Thread by @WombatExchange

The $WOM TGE is now very close at hand. ⏳

We're thrilled to see the fruition of the #StableswapV2, and here's what you should know about our $WOM token🧵

2/ Wombat Exchange is a next-gen multi-chain #stableswap native to the @BNBCHAIN.

Swap stablecoins at hyper-efficient rates w/ minimal slippage & earn massive yield via our single-staking pools with stableswap 2.0 model. We bring innovation to the #BNBChain & to #DeFi at large.

Looking to get a grasp of what Wombat does? Watch this video and to know us better in less than 1 minute!

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4/ We're backed by some of the biggest players!

@binance, our largest backer, takes up 5% of the investment.
Famous for having diamond hands, their support shows how much value they see in us.

Binance is committed to a 0% initial lock & vested for 5 years.

5/ @animocabrands @shimacapital @jump_crypto & @Hailstoneventunes - the other prominent names who saw the tremendous potential in us 💪

Private investors are required to lock in for at least 2 years and decrease the initial unlock from 5% to 2.5%. That's real commitment there!

6/ 20% of the supply are team's tokens vested for 5 years w/ 0% initial unlock. As one of the longest vesting periods in existence, it shows our resolve to stay long term 💪

7/ $WOM has a sustainable #tokenomics:

🔸 Max supply is 1 Billion
🔸 The initial circulating supply is 1.53% of the total supply with an initial market cap of $1.15M
🔸 This allows us a better control of the supply and demand to ensure a healthy token value

8/ $WOM has a variety of token utilities, and locking it benefits you in 3 ways:

🔹 Enjoy some delicious #stablecoin yield
🔹 Token bribes are on their way hence an even better APR
🔹 Future token airdrop from Wombat's incubatees

9/ 9 projects are currently building on top of Wombat & more to come! 🔥

Convex forks, yield aggregators, fixed income products... This is advantageous to building the ecosystem, strengthening the value of $WOM. Token bribes will come soon & the fight will be colossal!

10/ Interested in buying $WOM? Participate in our #IFO on 30 Aug!

⏰Sale start time: ~1200 UTC on Tue 30 Aug
🔚Sale end time: ~1400 UTC on Tue 30 Aug
🪙Tokens to be sold: 28,000,000 WOM (2.8% of the total WOM supply)
💴Price per token: 1 WOM = $0.075 USD

11/ Note that there is a vesting schedule on the #IFO tokens: 

🔓20% will be unlocked by the end of the sales period (1400 UTC), with the remaining 80% released block-by-block over 90 days.

Check out this guide to learn how to join👇
medium.com/wombat-exchang…

12/ Reminder: this is NFA and it's best to DYOR. 📚
We provide you with informational threads for better understanding before investing with us.

Thanks everyone for staying til the end! 🐻
Share this thread and let everyone learns more about $WOM!

#TeamWombat #StableswapV2