WonderFi Labs Launches Wonder Wallet and Layer-2 Blockchain on ZKsync, Pioneering Mainstream Onchain Finance Adoption
WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) has launched two major products through WonderFi Labs: a Layer-2 blockchain and the Wonder Wallet, both powered by ZKsync technology. The Wonder Wallet is now available on Android and iOS in select markets, while the Layer-2 blockchain is in testnet phase.
The integration with ZKsync's Elastic Network positions WonderFi as a first-mover in providing retail users access to decentralized finance (DeFi) services, including lending, borrowing, staking, and decentralized exchange trading, subject to geo-restrictions. The platform offers enhanced security, scalability, and competitive costs.
The Wonder Wallet features a freemium, gasless model with native account abstraction, designed to eliminate barriers for new users accessing DeFi and NFTs. The Layer-2 blockchain will serve as an innovation hub for crypto developers to build decentralized applications, leveraging ZKsync's technology for improved transaction processing and reduced fees.
WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) ha lanciato due prodotti principali attraverso WonderFi Labs: una blockchain di Layer-2 e il Wonder Wallet, entrambi alimentati dalla tecnologia ZKsync. Il Wonder Wallet è ora disponibile su Android e iOS in mercati selezionati, mentre la blockchain di Layer-2 è attualmente in fase di testnet.
L'integrazione con la Rete Elettrica di ZKsync posiziona WonderFi come pioniere nell'offrire agli utenti al dettaglio accesso a servizi di finanza decentralizzata (DeFi), inclusi prestiti, mutui, staking e trading su exchange decentralizzati, soggetti a restrizioni geografiche. La piattaforma offre maggiore sicurezza, scalabilità e costi competitivi.
Il Wonder Wallet presenta un modello freemium, senza gas, con astrazione nativa degli account, progettato per eliminare le barriere per i nuovi utenti che accedono a DeFi e NFT. La blockchain di Layer-2 fungerà da hub di innovazione per gli sviluppatori di criptovalute per costruire applicazioni decentralizzate, sfruttando la tecnologia ZKsync per un miglioramento del processamento delle transazioni e una riduzione delle commissioni.
WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) ha lanzado dos productos principales a través de WonderFi Labs: una blockchain de Layer-2 y la Wonder Wallet, ambos impulsados por la tecnología ZKsync. La Wonder Wallet ya está disponible en Android e iOS en mercados seleccionados, mientras que la blockchain de Layer-2 se encuentra en fase de testnet.
La integración con la Red Elástica de ZKsync posiciona a WonderFi como pionero en ofrecer a los usuarios minoristas acceso a servicios de finanzas descentralizadas (DeFi), incluyendo préstamos, créditos, staking y trading en intercambios descentralizados, sujetos a restricciones geográficas. La plataforma ofrece mayor seguridad, escalabilidad y costos competitivos.
La Wonder Wallet presenta un modelo freemium, sin gas, con abstracción nativa de cuentas, diseñado para eliminar barreras para nuevos usuarios que acceden a DeFi y NFT. La blockchain de Layer-2 servirá como un centro de innovación para desarrolladores de criptomonedas para construir aplicaciones descentralizadas, aprovechando la tecnología ZKsync para mejorar el procesamiento de transacciones y reducir tarifas.
WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF)는 WonderFi Labs를 통해 두 가지 주요 제품을 출시했습니다: Layer-2 블록체인과 Wonder Wallet, 둘 다 ZKsync 기술로 구동됩니다. Wonder Wallet은 현재 선택된 시장에서 Android 및 iOS에서 사용할 수 있으며, Layer-2 블록체인은 테스트넷 단계에 있습니다.
ZKsync의 Elastic Network와의 통합은 WonderFi를 소매 사용자에게 분산 금융(DeFi) 서비스에 접근할 수 있는 최초의 기업으로 자리매김하게 합니다. 여기에는 대출, 차입, 스테이킹 및 분산 거래소 거래가 포함되며, 지리적 제한이 적용됩니다. 이 플랫폼은 향상된 보안, 확장성 및 경쟁력 있는 비용을 제공합니다.
Wonder Wallet은 새로운 사용자가 DeFi 및 NFT에 접근할 수 있는 장벽을 없애기 위해 설계된 기본 계정 추상화를 갖춘 가스 없는 프리미엄 모델을 특징으로 합니다. Layer-2 블록체인은 ZKsync 기술을 활용하여 개선된 거래 처리 및 수수료 절감을 위해 암호화 개발자들이 분산 애플리케이션을 구축할 수 있는 혁신 허브 역할을 할 것입니다.
WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) a lancé deux produits majeurs via WonderFi Labs : une blockchain de Layer-2 et le Wonder Wallet, tous deux propulsés par la technologie ZKsync. Le Wonder Wallet est maintenant disponible sur Android et iOS dans certains marchés, tandis que la blockchain de Layer-2 est en phase de testnet.
L'intégration avec le Réseau Élastique de ZKsync positionne WonderFi comme un pionnier en offrant aux utilisateurs de détail l'accès à des services de finance décentralisée (DeFi), y compris le prêt, l'emprunt, le staking et le trading sur des échanges décentralisés, sous réserve de restrictions géographiques. La plateforme offre une sécurité accrue, une évolutivité et des coûts compétitifs.
Le Wonder Wallet propose un modèle freemium, sans frais de gaz, avec une abstraction native des comptes, conçu pour éliminer les barrières pour les nouveaux utilisateurs accédant à DeFi et aux NFT. La blockchain de Layer-2 servira de centre d'innovation pour les développeurs de crypto-monnaies afin de créer des applications décentralisées, en tirant parti de la technologie ZKsync pour améliorer le traitement des transactions et réduire les frais.
WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) hat zwei Hauptprodukte über WonderFi Labs eingeführt: eine Layer-2-Blockchain und das Wonder Wallet, beide betrieben von ZKsync-Technologie. Das Wonder Wallet ist jetzt in ausgewählten Märkten auf Android und iOS verfügbar, während sich die Layer-2-Blockchain in der Testnet-Phase befindet.
Die Integration mit dem Elastic Network von ZKsync positioniert WonderFi als Vorreiter, der Einzelhandelsnutzern den Zugang zu dezentralen Finanzdienstleistungen (DeFi) ermöglicht, einschließlich Kreditvergabe, -aufnahme, Staking und Handel an dezentralen Börsen, unterliegt geografischen Beschränkungen. Die Plattform bietet verbesserte Sicherheit, Skalierbarkeit und wettbewerbsfähige Kosten.
Das Wonder Wallet bietet ein freemium, gebührenfreies Modell mit nativer Kontenabstraktion, das darauf ausgelegt ist, Barrieren für neue Nutzer beim Zugang zu DeFi und NFTs abzubauen. Die Layer-2-Blockchain wird als Innovationszentrum für Krypto-Entwickler dienen, um dezentrale Anwendungen zu erstellen, und dabei die ZKsync-Technologie für verbesserte Transaktionsverarbeitung und reduzierte Gebühren nutzen.
- First-mover advantage in implementing ZKsync technology for retail DeFi access
- Launch of two new products: Layer-2 blockchain and Wonder Wallet
- Gasless wallet feature reduces entry barriers for new users
- Integration with ZKsync provides enhanced security and lower transaction costs
- Products currently to select markets
- Layer-2 blockchain still in testnet phase
- Geographic restrictions may limit user access to certain services
WonderFi provides access to DeFi through ZKsync's Ethereum-level security, with scalability and cost-efficiency
The Wonder Wallet is now available on Android and iOS in select markets, while the Wonder Layer-2 blockchain's testnet is now live
Toronto, Ontario--(Newsfile Corp. - February 20, 2025) - WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (WKN: A3C166) (the "Company" or "WonderFi"), a global leader in centralized and decentralized financial services and products, has launched a Layer-2 ("L2") blockchain, powered by ZKsync, and a digital wallet on ZKsync's Elastic Network through its innovation arm, WonderFi Labs.
The Wonder Wallet is now available on Android and iOS in select markets, while the layer-2 blockchain is available in testnet.
The new ZK Chain-powered L2 and wallet provide users with premier, innovative services and applications, connecting them to decentralized finance ("DeFi") through industrial-grade security and scalability at a competitive cost.
The decision to launch on the Elastic Network strategically positions WonderFi as a first-mover using ZKsync technology to give retail users seamless access to decentralized finance.
Importantly, this integration unlocks a new universe of financial applications and services for WonderFi users, including lending, borrowing, staking, and decentralized exchange trading, subject to geo-restrictions.
Acting as a gateway to DeFi and leveraging access to an ever-expanding network of applications and services within ZKsync's Elastic Network, WonderFi's ZK Chain and wallet will also be an innovation hub for crypto developers, allowing them to build and ship next-generation decentralized applications. This network and wallet will be available globally, but access may be restricted and geo-blocked based on the jurisdiction of a user.
"WonderFi is committed to continuously innovating our offerings to provide our users with a best-in-class experience. Launching on ZKsync marks the next phase of increasing the accessibility and scalability of WonderFi's products - positioning us at the forefront of tech innovation in the crypto space. By integrating ZKsync technology, we gain scalability while ensuring unparalleled ease of use for new entrants to the DeFi space," said Dean Skurka, President and CEO of WonderFi.
"WonderFi's deployment into the Elastic Network showcases the capabilities of ZKsync's technology to meet the needs of retail users while creating scalable blockchain solutions," said Alex Gluchowski, Co-Inventor of ZKsync. "ZKsync's advanced ZK technology will empower WonderFi to offer its users unparalleled scalability, security, and low transaction fees. This integration drives a more accessible and inclusive onchain finance ecosystem, creating a seamless and accessible Web3 experience that accelerates mass adoption, aligning with ZKsync's mission to build Web3 without compromise."
WonderFi's L2 joins ZKsync's Elastic Network of ZK Chains that are designed to be natively interoperable and leverage ZK Stack to handle a significantly higher volume of transactions, thus reducing congestion and lowering fees.
The launch of WonderFi's L2 in testnet demonstrates how ZKsync's scalable infrastructure can unlock mainstream adoption for retail-focused financial platforms. Furthermore, WonderFi's freemium, gasless wallet - powered by ZKsync's native account abstraction - will offer seamless access to the world of DeFi and NFTs, eliminating barriers to entry for new users.
More information on both products can be found at labs.wonder.fi.
About WonderFi
WonderFi is a global leader in centralized and decentralized financial services and products.
With over
For more information, visit www.wonder.fi.
About ZKsync
ZKsync is the pioneering zero-knowledge technology powering the next generation of builders with improved scale. Secured by math and designed for native interoperability, ZKsync enables the Elastic Network, an ever-expanding ecosystem of customizable chains. Deeply rooted in its mission to advance personal freedom for all, the ZKsync technology makes digital self-ownership widely available.
To learn more about ZKsync, visit http://www.zksync.io.
For additional information, please contact:
Media / Investor Relations
Charlie Aikenhead
Invest@wonder.fi
M Group Strategic Communications (on behalf of ZKsync)
zksync@mgroupsc.com
Forward-Looking Information and Statements
This press release contains certain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the beliefs of WonderFi Technologies Inc. ("WonderFi" or the "Company") regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such "could", "intend", "expect", "believe", "will", "projected", "planned", "estimated", "soon", "potential", "anticipate" or variations of such words.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking financial information and statements are the following: taxation, controls or regulations and/or changes in the administration of laws, policies and practices and political or economic developments in Canada and other jurisdictions in which the Company carries on business or in which the Company may carry on business in the future; and material adverse changes in general economic, business and political conditions, including changes in the financial markets and compliance with extensive government regulation; decisions to modify, pause or discontinue certain treasury management strategies; the Company's ability to provide a competitive service within the regulated crypto asset trading platform industry; the Company's ability to manage its capital and non-capital expenses . These risks are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein. The impact of any one assumption, risk, uncertainty, or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and the Company's future decisions and actions will depend on management's assessment of all information at the relevant time. A more fulsome description of risk factors that may impact business, financial condition and results of operation with respect to WonderFi is set out in its management's discussion and analysis and financial statements for the period ended September 30, 2024, available on its SEDAR+ profile at www.sedarplus.ca.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice. All financial amounts referenced herein are in Canadian dollars unless otherwise expressly identified.
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FAQ
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