It’s time to focus on our core product.💪
Hello, WARDENers 👽. It’s been 14 days since we have launched our product. Hope you guys love our platform.
On the day we launched the WardenSwap We have two missions we want to achieve. As you all already know. We want to be the Best DEX aggregator on BSC (And will be the best aggregator in the entire market).
We have improved our product since day 1 such as connecting to more and more pools and even connect to the best stablecoin swap platform like The ellipsis. We could say that we are the top DEX aggregator on BSC now. And in a few months, Wardenswap will be the first 100% on-chain DEX aggregator 🔥 and will become a universal on-chain trading protocol that will not only provide the best prices for normal users but can also provide real tokens prices for all DeFi platforms.
But there is another thing we have not finished yet. Our second mission is to make our success benefit all Warden Token stakeholders who believe we could do this.
Because we care so much about the community and especially WAD holders. We will execute the following plan to benefit everyone who holds WAD in the long run:
💡 Right now, 10 WADs are minted per block. We will burn 1 WAD.
- -1 WAD will be sent to a burn pool and burned on a weekly basis
- +9 WAD goes to yield farms
Put it simply, Only 9 WAD per block enters circulation. This will drastically decrease selling pressure.
💡 WAD required for free trading will be increased to 100 WAD.
This will be a dynamic parameter in the future. We plan to charge less from low volume traders and charge more from high volume traders.
💡 Non-WAD pool weight will be changed to the following list (similar to pancake)
- BUSD/BNB: 20X 👉 8X
- BTCB/BNB: 10X 👉 2X
- ETH/BNB: 10X 👉 2X
- USDT/BUSD: 2X 👉 1X
- CAKE/BNB: 2X 👉 0X (Inactive)
This will significantly improve APY of all WAD and WAD-pair staking pools
Note: This task has been completed.
In the short run, it might slightly affect WAD price. However, if you’re a long-term WAD holder, It will effectively benefit all WAD holders since it reduces total WAD circulation.
And the WARDEN’s roadmap will release in April.🚀
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