What Is Moonwell Artemis (WELL)

Moonwell Artemis uses battle tested code from the Apollo protocol to provide an open, non-custodial lending and borrowing DeFi protocol. While Apollo is a community driven protocol with innovative features, Artemis users will enjoy polished features with faster transaction times, while still preserving the same level of security.

Moonwell Coin goal is to be the most user-friendly, fast, and secure DeFi protocol in the ecosystem. With this in mind, an emphasis was placed on having a high standard of security. Multi-signature systems are implemented for all smart contracts used by the protocol, with the expert cyber-security team at Halborn Security auditing all contracts before deployment.

Additionally, there is a generous bounty program through a partnership with the trusted team at ImmuneFi, which allows security researchers to submit their findings for review and earn a bounty for discovering security vulnerabilities

Moonwell Coin Storage Key Points

WELL Price Live Data

The live Moonwell Artemis price today is $0.037774 USD with a 24-hour trading volume of $3,966,559 USD. They update WELL to USD price in real-time. This is down 25.95% in the last 24 hours. The current CoinMarketCap ranking is #2839, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

If you would like to know where to buy Moonwell Coin Artemis at the current rate, the top cryptocurrency exchanges for trading in Artemis stock are currently KuCoin, Huobi Global, Gate.io, and StellaSwap. You can find others listed on our crypto exchanges page.

Moonwell’s Mission

Most DeFi platforms suffer from at least one of the following issues:

• Lack of security and trust
• Poor user experience
• Lack of education and information
• Poor community engagement

Moonwell solves all these issues.

Security & Trust

The DeFi space has seen countless hacks and exploits. Security is top priority. Moonwell has partnered with several top security firms to audit and provide ongoing smart contract support to ensure the best security practices are followed. Additionally, agent-based economic simulations allow the protocol to adapt and mitigate the risks of adverse economic conditions.

User Experience

Virtually every DeFi platform suffers from a poor user experience. Users are immediately flooded with information that is both overwhelming and overly-technical. Even experienced crypto users have difficulty navigating through a typical clunky and unintuitive DeFi website. Even first-time DeFi users will be able to use Moonwell Coin.

Education & Information

Moonwell will be the well of knowledge for all things DeFi. Pools, liquidity mining, liquidations, collateral, supported assets — there are a lot of important, technical topics that need to be understood when using a lending and borrowing platform. Anyone in crypto will be able to easily follow and use the protocol. The community is encouraged to add videos, tutorials, user guides, and announcements to the website.

Community Engagement

The Moonwell community is where people can share their interests, passions, and ideas with each other. They want people to join the discord and telegram not only for information, but also to simply have fun, hang out, and be creative.

Why Polkadot & Kusama?

Polkadot is a Layer 0 blockchain that allows other blockchains (parachains) to seamlessly communicate and send assets to each other. Polkadot’s interoperability, security, and low transaction fees make it the ideal infrastructure for the multi-chain world of Web 3.0.

Kusama is Polkadot’s canary network. Kusama’s lower barrier of entry relative to Polkadot has resulted in rapid innovation and growth with no signs of slowing down.

Why Moonbeam?

Moonbeam is the first fully Ethereum Virtual Machine (EVM) compatible parachain on Polkadot.

Moonbeam combines the best of both worlds:

1. 1.Polkadot’s scalability & interoperability.
2. 2.Ethereum’s Ease-of-Use & developer community.

Users, developers, and infrastructure providers already familiar with Ethereum can easily use, deploy, and build on Moonbeam while benefiting from the scalability and interoperability of Polkadot.

Moonwell Artemis, Moonbeam deployment, will be activated by the Moonwell community once favorable economic conditions on Moonbeam are met.