Defi Protocol Paxo Finance Rebrands to WeFi, Gears up for First Product Release
Dubai / Apr 11,2023: Paxo Finance, a DeFi infrastructure startup announces its rebranding to WeFi as it prepares for the launch of its first major product release. WeFi, which stands for "We Finance," is a decentralized finance (DeFi) protocol that focuses on building products for the masses with a vision of inclusiveness and accessibility.
WeFI is backed by funds like Cogitent Ventures, Big Brain capital, PHD Capital, Zebpay, China Polka, BMW Capital and others in their seed round.
Under the new brand, WeFi will be built on the key pillars of omnichain, composable, permissionless & trustless, and technologies. The protocol aims to solve the fragmentation and user experience issues currently present in the DeFi space by bringing a more inclusive and easy-to-use DeFi experience to...