WGRT, the governance coin supported by WaykiChain's decentralized lending platform. The platform provides decentralized collateral lending services for users worldwide. The stable fee and penalty fee received by the system will be used to recycle WGRT on the market and destroy. WGRT holders will enjoy the benefit of the eco-system and at the same time, be responsible for governing the system through adjusting parameters like interest and penalty rate.
WUSD, a stablecoin whose value is pegged to USD, is developed based on the core layer of the WaykiChain public chain. WUSD can be generated thru a collateralization of WICC,BTC or ETH on WaykiChain's decentrazlied lending system.
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications
Deposit money. Spend yields.
Pylon Protocol is a decentralized finance (DeFi) framework for principal-protected, yield-based products and services. Built by Terraform Labs (TFL) on the Terra blockchain, Pylon introduces a new mechanism for long-term incentive alignment between users and service providers where payment is rendered via cash flow rather than upfront expenditure.
In essence, users can deposit Terra stablecoins into platforms integrated with Pylon Protocol in return for platform-specific rewards, including but not limited to exclusive content, no-fee memberships, project token farms, perpetual charity donations, arts patronage, rental services, and principal-protected investments. Upon subscription expiry, users can withdraw their pledged principal in full. Yields generated from savings protocols such as Anchor Protocol are diverted to service providers under the terms explicitly specified in the deposit contract.
The flagship product of the protocol is Pylon Gateway, a decentralized project launchpad and crowdfunding-via-yield platform for Terra, where users can deposit TerraUSD (UST) for a designated vesting period to earn project tokens and governance rights.
The Pylon token MINE is a CW20 token that originally launched on Pylon Gateway. The main function of MINE is to allow holders to engage in protocol governance and earn a portion of protocol yields generated across all Pylon platforms and projects. MINE tokens also serve as an incentives gateway to encourage user deposits into platforms powered by Pylon Protocol.