$WOM is @WombatExchange’s governance token and once the full version of the app has launched, you will be able to earn it by staking #stablecoins!

So... what makes $WOM so special? 🧵
2/ Wombat has adopted the ve-token model where you can lock $WOM to obtain the yield booster $veWOM.

This applies a boost to all #stablecoin pools and maximizes your APR! At Wombat, we reward those who have faith in $WOM in the long term 🐻
3/ Like any governance tokens, $WOM token holders can participate and vote on Wombat's governance decisions. But wait, there's more! You will also be able to vote on decisions for a multitude of protocols building on top of Wombat!

📚 Learn more: medium.com/wombat-exchang…
4/ With our governance & voting system going live, token bribes will skyrocket and there will be tons of incentives to $veWOM holders -- which just improves your APR even further!
5/ As we are building our own incubation lab, a chunk of the tokens of projects building on top of us will be injected into our treasury and airdropped to $veWOM holders 🪂
6/ We're excited to bring more use cases to $WOM shortly after our Full Launch, so stay with us and ready to be surprised ;)

#StableswapV2 #DeFi #BNB #CryptoNews

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Keep Current with Wombat Exchange | Full launch on 5th Sep 🎊

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More from @WombatExchange

Sep 4
Finally! There's only one day left before our Full Launch. Excited to stake #stablecoins to earn $WOM but not sure how?

Here are some quick info if you can't be bothered to read the whole article 🧵
2/ Unlike other stableswaps, you need only ONE type of #stablecoin to stake and earn $WOM. Here are your choices: $USDT, $USDC, $DAI, and $BUSD

Here's a short step-by-step video guide to walk you through the process:
3/ After staking your stablecoins, you can maximize your yield even further with $veWOM. Lock your $WOM from 7 days to 4 years to boost your APR!

Here's a 1-min video guide to teach you the details:
Read 5 tweets
Sep 2
Wombat's Full Version will be live on the 5th of Sep at 2AM! We aim to bring unprecedented innovation to the @BNBCHAIN and #DeFi, here's how Wombat stands as #StableswapV2 🧵 Image
2/ Wombat's core innovation is the adoption of Coverage Ratio. This allows us to achieve:

💰100% capital utilization
⬇️minimal slippage
🤺 beat scalability barriers

To our users, it only means better exchange rate + lower slippage! 🚀
3/ Wombat is also the first to bring Equilibrium Coverage Ratio to maintain overall system health. ⛑

This ultimately helps fulfil our goal to protect users' funds. We spot risks and manage them before tragedies strike 👊
Read 8 tweets
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! 🧵
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 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

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