$WOM Tokenomics and Distribution
Wombat Exchange is a next-generation multichain stableswap native to BNB Chain.
Utilizing a stableswap 2.0 model, Wombat users are able to: swap stablecoins at hyper-efficient exchange rates with minimal slippage; and earn a sustainable and optimal yield on their assets via single-staking pools.
What is WOM?
WOM is Wombat Exchange’s governance token, and token holders are eligible to participate and vote on governance decisions of Wombat and protocols building on top of Wombat.
WOM can also be locked to obtain the yield booster veWOM, which applies a boost to all stablecoin pools and maximizes users’ APR.
Wombat Tokenomics & Distribution
Here is a chart showing the percentage per category of the total token supply.
- 7.5% Private Sale: First fundraise
- 3.0% Strategic Sale: Second fundraise
- 2.8% PCS IFO: Public Raise on PCS IFO
- 0.6% Syrup Pools: For the Stake CAKE earn WOM Pool
- 5% Binance Seed: Initial Binance Labs Investment
- 15% Binance Partnership: Various Binance Partnership Allocation, including marketing and market-based campaigns
- 20% Team: Allocation for Team and Advisors
- 20% Liquidity Incentive: Emissions for staking WOM and providing stablecoin LPs
- 0.1% Marketing: Marketing events
- 26% Treasury: War chest and used to incubate projects that build on top of Wombat Exchange
Token Release Schedule
Below is an overview of our vesting schedule.
Notably, the vesting period with our partners and investors is much longer. It shows that Wombat has a sincere intention to protect the interest of our token holders and is dedicated to building and contributing to this space in the long term. Wombat Exchange will be a great asset not just to the BNB Chain but also to the whole DeFi world.
About Wombat Exchange
Wombat Exchange is a multichain stableswap native on the BNB Chain, focused on re-engineering the stableswap experience with its innovative algorithm design as the next-generation stableswap 2.0.
Wombat’s vision is to fuel DeFi growth and push boundaries with greater capital efficiency, increased accessibility, and scalability, with the adoption in a multichain world. To learn more, visit wombat.exchange, or follow us on the social channels below:
