Welnance Coin on BNB Chain

Introducing Welnance Coin (WEL): A New Arrival on the BNB Chain

Welcome to the detailed profile of Welnance Coin (WEL), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Welnance Coin (WEL) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about Welnance Coin (WEL) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about Welnance Coin (WEL) and find answers to some frequently asked questions.

Token description

## What Is Welnance Protocol (WEL)? Welnance is a protocol on the Binance Smart Chain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers(and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to a Welnance asset (such as BNB , a BEP-20 stable coin such as BUSD, or a BEP-20 utility token such as Augur), and contains a transparent and publicly inspectable ledger, with a record of all transactions and historical interest rates. ## Welnance Mission Welnance's mission is to promote financial freedom and choices for the world population by offering fast, secure, reliable financial products and services to customers. ## Welnance Vision By leveraging blockchain technology, Welnance joins Digital World to revolutionize financial systems and services where wealth is accessible for all with financial freedom and choices WEL is the native utility token that is used for: * Supplying Assets * Borrowing Assets * Running smart contract on the BEP-20 network via staking WEL tokens. * Used for governance votes to determine how network resources are allocated. * Trading exchange * Ecosystem * Blockchain R&D * Voting Incoming projects include: * Welnance Defi * Welnance Trading exchange * Welnance Wallet * Welnance Crypto Mining. * Welnance pay will be used in the special economic zone. ## How Many WEL Coins Are There in Circulation? WEL Protocol launched its mainnet on Oct 15, 2021 with 5 billion WEL tokens created at genesis. 20% of additional supply is issued for platform development, R&D, and marketing, 80% goes to the public such as Defi, Exchange, and public services. ### Where Can I Buy Welnance Protocol (WEL)? WEL is available for trading on a growing number of Defi and trading online exchanges, with cryptocurrency. for more detail please check (https://welnance.finance/), https://welnance.com/, and https://coinmarketcap.com/currencies/welnance-finance/ for the release date.