- Waves.Exchange announced an IDO for the WX token
- There is an early birds program
About Waves.Exchange And WX
Waves.Exchange is a decentralized exchange operating since 2017. It offers users an exchange, gateways and investment tools. Their $WX token will be used as a governance token and to handle issues of liquidity, listings and market-making.
Early Bird Offer On Liquidity Pools
Waves.Exchange announced its liquidity pools with an early bird offer.
The IDO is planned in two phases
- Pre IDO: Oct 21, 2021 – Nov 04, 2021
You can take advantage of the early bird offer and deposit into liquidity pools through the Early Birds Program. This program plans to distribute 1,000,000 WX tokens among early birds within one year after the end of the IDO.
- IDO: Nov 04, 2021 – Nov 25, 2021
WX token for USDN is available at a special price of 1$ (1 USDN).
Learn more about the IDO on the Waves.Exchange webpage.
WX In Future
The release schedule states that the amount of $WX in supply cannot exceed 1,000,000,000 over a period of five years. The final amount of tokens issued will be decided by community voting. The $WX tokens will be transformed into gWX as voting units to decide on the final distribution schedule.