WIS Token & Use cases
WIS token is designed as a key to access features on the platform.
The WIS token is a deflationary token that uses a Proof of Stake consensus algorithm and it is regulated by a token burn and buyback strategy. The success of major protocols depends on how valuable the features they offer are and how much users are attracted to the liquidity of their protocol.
Here is a summary of some of the utilities of the token:
- Pay a 0.25% fee on every transaction
- Participate in the liquidity pools
- Participate in staking, yield farming and NFT exchange
- Cast votes and participate in the governance of the platform
Further infomation will be updated soon.