HYIP is essentially a Ponzi scheme but Wedefi is more often not a Ponzi but falls under the crypto niche. It involves investing and awaiting profits from activities such as affiliate marketing and consistency.
On Wedefi.com, the common term “Borrowed Balance” refers to tokens that you have limited time to use starting on current day and ending at a set date in the future.
These tokens are known as borrowed tokens. Using functionality from Fusion, a token can have its ownership split across time so that instead of spending or risking the full value of the token, only slices of values are utilized.
I will recommend you read this article carefully before joining to have a full and clear idea.
Wedefi is a platform that enables users to use their crypto assets to earn interest and play in lottery jackpots without ever giving up control or compromising on security
Wedefi also Promice members will enjoy the benefits and independence of the digital economy without the technical headaches and complexity
As a one-time signup bonus, WeDeFi gives members 100 borrowed FSN to earn with. They also give you 0.4 FSN to cover over 400 transactions in gas fees and you own short address / universal short account number(USAN).
Earn up to 20% APY with the tap of a button. Join the new earning economy with instant access, no risk, and no lockups
Try your luck with Safebet, our risk-free lottery. You get your money back, whether you win or lose. Take a chance at big prizes without getting burned
Refer friends and climb the ranks to more lucrative rewards for both you and your friends.
Usernames personalize the crypto experience while still maintaining your independence and full control of your assets
Your WeDeFi username is unique and linked to your wallet. Other WeDeFi users will be able transact with you using your username, including sending you tokens.
Sadly, if you lose your wallet key phrase, you lose your username! Yet another reason to make sure your key phrase is backed up and stored in a safe place.
How To Earn on Wedefi
Use your FSN to earn interest and grow your stash with no time commitments.
Invite your Friends
Grow your Troop with your Referral Code. Earn rewards for you and your troops.
Meet rank requirements to get even more rewards! Earn badges and show them off.
Earn up to 8X more! The higher your rank, the more you and your referrals will earn.
Wedefi Affiliate Program
The Million Pig Army program rewards our believers and their network for getting the word out about WeDeFi. You are our best advocates and we want you to have fun and be rewarded as you spread the news.
Each person that joins using your referral code, which is your username, becomes part of your troop. The more people you refer, the more both you and your referrals will earn.
Upon meeting certain requirements, you rank up so and each referral bonus going forward doubles from the previous rank. At the current unlocked rank of Major, referrers can earn 8x more per referral than a Private.
Each rank offers new rewards and new missions to move up and earn even more. Start as a lowly Private and work hard to make your way up to Major!
Refer 1 person
Refer 5 people
Maintain 275 FSN in Interest
Refer 15 people
Must command 3 Lieutenants
Maintain 1,500 FSN in Interest
Refer 30 people
Must command 5 Captains
Maintain 5,000 FSN in Interest.
If you withdraw your deposited tokens, WeDeFi automatically looks for and combines your borrowed tokens with matching upcoming tokens to create whole tokens.
Wedefi Supported Countries
Another important aspect about this WeDeFi review is they fact they are constantly adding support for new countries.
Their application is available in Austria, Australia, Belize, Brazil, Canada, China, Colombia, Cyprus, Estonia, Finland, France, Germany, Ghana, Greece, Ireland, Italy, India, Kenya, Latvia, Lithuania, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Russia, Spain, Singapore, South Korea, Suriname, Sweden, Tanzania, UK, and US, Vietnam.
Is Wedefi Scam or Legit
Anyways, team Xycinews can’t pronounce Wedefi scam or legit because we wrote Wedefi Review Article.
We work with researched field report, verified evidence or users comments, so this is a potential prediction from all the information gathered.
WAIT… …. WHAT YOUR ASSUMPTIONS NOW ?
Is Wedefi Legit?
Is Wedefi Scam?
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Is Wedefi Scam
WeDeFi does not store your key phrase anywhere in our servers. The beauty of decentralized finance is that each person can be their own bank without having to rely on 3rd parties.
At the same time, it means you are also responsible for protecting and backing up your access to your wallet.
Also on WeDeFi.com all private keys and sensitive data are stored on your local device they are safely protected with Android SharedPreferences and iOS keychain.
This means only the app itself has access to the data it uses. Even if a hackergains root access to your device, we took extra measures to protect your private keys using military-grade encryption methods.
Your private keys are only decrypted at the moment you need to sign a transaction or when you reveal your key phrase to write it down.
Is Wedefi legit
Staking allows blockchain protocols–the revolutionary backbone of a transparent and accessible finance ecosystem for everyone–to check that transactions are real and store this information. In return for providing this service, people who stake are paid a reward.
WeDeFi is able to create a Staking solution that is safer than others. This 1 year, which starts from date of deposit to 1 year in the future, is then classified as a Borrowed token. Have no fear, you still own your token!
If you go to Position details screen, you will see the Future portion of your token in the Upcoming balance, safe in your own wallet.
This Wedefi Review Article isn’t aimed at defaming Wedefi nor is it targeted to promoting them. This article is strictly for enlightening purposes and a honest guide from our perspective which other Platforms might not publish timely.
There is no guarantee that you will make these levels of income after joining and you accept the risk that the earnings and income statements differ by individual.
Additionally, you can’t hold the administrator responsible even when it fails because it’s an online earning scheme.
Team Xycinews is no third party and we can’t handle any complients whatsoever.
The Blogger Scientist
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