1. What is $WEX? $WEX, or Wault EXchange Token, is the foundational token of #WaultSwap and part of the @Wault_Finance Ecosystem
2. What is WaultSwap? #wswap
Wault's Automated Market Maker (AMM) or DEX, built with the intention of bringing even more liquidity into their protocol. Ten days from launch (April 27th, 2021), #WaultSwap secured more than $700,000,000 TVL (Total Value Locked), 27 farming pools!
3. WaultSwap's trading fee, one of the lowest on #BSC – if not the lowest – is only 0.20%. 0.18% of that goes to the Liquidity Providers (LP). The remaining 0.02% is used to buy $WEX and burn it every single day...
...so when a buyer considers where to swap tokens, he/she might remember that not only does WaultSwap have the lowest fees, but if he/she is holding WEX, those fees are going right back into his/her pocket.
4. Farming/Staking (LP Mining)
WaultSwap allows users to provide Liquidity (LP) on many pairs, with high and attractive APR (Annual Percentage Rate). Each farming LP generates WEX as rewards... app.wault.finance/#farm
...auto-compounding simultaneously gathers your rewards adding them back into your farm LP balance. This means as time goes by you are progressively expanding your farming operation!
$WEX Farming can be compounded through Eleven.Finance
5. ATH is $.38 with $1-10+ potential. It's farming season, its raining LP tokens over on Eleven.Finance! I will be staking $WEX for a long time. #BSC#BSCGEM