WEMIX.Fi - Completion of measure regarding increased mUSDC deposit yield and loan fee rate on the Lending Market Official WEMIX site announcement:

www.wemix.com

The deposit yield and loan fee rates have become excessively high due to the increased use of mUSDC in the WEMIX.Fi Lend & Borrow service. To facilitate a seamless withdrawal process for depositors and ensure stable interest rates, the foundation has injected 10,000 mUSDC into the lending market. [Details] • Service: WEMIX.Fi (https://wemix.fi) • Issue: Increase in mUSDC deposit yield and loan fee rates in the lending market • Reason: Decrease in deposit assets due to asset withdrawals following the lending market closure notice • Measure: Stabilized by depositing 10,000 mUSDC into the mUSDC lending market Thank you.

WEMIX.Fi - Completion of measure regarding increased mUSDC deposit yield and loan fee rate on the Lending Market Official WEMIX site announcement:

www.wemix.com

The deposit yield and loan fee rates have become excessively high due to the increased use of mUSDC in the WEMIX.Fi Lend & Borrow service. To facilitate a seamless withdrawal process for depositors and ensure stable interest rates, the foundation has injected 10,000 mUSDC into the lending market. [Details] • Service: WEMIX.Fi (https://wemix.fi) • Issue: Increase in mUSDC deposit yield and loan fee rates in the lending market • Reason: Decrease in deposit assets due to asset withdrawals following the lending market closure notice • Measure: Stabilized by depositing 10,000 mUSDC into the mUSDC lending market Thank you.

Notable news in the last 24 hours (05/11) BTC: 35,151 USD | ETH: 1,887 USD| Total market cap: 1,292 billion USD 1️⃣ Yuga Labs announces partnership with Magic Eden. Recently, Yuga Labs, the father of the cult BAYC NFT collection, announced a partnership with Magic Eden to introduce the first Ethereum NFT that protects creators' royalties under contracts. The product is expected to launch in late 2023. 2️⃣ The founder of BRC-20 proposed new improvements. Domo, the founder of BRC-20, introduced a proposed security improvement and proposed a new core function called "fraction." This new proposal could improve a smoother BRC-20 token transmission experience. In addition, it can increase the difficulty of intervention as well as the cost if bad actors want to attack, thereby improving the security of the network. 3️⃣ The UK regulator releases a Crypto Asset Advertising Handbook. The released material focuses primarily on fairness and clarity in advertising. The FCA Handbook addresses the growing cryptocurrency market, allowing exceptions for authorized persons and circumstances. Additionally, crypto companies are reminded to meet legal and regulatory requirements in the absence of UK crypto regulation. 4️⃣ Elon Musk reaffirmed that he will not issue cryptocurrencies. On Friday, November 3, Elon Musk announced that his new startup, xAI, will launch its artificial intelligence engine. "Tomorrow, xAI will release the first artificial intelligence to a select group of people," Musk tweeted X. To avoid unnecessary fraud problems due to the event, Elon has emphasized once again that his companies will not create a single token or cryptocurrency.