wefi-logoSign up
Home / Blog / 
The WeFi Journey: Charting the Course for Decentralized On-chain Bank

The WeFi Journey: Charting the Course for Decentralized On-chain Bank

Nevertheless, we wanted to give you an insight into the rollout we are planning to reach our final destination: a fully fledged and operational deobank. So, think of this roadmap as a step-by-step guide showing all the exciting features and upgrades planned for the deobank and WeFi ecosystem itself. It's divided into several distinct "Episodes" each building upon the last to create a richer experience. Let's explore what each episode has in store!

Season 1 - The WeFi App

Episode 1: Setting the Stage - 5th of May 2025

The first episode focuses on establishing the core elements and getting the initial users onboard. It's about building the foundation for everything that follows. Key features introduced here include:

  • Web-based & Telegram WeFi App: Using your web browser to manage your bank account is nothing new, but it is a vital part of building our deobank. We also threw in an option that we thought would please the crypto natives: a Telegram App. You will be able to manage everything directly from the social media app.
  • [Open Beta] Virtual cards: Early testing access to digital payment cards that you can use for online transactions.
  • Onchain Crypto Accounts: Custodian crypto accounts for multiple assets. These are automatically prebuilt for USDT and WFI. Users can send/transfer funds, view transaction histories, and access detailed account activity.
  • Energy Referral: Your achieved Ranks in ITO sales are secured for Energy Farming.
  • Energy Airdrop: A special bonus distribution of "Energy" points for the WeFi believers. You can read more about it in our guide.
  • Energy Claim: Energy will be claimable in the App from the 12th of May 2025.
  • ITO integration: You will be able to buy ITO units with USDT directly from the WeFi App, on top of the Wechain ITO Platform
  • Deobank Referral: Promoting the WeFi App services will get you a referral fee 

Episode 2: Enhancing Utility and Interaction - (approx. 25th of May 2025)

Moving into the second episode, the focus shifts towards making the existing features more useful and adding new ways to interact with the platform and its assets. Planned additions are:

  • Energy Utility for Card: First two (of many) utilities for Energy
    • You will be able to use it to lower your card transaction fees.
    • ITO booster with Energy 
  • Buy ITO Units with $WFI: Enabling users to use their WFI tokens to purchase ITO Units both in the WeFi App and the Wechain ITO Platform.

Episode 3: Expanding Possibilities 

Episode 3 will come on the heels of Episode 2 and we will post news when we know exactly the timing of its rollout. For now, here is a non-exhausting list of features we are working on. We have no strict timing assigned to these features but they will be added from Episode 3 onwards. More episodes might be added to fit all the following features as well as potentially move to Season 2 of our WeFi journey. These features significantly broadens the scope of activities available to users, introducing earning strategies and more ways to manage your assets. Features planned include:

  • Earn Stablecoin Strategy: Rolling out methods and strategies designed to help users potentially grow their stablecoins wealth.
  • Energy Utility for Earn: Creating ways to utilize Energy within the platform's "Earn" features in order to boost APR.
  • Send Energy: Adding a straightforward function to allow users to transfer their Energy through email inside the system.
  • Order for Plastic Cards: Offering users the chance to order a physical, tangible version of the payment card.
  • IBAN: Integrating International Bank Account Number functionality, which will allow the accounts to support international transfer from and to the traditional banking system.
  • Stablecoin Loans backed by WFI: Introducing the ability for users to take out loans denominated in stablecoins by using their WFI holdings as collateral.
  • Local OnRamps and OffRamps: Developing easier pathways for users to convert their conventional local fiat currency (like USD, EUR, etc.) into digital assets on the platform (on-ramping) and to convert their digital assets back into local currency (off-ramping).

Season 2 - Self-custody and Infrastructure

At this point of our journey, we will be ready to unleash amazing features for our Community:

Episode 1 

We truly believe that trust should be an option. And this is what we want to offer our users.

  • Non-custodial Account: Being able to use WeFi services from a non-custodial account is a crucial part of our mission.
  • Super Secret & Unique Physical Device: As part of the non-custodial offer, we will unveil this amazing tool that will be available for whoever wants to upgrade their banking experience. 

Episode 2 & Beyond: Building the legacy

WeFi brings crypto to the real world with an integrated suite of on-chain ATMs, Point-of-Sale (PoS) terminals, and smart vending machines — enabling anyone to buy, sell, and spend crypto instantly, anywhere.

  • ATMs: Cash in or out of crypto in seconds — no bank needed.

  • PoS Terminals: Accept crypto like cash. Instant, borderless payments for merchants.

  • Vending Machines: Buy snacks, products, or even NFTs using your account.

Season 3 - Beyond Banking

Wechain becomes a beacon of light for everyone in the world to navigate the realm of finance — a universal infrastructure where trust, transparency, and technology converge.

In a world divided between legacy financial systems and emerging decentralized tools, Wechain bridges the gap. It empowers individuals and institutions alike with a seamless, secure, and sovereign financial experience — whether you’re spending with a card, earning yield on-chain, or building global-scale solutions.

Wechain illuminates the path forward — where financial freedom is no longer a privilege, but a right.

When Can Everyone Join In?

As we slowly roll out our WeFi App, we want to make sure it meets the expectations of our audience. Season 1 - Episode 1 is just a start for our long, but exciting journey towards Decentralized On-Chain bank! Buckle up and enjoy the ride!

No items found.
Crypto
6 min read
5.19.2025

The WeFi Journey: Charting the Course for Decentralized On-chain Bank

As they say, Rome wasn’t made in a day! It also applies to an ambitious project like the First Decentralized Onchain Bank.

Nevertheless, we wanted to give you an insight into the rollout we are planning to reach our final destination: a fully fledged and operational deobank. So, think of this roadmap as a step-by-step guide showing all the exciting features and upgrades planned for the deobank and WeFi ecosystem itself. It's divided into several distinct "Episodes" each building upon the last to create a richer experience. Let's explore what each episode has in store!

Season 1 - The WeFi App

Episode 1: Setting the Stage - 5th of May 2025

The first episode focuses on establishing the core elements and getting the initial users onboard. It's about building the foundation for everything that follows. Key features introduced here include:

  • Web-based & Telegram WeFi App: Using your web browser to manage your bank account is nothing new, but it is a vital part of building our deobank. We also threw in an option that we thought would please the crypto natives: a Telegram App. You will be able to manage everything directly from the social media app.
  • [Open Beta] Virtual cards: Early testing access to digital payment cards that you can use for online transactions.
  • Onchain Crypto Accounts: Custodian crypto accounts for multiple assets. These are automatically prebuilt for USDT and WFI. Users can send/transfer funds, view transaction histories, and access detailed account activity.
  • Energy Referral: Your achieved Ranks in ITO sales are secured for Energy Farming.
  • Energy Airdrop: A special bonus distribution of "Energy" points for the WeFi believers. You can read more about it in our guide.
  • Energy Claim: Energy will be claimable in the App from the 12th of May 2025.
  • ITO integration: You will be able to buy ITO units with USDT directly from the WeFi App, on top of the Wechain ITO Platform
  • Deobank Referral: Promoting the WeFi App services will get you a referral fee 

Episode 2: Enhancing Utility and Interaction - (approx. 25th of May 2025)

Moving into the second episode, the focus shifts towards making the existing features more useful and adding new ways to interact with the platform and its assets. Planned additions are:

  • Energy Utility for Card: First two (of many) utilities for Energy
    • You will be able to use it to lower your card transaction fees.
    • ITO booster with Energy 
  • Buy ITO Units with $WFI: Enabling users to use their WFI tokens to purchase ITO Units both in the WeFi App and the Wechain ITO Platform.

Episode 3: Expanding Possibilities 

Episode 3 will come on the heels of Episode 2 and we will post news when we know exactly the timing of its rollout. For now, here is a non-exhausting list of features we are working on. We have no strict timing assigned to these features but they will be added from Episode 3 onwards. More episodes might be added to fit all the following features as well as potentially move to Season 2 of our WeFi journey. These features significantly broadens the scope of activities available to users, introducing earning strategies and more ways to manage your assets. Features planned include:

  • Earn Stablecoin Strategy: Rolling out methods and strategies designed to help users potentially grow their stablecoins wealth.
  • Energy Utility for Earn: Creating ways to utilize Energy within the platform's "Earn" features in order to boost APR.
  • Send Energy: Adding a straightforward function to allow users to transfer their Energy through email inside the system.
  • Order for Plastic Cards: Offering users the chance to order a physical, tangible version of the payment card.
  • IBAN: Integrating International Bank Account Number functionality, which will allow the accounts to support international transfer from and to the traditional banking system.
  • Stablecoin Loans backed by WFI: Introducing the ability for users to take out loans denominated in stablecoins by using their WFI holdings as collateral.
  • Local OnRamps and OffRamps: Developing easier pathways for users to convert their conventional local fiat currency (like USD, EUR, etc.) into digital assets on the platform (on-ramping) and to convert their digital assets back into local currency (off-ramping).

Season 2 - Self-custody and Infrastructure

At this point of our journey, we will be ready to unleash amazing features for our Community:

Episode 1 

We truly believe that trust should be an option. And this is what we want to offer our users.

  • Non-custodial Account: Being able to use WeFi services from a non-custodial account is a crucial part of our mission.
  • Super Secret & Unique Physical Device: As part of the non-custodial offer, we will unveil this amazing tool that will be available for whoever wants to upgrade their banking experience. 

Episode 2 & Beyond: Building the legacy

WeFi brings crypto to the real world with an integrated suite of on-chain ATMs, Point-of-Sale (PoS) terminals, and smart vending machines — enabling anyone to buy, sell, and spend crypto instantly, anywhere.

  • ATMs: Cash in or out of crypto in seconds — no bank needed.

  • PoS Terminals: Accept crypto like cash. Instant, borderless payments for merchants.

  • Vending Machines: Buy snacks, products, or even NFTs using your account.

Season 3 - Beyond Banking

Wechain becomes a beacon of light for everyone in the world to navigate the realm of finance — a universal infrastructure where trust, transparency, and technology converge.

In a world divided between legacy financial systems and emerging decentralized tools, Wechain bridges the gap. It empowers individuals and institutions alike with a seamless, secure, and sovereign financial experience — whether you’re spending with a card, earning yield on-chain, or building global-scale solutions.

Wechain illuminates the path forward — where financial freedom is no longer a privilege, but a right.

When Can Everyone Join In?

As we slowly roll out our WeFi App, we want to make sure it meets the expectations of our audience. Season 1 - Episode 1 is just a start for our long, but exciting journey towards Decentralized On-Chain bank! Buckle up and enjoy the ride!