WaykiChain Project — Artificial Liquidation and Systematic Liquidation

Tuan Kreb
4 min readJan 6, 2022

WaykiChain — Artificial liquidation and systematic liquidity are important aspects of investing in crypto currencies. In this article, we discuss the concept behind these two terms and look at how it can help investors make smart investments.

Moreover, we will also look at how the statistics from WaykiChain can be used to make investment decisions. The website of the company provides information on these two topics in a number of ways.

The WUSD stablecoin has been implemented by WaykiChain for broader scenarios, including cross-chain transactions and securities mortgage lending. The decentralized nature of the blockchain platform makes it less vulnerable to corruption.

Third-party access to data is impossible, so the risk of data manipulation is low. As a result, it is safer to invest in cryptocurrencies. The WICC token will complete the ecosystem.

Aside from the cryptocurrency itself, WaykiChain also offers an alternative payment system. The WUSD stablecoin is an alternate currency that works with traditional financial institutions. This digital asset will help investors make smart contracts and manage risks.

The WUSD stablecoin will be used for transactions in cross-chain transactions, securities mortgage lending, and other areas. In addition, WaykiChain features distributed accounting, tamper-free security, and Smart Contracts.

WaykiChain’s public chain has proven its stability and efficiency. The WaykiChain official cannot judge the identity of third parties, and cannot supervise them. This means that users can trade on any exchange.

In addition, it is possible to make smart contracts with the waykiChain stablecoin. The mainnet token completes the ecosystem of the decentralized network. This makes it a highly desirable option for investors.

There are many challenges to implementing a blockchain. First, it is necessary to understand the technology. While many ICOs are based on a blockchain, WaykiChain is an open source platform.

However, the main goal of the project is to use the WICC as a fuel for the network. Secondly, Waykichain’s platform allows users to trade the WICC against other coins.

Currently, the WaykiChain team has over sixty people, including the founder, Valentina Chai. Sun is the Chief Strategic Officer and was among the early investors in the project. The other team members are the technical staff and the management manager.

The development team is led by founders Wayki Sun, who is the CEO and one of the earliest investors. The project’s vision is to be a community-driven platform with a transparent, efficient and safe environment.

In terms of artificial liquidity, WaykiChain uses DPOS as a consensus mechanism, with 11 ledger nodes electing the node with the most votes in the ledger block. It allows users to lock the WICC and receive proportionate interest on their account.

The users will be able to lock their WICC with BTC and EGC. Besides, the WICC will be traded on various exchanges, including Huobi, BCEX, ChaoEX, Hotbit, and CHAOEX.

For artificial liquidation and systematic liquidation, WaykiChain uses a DPOS consensus algorithm. This method is a form of digital democracy, with token holders electing the way in which the system operates. With DPOS, the costs of the network security, operation and maintenance are minimal.

Token holders can also use a token to invest in the network. As a result, they can maximize their token’s value and avoid the risk of losing their money to fraudulent actors.

The DPOS consensus mechanism is used to minimize the impact of centralization and enhance the effectiveness of the public chain. It is best understood as giving token holders the key to voting rights, and is a great way to reduce the cost of security, operation and maintenance.

The DPOS protocol is used by the WaykiChain Foundation to manage capital, and generates 11 accounting nodes, which are generated through the votes of token holders.

The WaykiChain stabilitycoin is developed on the bottom layer of the public chain. It employs a decentralized oracle price feeding system. This system is safer than the MakerDAO stablecoin. Unlike BTC, WUSD is less susceptible to attack. It is theoretically backed by 100 billion dollars. The WUSD is also much more stable than the other digital assets.

WaykiChain enters the 2022 World Cup

WaykiChain Entering the World Cup 2022, a business forecasting project in China, has attracted heated discussion. We have entered the country by successfully carrying out the first phase of projects in North America. In the second phase, we will lead more overseas merchants to participate and achieve an economic development goal of over 1 billion USD! [Disclaimer] This article is written for informational purposes only. It does not constitute a financial advice of any kind.

WaykiChain is predicted to enter the World Cup 2022,and it has already become the football forecast industry’s most discussed event. As early as 2021, it has gradually shifted its development focus to overseas markets like Europe and South America. The team plans to complete the establishment of WaykiChain’s blockchain platform in 2020, which will break through thousands of meters and enter into a new dimension after the completion of stable network connection.

Visit Waykichain:

Website
https://www.waykichain.com/
Waykitime
http://wicc.me/officialweb01
Whitepaper
https://www.waykichain.com/Whitepaper-en.pdf
Telegram
https://t.me/WICCWorldCupOfficial
Twitter
https://twitter.com/wayki_chain
Facebook
https://www.facebook.com/waykichainofficial
Discord
https://discord.com/invite/GWhzn8t
Github
https://github.com/WaykiChain/WaykiChain

Creator:

Bitcointalk Username: Tuan Kreb
Link Profile: https://bitcointalk.org/index.php?action=profile;u=3425575
Wallet waykichain: WZcKZCbN6YK21eLc7pu9v7UanJFsNbhP6X

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