The background and original intention of WCMD

in cmd •  4 years ago 

Hello, I’m Reed Franklin, developer of WCMD. today, I am very happy to introduce to you the original intention and background of WCMD.

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With the large-scale application of the platform ecological chain and the rapid development of blockchain technology, after years of deep cultivation and continuous polishing of products, WCMD will choose to deploy on the star ecological Heco, and fully promote the ecological construction on Heco, so that more users, participants, and investors can enjoy the development dividend of the platform ecological chain.

WCMD proposes a decentralized financial solution for smart flash swap of assets on the chain, allowing individuals and institutions to easily execute smart contract-based flash swap agreements on Heco .

Our Dapp has the advantages of decentralization, no permission, aggregated transactions, programmable, high transparency and credibility. Using smart flash swap as the starting point, we will gradually build WCMD into a DeFi ecosystem that aggregates all smart contract services, which including but not limited to transaction end, asset end, lending end, cross-chain end to build a DeFi application matrix with good user experience, and eliminate the need for middlemen and third parties. This will greatly improve the efficiency of individuals or institutions and bring new directions and industrial innovation to the global financial industry.

Next, our Dapp will gradually open smart flash swaps, transaction mining, liquidity mining, decentralized cross-chain bridges with the launch of Heco. With the transition from V1 to V2, it will provide users with more product modules and application functions.

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