Home Altcoins News WX Token IDO Finished with 50,000,000 Sold / 0 Left at Waves Exchange

WX Token IDO Finished with 50,000,000 Sold / 0 Left at Waves Exchange

WX Token IDO Finished with 50,000,000 Sold 0 Left at Waves Exchange

Sasha Ivanov expressed:  Waves Exchange IDO is over. $50 mln was raised in one day. It was an IDO for the people indeed, 20614 participants. Token launch will be spectacular, stay tuned.

Waves Exchange have done several successful products so far.  All the excitement about WX Token IDO has gone now that the IDO is finished.  Although users can receive passive income and earn the reward in WX tokens by providing liquidity to the pools.  50,000,000 Sold / 0 Left.

WX is the main token of their new flagship product. Liquidity pools are already generating income for investors. Staking rewards will start right after the IDO.

The sum of exchange fees (already $11.6k) from spot trading collected during the IDO period will be distributed among those who lock WX. After IDO, such rewards will occur weekly.

Very soon users will be able to vote for pools profitability, for adding new pools, for tokens and connecting new blockchains, etc.

It will soon be possible to invest WX in the top products, thus the token will get deeply integrated in to the exchange products.

Paying fees in WX will soon be cheaper for spot trading. The refund policy is interesting in that you will not lose your funds if the price of WX rises. You will be able to profit from the price difference.  Otherwise, you can choose to get the WX or return the invested USDN.  The IDO is regulated by the smart contract and you can always audit it.

The Waves.Exchange team has been on the cryptocurrency market for over 5 years, and this is just the beginning for them.  They are proud of their experience and have huge plans for the future.

They have done lot of successful products like Liquidity pools, where you can get profit by providing liquidity to eventually increase the APY by staking LP tokens. Lambo investments provide for an algorithmic trading strategy with a balanced risk/profit ratio.  Algorithmic trading with acceptable risk.  LP staking where it is possible to invest in interchain staking based on smart contracts.  Neutrino staking to get profit from the staking of your Neutrino tokens with interest paid daily.

Neutrino Governance where investing in NSBT confers holders the power to influence decisions based on Neutrino Protocol, product or feature roadmap, and changes to governance parameters. Neutrino Pools where users get profit from investing in pools your stable coins where interest is paid daily.

The WX distribution is 0.1% in early bird’s emission program, 5% investors, 9.9% marketing costs, 15% team, 20% WX DAO, and 50% community.

Community response:  Why are waves falling?

Read more about:
Waves
Share on

dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.

Get the latest updates from our Telegram channel.

Telegram Icon Join Now ×