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What are the functions provided by WeBuy platform?
WeBuy platform provides five functions including Fractionization, DaoBuy, Staking, LP Farming, and Governance, each of them provides services to users through interaction. WeBuy intends to provide additional rewards using non-fungible assets by providing the NFTFi function that combines NFT + DeFi beyond simple NFT ownership. Through Fractionization, WeBuy provides the ability to divide ownership of NFTs by KIP-7 and ERC-20 tokenization, and makes it possible for multiple people to own a single NFT together.
$WE is the governance token in the Webuy ecosystem, which is deployed on the Klaytn network. The utilities of $WE conclude staking for voting rights/rewards, creating the proposal, voting for governance, and token burn or buy back.
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What Is WeBuy (WE)?
WeBuy Token is a utility token on the WeRent Platform. WeRent provides an easy way for users to rent and lend non-fungible token (NFT) assets. Individuals can choose to rent an NFT from a specific project to experience its utilities and benefits before making a purchase. NFT rentals are available for various types of NFTs, including art and utility NFTs, and are not limited to profile pictures (PFPs).
WE is the utility token used for:
- Staking program for tier & earn
- Used for governance votes also proposal to improve the ecoystem of WeRent platform
Features of the WeRent platform:
- Rent & Lend NFT
- Staking Tier & Earn
- Governance (Voting & Proposal)
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