This is referred to as the Wise Token dynamic price floor. This means that on any given day, only 12% of the token supply is liquid and can be sold. At the time of publishing, the initial liquidity pool on Ethereum boasts an 88% staking participation, with the average stake running for 2.4 years. The WISB tokens can be locked for up to 42 years and serve as a secure way not only to store value but earn staking rewards for all pool participants. One of the ecosystem’s primary services is staking. Additionally, WISB aims to enhance three key blockchain principles: security, decentralization, and scalability. Now, the team is attempting an even larger feat on BSC.Ī fully decentralized structure and ethical tokenomics are what make WISB different from every other DeFi token on the market. As a result of the token’s massive liquidity and asset-backed nature, the Wise Token value is preserved by an ownerless pool of now 55,900 ETH on Uniswap, half of which is permanently locked from the presale. Just this past December the team raised $40 million in Ether (ETH) for its first liquidity pool on Ethereum. Its fair launch and fully decentralized structure are likely the key reasons for its rapid and overnight success.
Wise Token is an ethically constructed and audited crypto-backed asset that gives holders a safe place to store value while also offering a full suite of financial products. The team has already raised 3,000+ BNB, none of which goes to the team (something they make expressly clear). To help hit their sizable target, over $500,000 in initial investor rewards are being given to eligible participants. Once the LTE is complete, the pool of BNB will go towards backing the $WISB token, at which point the contract will send it all to the Pancakeswap exchange.
The LTE runs for just 15 days or up to the 200,000 BNB pool ceiling. Generating funds through the Wise Liquidity Transformer Event (LTE), which started on April 27, 2021, the token’s integration with the Binance Smart Chain comes in the form of a massive liquidity pool of BNB.
As a new crypto asset on Binance Smart Chain (BCS), Wise Token (WISB) is taking the spotlight with its fair launch, innovative DeFi ecosystem, and ambitious roadmap.