Wombat is proud to have a strong team of investors backing and supporting us in our vision of being the leading #StableswapV2.

Check out our funding history in this thread 🧵 Image
2/ @binance is our seed investor & the largest backer of Wombat. They hold 5% of our tokens & are committed to a 5-year vest with 0% initial unlock. Image
3/ As a well-known diamond hand in the industry, they are here with us in the long term! 💎

Read more about the investment: medium.com/wombat-exchang…
4/ Wombat further raised $5.25M in our Series A Funding
led by @animocabrands & @HailstoneVC with 9 other savvy investors including @BNBCHAIN believing in what we're building.

With this round of funding, Wombat's valuation has increased to $70M 💥
5/ "Wombat Exchange has put together a solid & experienced team to develop a #stableswap that has the potential to significantly advance the growth of #DeFi," is the remarkable words of @ysiu

We're proud to hear such empowering words!

Read more: medium.com/wombat-exchang…
6/ @shimacapital got onboard as a leading investor with the decisive participation of @jump_ & @wormholecrypto.

"We are inspired by what Wombat can achieve and are excited to be on this journey with them," said @yidagao, Shima's GP.
7/ This strategic funding round helped us gain even more momentum in our mission to be the best #stableswap in existence! 🚀

Read more: medium.com/wombat-exchang…
8/ All our investors are committed to locking in for 2 years with initial unlock decrease from 5% to 2.5%! They've shown extreme dedication & trust in Wombat's long-term success.

We couldn't ask for more than a strong and accomplished team of investors who share the same vision!
9/ The capital our project has acquired through all these support accelerated Wombat’s product development and expansion.

But of course, we would never have achieved such big success without our thriving community who digs what Wombat has to offer that others can't. #TeamWombat
10/ A sincere thanks to all our investors & community members for supporting our launch during this bear market! We'd live up to the promise of being the best #stableswap there is!

We are happy to be in this journey with you all and we won't disappoint.

See you at our TGE! 🚀🐻

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More from @WombatExchange

Aug 31
After much anticipation from the community, the long-awaited Full Launch is finally here on 5 Sep 2022 at 2AM UTC! 🚀

Here are 3 things to expect in @WombatExchange's Full launch
#StableswapV2 🧵 Image
2/
1️⃣ Liquidity mining will go live and the liquidity cap will increase from 40M to 400M 💥
And that's 100M cap per asset.

You'll be able to stake $USDT $USDC $DAI $BUSD #stablecoins to earn $WOM on app.wombat.exchange by then!🤑
3/
2️⃣Boosting function will also go LIVE! 🔥

Lock your $WOM from 7 days to 4 years to acquire the yield booster - $veWOM! This applies a boost to all your #stablecoins pools 💸

If you haven't seen our LP mechanism, check it out 👉 medium.com/wombat-exchang…
Read 7 tweets
Aug 31
To all $WOM holders out there, this is a very useful thread for you. What on earth you can do with a $WOM token? 🐻

Let's find out! 🧵 Image
2/ The WOM-BUSD farm is already up & running on @PancakeSwap 🐰 Here, you can stake WOM with BUSD to earn $CAKE!

⭐ 2x CAKE rewards for the first 57,600 blocks (approx. 48 hrs), and 1x CAKE rewards thereafter

Hurry up and don't miss this chance!
pancakeswap.finance/farms
3/ We'll go hard with the full launch on 5 Sep 2AM UTC 🚀

The cap is updated to 100M per asset & total TVL cap to 400M. Once it's live you'll be able to start staking #stablecoins to earn $WOM!

📍 The best strategy is to use your $WOM to boost yield. Here's how:
Read 7 tweets
Aug 29
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🧵 Image
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!

🔗
Read 12 tweets
Aug 29
1/ 🐻 T-1 until our TGE!

We've heard you & we will provide the FAQs in this thread.
We hope this will help answer some of your questions🤔 🧵
2/ Q1: When is the retroactive airdrop distribution?

A1: More details will be provided 2 weeks post-TGE. We would like to ensure the price stability, safety, & security due to the complicated logistics - so we need some time but it should be approx 1 month after TGE.
3/ BTW, to show our appreciation, we'll weigh the airdrop towards the early stakers BUT you can still earn the airdrop by depositing on app.wombat.exchange until our full launch is live! 🏃🏻‍♀️
Read 6 tweets
May 10
1/ $UST Depegged, What Now?

What you need to know about #stablecoins:
🔹Stablecoins, although the most stable form of crypto, are not 100% risk free, especially algorithmic stablecoins
🔹Market volatility, though rare, still affects stablecoins

🧵👇
2/
📉 None of us like unexpected risks, while we cannot control stablecoin movements, we can control how we manage risks. Wombat plans for everything that could go wrong, and is geared up to fight! 💪
3/
1️⃣ Wombat's concept is to have a Main Pool and a Subsidiary Pool. The Main pool only contains established and time-tested stablecoins like $BUSD, $USDT, $USDC, and $DAI.
Read 7 tweets

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