Wombat Exchange plans to launch its trending native token, WOM, on August 30, 2022. The team has built this multi-chain stableswap natively on the BNB Chain. As a result, the company offers customers many advantages of this blockchain. In addition, it operates according to the concepts of asset-liability management. Thus, it will enable users to swap various stablecoins at minimal slippage. The traders will also be able to single-stake stablecoins for profitable yield.
The platform’s native token, WOM, also offers many benefits to its holders. First of all, it’s a governance coin. That means its owners will have a say in the project’s future plans and development. They can vote on any governance decisions and become active participants of the Wombat network. Besides, the users will get rewards for providing liquidity on the platform with their stablecoins.
The team plans to increase liquidity by offering various incentives. It will also lock WOM tokens to generate more profit. According to Wombat, it will represent the boost by voting escrow WOM (nicknamed veWOM). The longer the tokens’ lock lasts, the higher the veWOM becomes. And that would mean bigger rewards for the investors. The company first launched its mainnet on May 6, 2022. The team noted that WOM circulation would reach the maximum amount in five years.
What does Wombat Exchange offer to investors?
Wombat uses a special algorithm that makes it possible to achieve a 100% capital utilization ratio. Furthermore, the impermanent loss will be non-existent. Instead, customers will be able to maximize capital utilization and gain higher yields. The company’s LP tokens will become a foundation for everyone to build upon. People hoping to become members of the DeFi ecosystem will have a great chance to achieve that dream.
The team believes that investors will also find this project desirable for their investments. Wombat Exchange offers advanced services, and it operates securely by the BNB Chain. The latter is a blockchain running in parallel to the Binance Chain. BNB Chain is very safe. It is also compatible with the Ethereum Virtual Machine. As a result, it can continue running even when the BSC goes offline.
Moreover, Binance Smart Chain utilizes a unique consensus algorithm. The latter is called a proof-of-staked authority (POSA) and secures the blockchain. This hybrid consensus mechanism is unique as it combines aspects of both proof-of-authority (POA) and proof-of-stake (POS). The developers have built it around a network of 21 validators – people responsible for executing tasks on the BNB Chain.
That’s not all, though. Considering many scam companies in the crypto world, all vying for investors’ attention, Wombat decided to offer more proof of its safety and trustworthiness. Thus, it invited Zokyo, Hacken, and Peckshield to audit the project in 2022.
Alex Lee, a Blockchain Engineer and Quant Trader, is Wombat Exchange’s founder. He boasts an extensive experience in crypto, as well as project management and portfolio management. The team is also packed with experienced members.
The company will start the ICO sale tomorrow. The token price will be $0.075000 during the initial coin offering. However, it will increase over time.
SolarDex also offers its native token. What makes this company stand out among others?
The first US-based Solana Dex worldwide, SolarDex provides a one-of-a-kind platform with the highest security system. This company makes it mandatory for every liquidity pool to lock for at least three months. As a result, it effectively eliminates the need for third-party Liquidity locks.
SolarDex will launch its native token on September 2, 2022. The sale will end on September 3, 2022. The company’s coin SHEPARD is already very popular. However, only 50,000,000 will be available for purchase at this stage. That is only 5% of the total supply. The price will be $0.200000 during the initial coin offering. Investors can purchase these tokens on the PandaSale platform.
The team stated that it wanted to make using this platform seem like a first-class centralized investment tool. However, the team members also want to remain true to the Defi fundamental ideas. While it’s not easy to achieve both of these simultaneously, they decided to keep fund administration completely non-custodial to reach the latter goal.
SolarDex’s main purpose is to ensure that its users feel protected. The company will allow third-party managers to develop and supply actively managed or passive funds, as well as automated investment pools. In addition, it will enable users to engage in a wide range of assets and protocols, both off-chain and native, through the SolarDex platform.
This company has a well-developed roadmap, and it will likely continue to achieve success in the future. SolarDex provides various attractive features and services. For example, it offers an Auto Liquidity Lock, Swapping, Yield Farming, Order books, and Liquidity Cap. Besides, its token SHEPARD is high-ranked on various ICO listing platforms. The token holders will get various benefits from the platform, and they will be able to gain profits, as well.
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