Mainnet Protocol

WEMIX3.0 is a high-performance EVM-compatible open source protocol powered by SPoA(Stake-based Proof of Authority) consensus algorithm which is secured by 40 decentralized authority nodes operated by highly-qualified global partners as well as on-chain community DAO(Decentralized Autonomous Organization). It is designed to be a robust and efficient platform-driven & service-oriented public blockchain home to innovative projects and applications built by the community for the world.

Decentralized, secure, and scalable

WEMIX3.0 resolves the 'Blockchain Trilemma' by maintaining the balance between decentralization, security, and scalability by implementation of variable total gas fee formula based on the EIP-1559, the 40 WONDERS(WEMIX On-chain Network of Decentralized Ecosystem Regulators) also known as the node council partners, and 4,000 TPS throughput with a 1 second block interval.

Code Base
Ethereum (EVM compatible)
Throughput
Max 4,000 TPS
Block Interval
1 second
Permanent Minting Reward
1 WEMIX per BLOCK
Consensus
Stake-based Proof of Authority w/ RAFT leader selection
Authority
40 Qualified Node Council Partners
Reward Distribution
40% Node Council Partner Reward
10% Staking Reward
25% ECO Fund
25% Maintenance

WEMIX3.0 Roadmap

The journey into the Web3 era, from block zero and beyond.

  • Jul. 1st, 2022
    Testnet

    Initiation of Testnet phase and onboarding of WEMIX Wallet and Governance DApp.

  • Jul. 1st, 2022
    WEMIX PLAY

    Launch of the brand new WEMIX PLAY gaming platform.

  • Q3, 2022
    Mainnet

    Genesis block creation & minting of WEMIX on the new Mainnet.*Halting of WEMIX Classic tokens

  • Q3, 2022
    WEMIX DeFi Service

    Onboarding of DEX, Bridge, Swap, and Lending protocols.

  • Q3, 2022
    WEMIX$

    Implementation of 100% collateralized stable coin.

  • Q3, 2022
    NILE

    Neith Protocol launch and facilitation of DAO proposals.

History

WEMIX1.0Cornerstone
WEMIX was founded in 2019 by WEMADE TREE, a subsidiary company of WEMADE, and began the great journey with a solid vision to create a blockchain gaming platform servicing various games with their own tokenomics on the blockchain network. This was the beginning of WEMIX, the very cornerstone of the blockchain gaming era.
WEMIX2.0Pioneer
In August of 2021, the flagship title MIR4 was published on WEMIX platform to more than 170 countries across the globe as the world's first commercially successful MMORPG that implemented a blockchain economy. This triggered an unprecedented paradigm shift in the gaming industry that bolstered the adoption of blockchain technology onto existing games. WEMIX2.0 was the second phase in the history of WEMIXm leading the industry by pioneering a phenomenon known as P&E(Play & Earn).

WEMIX & WEMIX$

WEMIX3.0 introduces WEMIX$, the official stablecoin protocol with 100% collateralization of on-chain and off-chain secure assets such as USDC and Fiat currencies.

Economic value
The natural flow of value throughout the mega-ecosystem influence the quantitative(TVL) growth of the stablecoin which will directly impact the qualitative(Price) growth of the native coin- WEMIX.
Dynamic relationship
Stability achieved through the stablecoin(Currency Token) positions it to function as a store of value, unit of account, and medium of exchange within the ecosystem secured by full collateralization. The native coin, WEMIX(Utility Coin), functions as a resource with economic value that circulates in and out of the WEMIX ecosystem.
Mega-Ecosystem
The dynamic relationship between WEMIX and WEMIX$ is structured to offer frictionless value flow between Games, DApps, DeFi, and other future services that become available on WEIMX3.0.

WEMIX Wallet

The decentralized native wallet of WEMIX3.0 is like a Web3 banking app- without the bank. WEMIX Wallet provides experience-centric services in managing funds and crypto-assets without the need of custody over them. Meaning, that the wallet is a non-custodial crypto wallet designed to provide your the sole control over your private keys.

WEMIX Explorer

There are two components to the WEMIX Explorer, the Macroscope and the Microscope. Macroscope of WEMIX is the collection of data that directly influences the growth of the ecosystem as a whole, whereas the Microscope analyzes activities including detailed transactions and block validations within the WEMIX blockchain network.