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! 🐻
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!
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! 🏃🏻♀️
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.