What Is WeBuy (WE)?
WeBuy Token (WE) is the utility token for the WeRent Platform, an innovative solution that allows users to rent and lend non-fungible token (NFT) assets. With WeRent, users can explore the benefits and utilities of various NFTs by renting them before deciding to make a purchase. The platform supports a broad range of NFT types, including art, utility NFTs, and more, extending beyond just profile pictures (PFPs).
Utility of WE Token WE is the core token within the WeRent ecosystem, supporting multiple functions, such as staking, accessing platform features, and earning rewards. By staking WE, users can unlock various tiers and earn rewards.
Features of the WeRent platform:
- NFT Renting and Lending: Users can rent and lend NFTs on the platform, with options for both collateral-free and collateralized rentals, giving flexibility to both lenders and renters.
- Staking Tiers & Earn: Stake WE tokens to access exclusive tier-based benefits and earn rewards based on your staking level.
- Lucky Draw: Participate in lucky draws to win rewards and bonuses, enhancing the user experience on WeRent.
- Achievements: Earn achievements through platform activities, unlocking unique benefits and building a personalized experience for each user.
- Voting & Proposal: Although optional, community involvement is encouraged through voting and proposals for potential platform improvements.