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WeMade invests in DeFi service claims swap

Wemade (CEO Jang Hyun-guk) announced on the 7th that it has made a strategic investment in ClaimSwap, a new Klaytn-based De-Fi (decentralized finance) service.

Claims Swap is a decentralized financial protocol to be launched this month. Its main function is to support exchanges between Klaytn-based cryptocurrencies in a decentralized environment. Service participants can directly provide the liquidity required for cryptocurrency exchange, and as a reward, they receive a governance token CLA that can exercise their rights to the operation and policy of the protocol. The claims swap will become Klaytn’s global DEX (decentralized exchange) and accelerate service advancement.

WeMade is focusing on the overall blockchain business such as games, metaverse, NFT, and DeFi, and this investment will spur the expansion of the DeFi ecosystem. Within this year, Klaytn plans to launch KLEVA, the first leveraged interest farming defi service, and a Wemix single staking model that allows you to receive a Wemix token as a reward by depositing the Wemix token in the Wemix wallet.

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Strategic investment in Wemade, Klaytn-based DeFi protocol claims swap.

WeMade CEO Jang Hyun-guk said, “Through this investment, we plan to expand our capabilities in the field of DeFi, which will grow explosively in the future.

A claimsswap official said, “Just as Uniswap and Sushiswap have explosively grown the Ethereum token ecosystem, we expect the Klaytn token ecosystem to grow even more after the claimsswap launch. We anticipate that we will be able to create synergy with each other by actively linking with various DeFi services launched by WeMade.”

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