WISEr Token Launch
WEDNESDAY MARCH 1st STARTS THE 50 DAY TOKEN SALE!
The $WISEr token is a decentralized share of reserves + revenue from our team's apps in the Wise Ecosystem. The initial principal raised in the token sale becomes the reserves to seed borrowing pools on @Liquid_NFTs etc.
The WISEr Token
- – 900 million for the auction (18m/1.8% per day for 50 days)
- – 90 million for referrals (10% commission on auction purchases)
- – 10 million for misc. (marketing, cex listing, etc.)
Claiming WISEr Tokens:
- For investors in the auction: tokens are claimable across an 18 month linear vesting period.
- Referrers: can claim 100% of their commissions immediately after the auction is over.
- To cash out: Holders must BURN their WISEr tokens from supply.
- – 100% of the redeemed WISEr is burned from supply.
- – The % of WISEr supply burned equals the % of total funds claimed.
- (E.g. burn 1% of WISEr total supply to redeem 1% of total funds in the contract.)
- – As long as WISEr is held without being burnt, it is earning borrowing fees and platform fees which are constantly being added to the WISEr contract.
- WISEr can only minted up to 1 billion total supply
- Minters must add the proportional value to the contract +1%
- Admin can swap funds in the WISEr contract between USDC, WETH and WISE as necessary through pre-defined hard-coded Uniswap paths.
- Admin cannot send or remove/rug funds. (That’s controlled by governance)
What to expect in 2023?
We will constantly keep you updated on the latest developments and rumors regarding the Wise Token community and the use of the coin.
Frequently Asked Questions
If you have any questions, you can also ask our team in our Telegram Group or by using the contact form.
WISE Token Summary
● Minted ZERO team tokens
● Backed by Ethereum
● Created by a nonprofit
● Burnt LP tokens (or admin keys) making WISE 100% decentralized
● Has over $500 million in liquidity (Top 1 Token Pairing on Uniswap)
● Has two price floors; one variable floor and one unbreakable floor
● Staking platform interest yields 8–10% returns annually
● Too Risky - price volatility and no price floor
● Scams and prevalent greed
● Process is too difficult to learn
● Unsustainable design - token economics (tokenomics)
WISE is positioned to onboard the world to crypto by creating a token that is as fair as Bitcoin, protected from price volatility to the downside, has sustainable tokenomics, and is easy to use.
● Since the inception of Bitcoin, the cryptocurrency space has never seen a project as fair as WISE.
● Seed investors/founders are making millions with cryptos designed to pay them upfront (and there is no incentive to play fair).
Meanwhile the biggest opportunity has been left untouched...
● WISE has an unbreakable PRICE FLOOR!
● Maximum price correction 42% (if 100% of WISE was sold)
● Price floor increases from transaction fees daily
● Liquidity cannot be removed (Uni LP keys burned)
● The WISE smart contracts have NO admin keys!
● The WISE smart contracts are audited by Coinfabrik
● WISE ran a bug bounty program with 100 ETH rewards.
● WISE’s market cap can grow quickly, due to massive initial liquidity on Uniswap
● Other projects hit ceilings when liquidity stretches thin
● WISE investors can cash in/out in large amounts without slippage
● WISE only creates 4% inflation (Less than Bitcoin's inflation)
● Bitcoin rewards miners, WISE rewards stakers
● Inflation is how staking rewards are generated
● WISE's launch is economically decentralized, like Bitcoin
● No team held tokens or perks
● All WISE must be purchased on the market fairly
● WISE is the first asset-backed cryptocurrency
● Backed by Ethereum
● WISE price is supported by Ethereum
White Paper: https://wisetoken.net/teal
Telegram: https://t.me/WiseToken
Twitter: https://twitter.com/wise_token
YouTube: https://www.youtube.com/c/WiseStaking