About WigoSwap
WigoSwap is an integrated DeFi platform on the Fantom network, including products such as decentralized exchange (DEX) with a very low transaction fee (0.19%), farming and staking pools, user profile system (WigoGalaxy), unique referral system, Predict mini-game, NFT marketplace, and other exciting products, available to users on the Fantom network with a simple, understandable and clean user interface and exceptional user experience. They provide users with unique DeFi services with very high speed and low fees.
Quick Fact About WigoSwap
| Coin Basic | Information |
|---|---|
| DEFI Coin Name | WigoSwap |
| Circulating Supply | 1,209,088,312 WIGO |
| Max Supply | 2,000,000,000 |
| Token symbol | WIGO |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To Visit |
| Twitter Group | Click Here To Visit Telegram Group |
| Documentation | Click Here To View |
| Official Project Website | Click Here To Visit Project Website |
Mission
Designing products that can be easily used by users, creating new passive income opportunities, and helping new projects run on Fantom. We try to make the use of the platform simple and profitable for everyone by constantly developing ideas and fixing the problems of existing protocols.
Products
The features offered by WigoSwap include:
- Decentralized Exchange (DEX)
- Farming and Staking (WigoFarm & WigoBank)
- User profile system (WigoGalaxy)
- Predict mini-game ($FTM Market Prediction)
- NFT marketplace
- IDO Launchpad
- GameFi Products
- DAO Governance
Swap
WigoSwap is an Automated Market Maker (AMM) with the Decentralized Exchange playing a pivotal role in its ecosystem. Operating as a comprehensive AMM on the Fantom Blockchain, WigoSwap’s goal is to lead users on their way to decentralization
Swapping/Trading:
With the advent of Decentralized Exchanges, users are no longer obliged to use centralized exchanges. Using WigoSwap, all users’ operations are done via their wallets. Therefore, there is no longer the need to trust third-party actors with your assets.
When you make a token swap (trade) on the exchange, you will pay a 0.19% trading fee, which is broken down as follows:
0.18% – Returned to Liquidity Pools in the form of a fee reward for liquidity providers. 0.01% – Sent towards Gamified Burning Mechanism (GBM).
Liquidity Pools
Providing the liquidity pools with specific liquidity results in users receiving Wigo-LP tokens and a share of the fees generated.
Wigo-LP Tokens:
Let’s make this clear through an example. Consider that you deposit WIGO and FTM Into the liquidity pool. You would then receive WIGO-FTM LP tokens. The amount of Wigo-LP tokens you receive manifests your share in the WIGO/FTM liquidity pool. You can claim your funds at any given moment by simply removing your liquidity from the pool.
Earning Trading Fees by Providing Liquidity:
As users of the platform use the liquidity pool in which you’ve deposited liquidity, you will receive rewards in the form of the fees generated from trading. Trading on WigoSwap costs the traders a 0.19% fee. 0.18% of this amount is added to the certain liquidity pool users are trading in.
WIGO Tokenomics
WIGO is the native governance token of WigoSwap’s ecosystem. The maximum supply (hard-cap) determined for the WIGO token is 2,000,000,000.
Initial Supply
8% of the Max Supply is intended for the initial mint planned to be minted by the WigoSwap team at deployment time. The determined proportions are as follows:
| Allocation Category | % of Max Supply | Number of Tokens |
|---|---|---|
| Seed Funders | 3.0% | 60,000,000 |
| Community Airdrops | 3.0% | 60,000,000 |
| Initial Dex Offering (IDO) | 2.0% | 40,000,000 |
| Total | 8.0% | 160,000,0 |
Join WigoGalaxy
Create a decentralized user profile on WigoSwap, enjoy WigoGalaxy’s upcoming mini-games and invite your friends with a dedicated earning link to earn up to 50% of the new user registration fees!
Mint your desired Wiggy NFT and become a resident on virtual planets.
DeFi made simple and fun!
We will never have more than 2B WIGO, ever! With the help of exclusive solution (Gamified Burning Mechanism or GBM) WigoSwap provides lifetime emissions for farmers and stakers.
Roadmap
Commitment, discipline, and motivation lead us to our grand vision. The word ‘Roadmap’ in the jargon might simply be reminiscent of strict timelines. However, due to the ever-changing nature of the industry, team is also committed to arranging the priorities following market changes and users’ needs.
