Wemade creates the WEMIX/USDC pool in Uniswap V3
Wemade aims to leap forward as a global leader with its interoperability in Ethereum
SINGAPORE, July 27, 2022 /PRNewswire/ -- Wemade, a South Korean game and blockchain company announced today that they are set to provide liquidity on Uniswap, the largest Decentralized Exchange (DEX) on Ethereum. This is the first time Wemade provides liquidity with the Ethereum ecosystem and the move signifies WEMIX's biggest step towards global expansion.
Wemade announced that it had created the WEMIX/USDC pool in Uniswap V3, which mainly features its 'Concentrated Liquidity' for better capital efficiency. A total liquidity of 1.6 million WEMIX was provided, in which 0.8 million WEMIX and additional USDC worth 0.8 million WEMIX tokens were used for creating a pair pool on Tuesday. That is, 0.8 million WEMIX reserved by Wemade were exchanged into USDC, and all of the exchanged USDC amounts were provided to create the WEMIX/USDC pool.
Wemade has...
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