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! 🧵
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:
4/ Click on the boost page & enter your preferred lock amount & period. 🔐

🔸 You can lock any amount from 7 days to 4 years. We offer unparalleled flexibility to be inclusive, as #DeFi is for everyone!
5/ Staking $WOM to get veWOM doesn't only boost your #stablecoins yield. Once our governance voting system is live, token bribes will rain down like confetti - meaning, even better APR!

Who'll say no to token airdrops? veWOM holders will enjoy this perk from Wombat's incubatees!
6/ Speaking of incubatees, we now have 9 projects on their way to build on top of us.

They include @ConvexFinance forks, fixed-income products, and yield aggregators. So, expect more use cases for $WOM in the near future!
7/ We hope this thread has helped you understand the power of the $WOM token you're holding. 💎

Give this a like and retweet to help enlighten fellow $WOM holders! 🐻

#TeamWombat #StableswapV2 #BNB #DeFi

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Wombat Exchange

Wombat Exchange Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

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 30
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…
Read 10 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

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(