Stake WAL to increase the Investment hard cap in the WhaleEx Mining

Whale EX
2 min readMay 24, 2019

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BP whaleex.com has broken in the EOS TOP 21, and WhaleEx distributes 100% both the BP income and the REX income to investors. To make more average users get benefits and to empower WAL usage scenarios, the first phase of WhaleEx Mining “EOS vote to mine” will set the 5 Million EOS as the upper limit, and average investors can only input 100 EOS, while users who stake 100,000 WAL can increase the investment hard cap to 1000 EOS. To be noted: this announcement will not affect investors who have invested in, but they have to obey the new rules once transfer out.

During the WhaleEx Mining Beta period, we compensated a lot of EOS, the following is the comprehensive income statement.

Enriching the WAL usage scenarios

WAL is a functional token which WhaleEx issues on EOS main net, fixed supply is 10 Billion. WAL, as the WhaleEx’s only platform token, is built on the platform and its value is closely related to the development of the platform. WhaleEx is continuously enriching the WAL usage scenarios to stimulate WAL holders.

March 23, we launched the mechanism of the staking WAL to enjoy free trading. WAL, as a functional token, whose core value is designed to free trading fees. From that on, users can enjoy the same value of free trading volume every day as the staked WAL worth. Theoretically, with the development of the platform, and WAL value goes up, holders can enjoy completely free trading in the whole lifespan.

March 24, we featured staking 10,000 WAL to double the airdrop from the chest.

April 10, we added staking 500,000 WAL to enjoy up to 45% referral trading fee bonus.

May 23, we introduced the function of staking 100,000 WAL to increase investment hard cap in the WhaleEx Mining.

We strongly believe in the power of aligned interest, WhaleEx will continuously empower WAL and enrich WAL’s usage scenarios.

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