😮WOW token & contracts
WOWswap is a community-driven project governed by WOW token holders.
WOW smart contract addresses:
Avalanche: 0xA384Bc7Cdc0A93e686da9E7B8C0807cD040F4E0b
IoTex (Web-3): 0xd67de0e0a0fd7b15dc8348bb9be742f3c5850454
IoTex (Native): io16e77pc9ql4a3thyrfzaehe6z70zc2pz5x60q22
To migrate WOW, please bridge via Anyswap:
WOW is tradable on:
WOW is tradable on WOWswap.
Pancakeswap exchange in WOW/BNB and WOW/BUSD markets To trade WOW on Pancakeswap please click here
Or if it does not work, enter the BNB Chain WOW token contract [0x4da996c5fe84755c80e108cf96fe705174c5e36a] into 'to' box on Pancakeswap exchange.
Quickswap exchange in WOW/USDC market
To trade WOW on Quickswap please click here
Or if it does not work, enter the Polygon WOW token contract [0x855d4248672a1fce482165e8dbe1207b94b1968a] into 'to' box on Quickswap exchange.
MDEX exchange on HECO in WOW/USDT To trade WOW on MDEX please click here
Or if it does not work, enter the HECO WOW token contract [0xefaeee334f0fd1712f9a8cc375f427d9cdd40d73] into 'to' box on MDEX exchange.
Sushiswap exchange on Ethereum WOW/ETH
To trade WOW on Sushi please click here
Or if it does not work, enter the Ethereum WOW token contract
[0x3405a1bd46b85c5c029483fbecf2f3e611026e45] into 'to' box on Sushiswap exchange.
Pangolin exchange on Avalanche WOW/AVAX
To trade WOW on Pangolin please click here
Or if it does not work, enter the Avalanche WOW token contract
[0xA384Bc7Cdc0A93e686da9E7B8C0807cD040F4E0b] into 'to' box on Pangolin exchange.
Mimo exchange on IoTeX WOW/IOTX
To trade WOW on Pangolin please click here
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.
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.
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.
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.
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