One more success in the WAVES ecosystem: The WX comes into play!
WX distribution is poised for new profit opportunities
This post is also available in: Español (Spanish)
After the launch of the IDO on November 4 where, in less than 24 hours, 50 million tokens were sold, on November 25 came the Vesting period for all those who managed to enter the IDO and were able to acquire their WX. This means that for every minute until November 25, 2022, they will receive a portion of their funds progressively.
So the WX distribution is poised for new earning opportunities on Waves.Exchange
On November 25 at the block of 2,871,851, the first tokens have been unlocked and the first days the results are being exceptional. The process will continue gradually over a year. To find out how many tokens you will receive for each block, divide the total number of tokens you purchased by the number of blocks, 525,600. Similarly, you can calculate an approximate number per hour, per day, per week, and per month.
These tokens can be claimed whenever the user wants, although it is advisable to claim them within a reasonable period of time, since we must pay the withdrawal commission, and although Waves is one of the cheapest in the cryptographic environment, they can be an expense if we claim every so often. However, if you want to receive your tokens, go to Waves.Exchange, go to the pools page in the IDO section and click the unlock button to unlock your first WX tokens and immediately start using its benefits.
The Waves ecosystem is already known to everyone, but we would like to share certain strategies that can be used to improve your performance or if you are considering making your first investments. We anticipate that, as of today, it can be confirmed that the Waves ecosystem is one of the most consolidated systems, with more prestige and greater security within the cryptocurrency sector.
Here are some of the ideas you should follow if you are thinking of making your first investments:
Invest in POOLS:
Whether you have knowledge of decentralized finance, or if you have never interacted with them, you should know that liquidity pools are great investment opportunities in an environment like Waves Exchange.
You may be wondering what a Liquidity Pool is; It is a smart contract where liquidity is provided, in most cases, in equal parts and guarantees the proper functioning of automated exchanges in decentralized environments such as this case.
Thanks to these POOLs, the operation of the exchange and all its services is guaranteed, and that is why the Waves Exchange team offers APYs (or annual returns) with great profitability on the platform.
We can offer liquidity in Waves, USDN or WX, which are the native currencies of the WAVES ecosystem, with very high profitability percentages thanks to all the capital that is currently entering the ecosystem.
As you can see, it is a great opportunity, since as it has been showing over time, the Waves team can carry out outstanding projects and generate great benefits for all those who trust in their work.
With our WX we can do different things, including: hold, exchange, send to another wallet, block, add liquidity to the WX / USDN pool, etc. This launch of WX will allow you to experience all the advantages of the token. In addition to a base pool income (vAPY), WX holders will start to receive an extra income, tAPY, as soon as they lock their WX for a certain period.
In addition, there is an option for people who want to invest and improve the performance of their passive income:
Block WX to receive gWX. And what does this mean?
The gWX is not a token or any asset that can be sold or traded.
The gWX represents your governing and reinforcing power that you have on the platform. The longer and longer you lock your WX tokens, the more power you will have.
And … What is it for? It is used to vote the decisions of the platform such as the APY of the pools, the new pairs that will be included in the Waves Exchange or the commissions that will be charged to users. With the gWX we will receive different government rewards periodically.
In addition, with the gWX you can boost the annual returns of the pools up to x3! If the default performance is not enough, you can further boost your earnings by buying WX and blocking to receive gWX.
After the lockdown period is over, your WX tokens will be available to you again.
Additionally, WX holders who lock their assets will receive accrued governance rewards for commissions charged for swaps in the pool. A commission is paid for each exchange transaction at the time of order execution.
In a recent AMA, Waves founder Sasha Ivanov stressed that the goal of the IDO was not profit, but more involvement of users in the ecosystem and offering them maximum profit opportunities. Another testament to this is the IDO conditions, which are unusual for the cryptocurrency industry in that users can collect WX tokens or the amount in USDN spent on the IDO.
The ecosystem offers endless possibilities that you should only discover by entering its platform. What are you waiting for?
To check WX pricing, visit waves.exchange
Web site: https://cutt.ly/6YoCvpO
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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of CriptomonedaseICO, and should not be attributed to CriptomonedaseICO.
This post is also available in: Español (Spanish)