-553c-461e-920e-d1197e3f5aab.jpg\"><\/figure>\n<p>WEMIX will be a 100% collateralized stablecoin, backed by USD Coin (USDC) and off-chain assets like fiat currencies. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"New_partnerships_boost_excitement\"><\/span>New partnerships boost excitement<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>May has been a busy month for the WEMIX protocol after multiple games launched or announced their upcoming launch dates on the network. New additions include Crypto Ball Z, Four Gods and Every Farm, as well as the onboarding of the SpoLive sports prediction game. <\/p>\n<p>Along with protocol launches, WEMIX announced several strategic investments including being the lead investor in the Old Fashion Research (OFR) crypto fund as well as an investment in an U.S.-based augmented reality\u00a0metaverse startup called Jadu. <\/p>\n<p>On May 17, the team behind WEMIX also signed a memorandum of understanding with the Vietnam Blockchain Association. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Former Binance executives launch $100 million venture fund<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Increased_staking_rewards\"><\/span>Increased staking rewards<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>WEMIX also launched Stake360, an incentive that offers WEMIX holders boosted staking rewards for committing to an extended lockup period.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/WEMIX?src=hash&amp;ref_src=twsrc%5Etfw\">#WEMIX<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Lockup?src=hash&amp;ref_src=twsrc%5Etfw\">#Lockup<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Staking?src=hash&amp;ref_src=twsrc%5Etfw\">#Staking<\/a> \u300cStake360\u300d Notice<\/p>\n<p>\u2753What is <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Stake360?src=hash&amp;ref_src=twsrc%5Etfw\">#Stake360<\/a>?<br \/>&#8211; Stake360 is 90 days\/180 days\/270 days\/ 360 days maturity reward staking service.<\/p>\n<p>Details of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Maturity?src=hash&amp;ref_src=twsrc%5Etfw\">#Maturity<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/reward?src=hash&amp;ref_src=twsrc%5Etfw\">#reward<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Heritage?src=hash&amp;ref_src=twsrc%5Etfw\">#Heritage<\/a> system, and Token <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Airdrop?src=hash&amp;ref_src=twsrc%5Etfw\">#Airdrop<\/a> is provided below : <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ceeAxW1Z2f\">https:\/\/t.co\/ceeAxW1Z2f<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/u973uVvC6Z\">pic.twitter.com\/u973uVvC6Z<\/a><\/p>\n<p>\u2014 WEMIX (@WemixNetwork) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/WemixNetwork\/status\/1527134728658497536?ref_src=twsrc%5Etfw\">May 19, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In addition to the standard 7% staking reward available to all token holders, investors who agree to a 90 to 360 day lockup can earn from 9% to 20.28%.<\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/wemix-gains-200-after-stablecoin-and-boosted-staking-rewards-announcement\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement &#8220; Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology. WEMIX, a gaming protocol that operates on the Klaytn network, aims to get in on the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":453818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvZWY4NDRjZTktM2JjYi00NTg3LThkZmEtMTdhMzA2YTI3NjYwLmpwZWc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74894,74863,74868,75150,95118,80064,75493,74355,10751,73711,73785,74688,71813],"class_list":["post-453817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-blockchain","tag-cryptocurrencies","tag-defi","tag-market-update","tag-nft","tag-partnership","tag-stablecoin","tag-adoption","tag-gaming","tag-investments","tag-markets","tag-partnerships","tag-vietnam"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/453817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=453817"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/453817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/453818"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=453817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=453817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=453817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}