Whelp: A DeFi Token Hub on Coreum

Coreum
3 min readJan 5, 2024

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Whelp, a pioneering DeFi Smart Token Hub, is strategically built on the Coreum blockchain. The platform is engineered to make trading and managing smart tokens not just seamless but exceptionally intuitive, positioning itself as a vital component of the rapidly expanding Coreum ecosystem.

The Whelp Dex:

At the heart of Whelp’s offerings is its decentralized exchange (DEX), a testament to the Hub’s advanced technological know-how and expertise. The DEX is uniquely designed to facilitate the trading and management of smart tokens, a feature that sets a new standard in the DeFi space. Users can interact with smart tokens that boast advanced programmable functionalities, all powered by the secure and efficient Coreum blockchain. These tokens, capable of executing complex financial operations autonomously, bring unparalleled flexibility to the user experience.

A Blend of Innovation and User Experience:

Central to Whelp’s ethos is its commitment to delivering a user-centric experience. Backed by the Wave 2 Grant from Coreum, the Whelp team is dedicated to transforming this vision into reality. Their efforts have been fruitful, leading to significant developments including smart contract creation, frontend development, and the integration of innovative Swap and Liquidity Pool (LP) functionalities.

Vision and Future Roadmap:

With the mainnet launch imminent, Whelp is focused on nurturing a robust community and the successful debut of its DEX. However, the vision extends far beyond these initial steps. Whelp aspires to forge strategic partnerships, enhance Total Value Locked (TVL), and introduce a series of new DeFi protocols. These protocols are envisioned to not only complement the Coreum ecosystem but also integrate seamlessly with the broader Cosmos network. This long-term strategy is aimed at cementing Whelp’s position as a leader in DeFi innovation, offering a diverse range of services from advanced asset management to decentralized financial solutions.

Security and Compliance:

In the rapidly changing world of DeFi, security remains a top priority for Whelp. The platform is designed with robust security protocols to ensure the safety of users’ assets. Additionally, Whelp is committed to adhering to emerging regulatory standards, positioning itself as a trustworthy and compliant DeFi hub in the global market and for enterprises alike.

Community Engagement and Governance:

Recognizing the importance of community DeFi, Whelp plans to implement elements of a governance model to empowers its users. This model will allow token holders to have a say in key decisions, ensuring that the platform evolves in alignment with the needs and aspirations of its community.

Whelp is not just a token platform but a comprehensive DeFi ecosystem, driven by innovation, user experience, and a forward-looking vision. It stands poised to redefine how we perceive and interact with smart tokens, making them more accessible, efficient, and secure for all.

Try on Testnet:
Whelp is now live on testnet. Users can replicate swaps, trades, and smart token management.

About Coreum

Coreum, the world’s first Superledger. A 3rd-generation, layer-1 blockchain architected for enterprises of any size, from startups to large corporations. Providing a remarkable transactional speed of up to 7,000 TPS and ISO20022 compliance ensures expedient and economical transactions across a swift and secure PoS network.

As an Enterprise Graded Blockchain (EGB), Coreum introduces a new layer of programmability with ‘Smart Tokens’, enabling robust use cases through WASM-based smart contracts, including tokenized RWA’s and Neobanking applications.

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Coreum
Coreum

Written by Coreum

Blockchain infrastructure architected to meet critical scalability, security, and interoperability needs to power enterprise solutions on-chain. #Superledger

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