Blockchain ecosystem WeFi has revealed plans for a Token Generation Event for its $WFI token, which will initially launch on the Binance Smart Chain before moving to the WeChain network. The $WFI token will serve as the main utility coin for WeFi's products and applications, enabling transfers, trading on both centralized and decentralized exchanges, and providing collateral for the Neobank. The token's total supply is limited to 1 billion, and its distribution prioritizes user and community engagement through mining. $WFI also supports liquidity pools for passive income and aims to reduce remittance costs through cost-efficient transfers.



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