WIS is WingSwap's governance token issued on Fantom. Its total supply is 1,000,000,000 (1 Billion). Through our cross-chain bridge, it can be swapped for other public chain-based assets, and can be circulated within the financial ecosystem of different public chains.
The token distribution plan of $WIS is indicated below:
Used for early stage liquidity mining incentives. The program will be extended for 48 months.
Used to reward users who stake Wings NFT.
Seed Sale: 2%
Strategic round funding. 5% released at TGE, 5% for second month, remaining 10% released monthly over 9 months.
Private Sale: 9%
Private round funding. 10% released at TGE, remaining 10% released monthly over 9 months.
Used for incentives to founding team, including community operators and smart contract developers. Tokens locked in 12 months, vesting linearly over 36 months.
Used for sustainable community incentives and ecosystem development, vesting linearly over 24 months.
Incentives to those early and core advisors that assist WingSwap's development. Tokens locked in 6 months, vesting linearly over 12 months.
Initial Dex Offering. 50% released at TGE, remaining 10% monthly over 5 months.
Vesting linearly over 12 months, the remaining portion will be burned.