Description

WEM Coin is the World Eco Money blockchain’s native instrument and the first coin launched on Layer 1.
WEM Coin is a secure cryptocurrency tied to a fiat currency.

WEM coin must be implemented on its own Layer1 Blockchain from beginning to accomplish essential features like speed and scalability.

WEM coins can no longer be mined and can only be minted by outside investment.
WEM coins can be obtained using any cryptocurrency or tokenized asset that WEM blockchain currently accepts.

WEM Coins are minted and credited by sending any accepted cryptocurrency or token to the WEM Bridge.

If unstable (volatile) instruments were used to purchase stable WEM Coin, the cost of those volatile instruments is fixed at the time of arrival according to exchange rate.

WEM Coins can also be withdrawn to any supported cryptocurrency or token. The specified exchange amount will be transmitted from WEM Bridge or Treasury, and the equivalent quantity of WEM coins will be burned by transferring them to the burning wallet with an address similar to WEM10000000000001234…

The value of the WEM Coin doesn’t fluctuate as it is pegged to USD. For example, 1 WEM always costs 1 USD.

The value of a WEM coin can never rise above 1 USD (such as 1 USD!= 1.00001 WEM) or fall below 1 USD (such as 1 USD!= 0.999.. WEM). We did this to avoid manipulations.

As a result, WEM Coin cannot be “de-pegged” and will always preserve its value.

FEES:

[table id=2 /]