# 😮WOW token & contracts

## WOW smart contract addresses:

1. **BNB Chain**:[0x4da996c5fe84755c80e108cf96fe705174c5e36a](https://bscscan.com/token/0x4da996c5fe84755c80e108cf96fe705174c5e36a)
2. **Polygon**:[0x855D4248672a1fCE482165e8DBE1207b94b1968a](https://polygonscan.com/address/0x855D4248672a1fCE482165e8DBE1207b94b1968a)
3. **HECO**: [0xefaeee334f0fd1712f9a8cc375f427d9cdd40d73](https://hecoinfo.com/address/0xefaeee334f0fd1712f9a8cc375f427d9cdd40d73)
4. **Ethereum**: [0x3405a1bd46b85c5c029483fbecf2f3e611026e45](https://etherscan.io/token/0x3405a1bd46b85c5c029483fbecf2f3e611026e45)
5. **Avalanche**: [0xA384Bc7Cdc0A93e686da9E7B8C0807cD040F4E0b](https://avascan.info/blockchain/c/address/0xA384Bc7Cdc0A93e686da9E7B8C0807cD040F4E0b)
6. **IoTex (Web-3)**: [0xd67de0e0a0fd7b15dc8348bb9be742f3c5850454 ](https://iotexscan.io/address/0xd67de0e0a0fd7b15dc8348bb9be742f3c5850454)

   **IoTex (Native)**: io16e77pc9ql4a3thyrfzaehe6z70zc2pz5x60q22

**To migrate WOW, please bridge via Anyswap:**

1. BNB Chain to Polygon:&#x20;

   <https://anyswap.exchange/bridge?inputCurrency=0x855d4248672a1fce482165e8dbe1207b94b1968a&network=polygon><br>
2. BNB Chain to Ethereum:\
   <https://anyswap.exchange/bridge?inputCurrency=0x3405a1bd46b85c5c029483fbecf2f3e611026e45&network=eth><br>
3. BNB Chain to HECO:\
   <https://anyswap.exchange/bridge?inputCurrency=0xefaeee334f0fd1712f9a8cc375f427d9cdd40d73&network=huobi>
4. BNB Chain to AVALANCHE \
   <https://anyswap.exchange/#/bridge?bridgetoken=0xa384bc7cdc0a93e686da9e7b8c0807cd040f4e0b&network=43114>
5. BNB Chain to IoTeX

   <https://anyswap.exchange/#/bridge?bridgetoken=0xd67de0e0a0fd7b15dc8348bb9be742f3c5850454&network=4689>

## WOW is tradable on:

1. **WOW is tradable on WOWswap.**<br>

2. **Pancakeswap exchange in WOW/BNB and WOW/BUSD markets**\
   To trade WOW on Pancakeswap please click [here](https://pancakeswap.finance/swap#/swap?inputCurrency=0x4da996c5fe84755c80e108cf96fe705174c5e36a)

   Or if it does not work, enter the BNB Chain WOW token contract \[0x4da996c5fe84755c80e108cf96fe705174c5e36a] into 'to' box on Pancakeswap exchange.<br>

3. **Quickswap exchange in WOW/USDC market**

   \
   To trade WOW on Quickswap please click [here](https://quickswap.exchange/#/swap?inputCurrency=0x2791bca1f2de4661ed88a30c99a7a9449aa84174\&outputCurrency=0x855d4248672a1fce482165e8dbe1207b94b1968a)

   Or if it does not wor&#x6B;**,** enter the Polygon WOW token contract \[0x855d4248672a1fce482165e8dbe1207b94b1968a] into 'to' box on Quickswap exchange.<br>

4. **MDEX exchange on HECO in WOW/USDT**\
   To trade WOW on MDEX please click [here](https://ht.mdex.com/#/swap?inputCurrency=0xefaeee334f0fd1712f9a8cc375f427d9cdd40d73)

   Or if it does not work, enter the HECO WOW token contract \[0xefaeee334f0fd1712f9a8cc375f427d9cdd40d73] into 'to' box on MDEX exchange.

5. **Sushiswap exchange on Ethereum WOW/ETH**

   To trade WOW on Sushi please click [here](https://app.sushi.com/swap?inputCurrency=0x3405a1bd46b85c5c029483fbecf2f3e611026e45)

   Or if it does not work, enter the Ethereum WOW token contract

   \[0x3405a1bd46b85c5c029483fbecf2f3e611026e45] into 'to' box on Sushiswap exchange.

6. **Pangolin exchange on Avalanche WOW/AVAX**

   To trade WOW on Pangolin please click [here](https://app.pangolin.exchange/#/swap?inputCurrency=0xa384bc7cdc0a93e686da9e7b8c0807cd040f4e0b)

   Or if it does not work, enter the Avalanche WOW token contract

   \[0xA384Bc7Cdc0A93e686da9E7B8C0807cD040F4E0b] into 'to' box on Pangolin exchange.

7. **Mimo exchange on IoTeX WOW/IOTX**

   To trade WOW on Pangolin please click [here  ](https://swap.mimo.exchange/#/swap?inputCurrency=0xd67de0e0a0fd7b15dc8348bb9be742f3c5850454)

   Or if it does not work, enter the IoTeX WOW token contract \[0xd67de0e0a0fd7b15dc8348bb9be742f3c5850454] into 'to' box on Mimo exchange.

## Tokenomics

WOWswap has a **fixed supply** of 1️,0️0️0️,0️0️0️ W😮W tokens, which are used for the protocol’s governance and community rewards.  55% of WOW tokens will be distributed to liquidity providers, margin callers, and traders for contributing to the protocol’s expansion.

## Token distribution

* 55% distributed to the community;
* 23% via public and private sale
  * Public sale was held on February 25th at $5 USD per WOW token.
* 20% team tokens
* 2% used to provide initial liquidity on Pancakeswap.

![](https://3431135529-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MYhYcw9WN6xTQqOD_-A%2F-MYiL6Ln72dmZyJAT3LM%2F-MYiNVdRRgFsY2m7uaPb%2Fimage.png?alt=media\&token=07904d85-9b8c-45e4-8c82-eba1f1d2161d)

**Community tokens** will be distributed to the protocol’s users over a period of 18 months:

* 200,000 tokens will be distributed to liquidity providers
* 100,000 tokens will be distributed to leveraged traders
* 50,000 tokens will be distributed to margin callers
* 200,000 tokens are reserved for marketing activities, community contests, bounty campaigns, white hacking rewards, and airdrops.

&#x20;**Team tokens** have a vesting period of 18 months, unlocked quarterly.

## Deflationary mechanism

WowSwap charges 5% on profits made through leveraged trades to buy back and burn WOW-tokens and build up an insurance fund.&#x20;

For example, if a trader buys a token for 10 BNB with 5 X leverage (50 BNB in total) and the token’s price increases by 20%, then the trader’s gross profit is 1.250 – 40 BNB (borrowed) = 20 BNB. Suppose, the cost of capital was 0.5 BNB, so the net profit will be 19.5 BNB. The protocol fees will be 0.0519.5 = 0.975 BNB.

50% of this amount will go to the insurance fund (0.4875 BNB), and another 50% will be spent to buy and burn WOW tokens.
