About
WGRT, (WaykiChain Governance Coin) maintains the security and stability of WaykiChain's DeFi Ecosystem, and providing a fair and transparent platform for participants who build the system.
Overview
WGRT, the governance coin supported by WaykiChain's decentralized lending platform. The platform provides decentralized collateral lending services for users worldwide. WGRT holders can participate in the adjustment of system parameters and the governance of system operation rules, which is an important part of the DeFi Ecosystem.
WUSD, a stablecoin whose value is pegged to USD, is developed based on the core layer of the WaykiChain public chain. In the DeFi Ecosystem, anyone can conduct collateral lending and governance through the chain, which is transparent and open.
- Project Name: WGRT ( WaykiChain governance coin)
- Ticker: WGRT
- Total Supply: 21,000,000,000 WGRT Token
- Protocol: WaykiChain Mainnet Coin
- Official Website: https://cdp.waykichain.com/
- Telegram: https://t.me/wiccofficial
- Issued Date: 2019
- Private Placement: 1 WGRT = 0.01 USDT
Distribution and Lockup Duration
30% for institution subscription through private placement, partial lockup position in accordance with the agreement. And the initial annual circulating supply is less than 10%.
15% for strategic reserve deployment, which is used for large-scale strategic resource exchange, the lockup time is more than 3 years, and the rest is held by the foundation for a maximum of 5 years.
15% will be reserved for the development team, and this part will lockup for a maximum of 5 years.
20% will be the budget for DeFi project to do marketing campaigns, and will be all airdropped. All the airdrop token will lockup for a maximum of 6 years.
10% will be distributed through WaykiChain’s super node voting rewards, which will lockup to 6 years.
10% will be airdropped to WaykiChain's currency holders and lockup users, which will lockup to 6 years.
For lockup tokens, based on the ecosystem development, the foundation can initiate community voting to unlock in advance and make community announcements.
Risk Warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
