3WX, another successful start in the Waves ecosystem

3WX, another successful start in the Waves ecosystem.

Press release

On November 25, three weeks after the first offering from the decentralized exchange (IDO), which sold 50 million tokens in 29 hours, it was time to test all custodians. The WX distribution should open up new earning opportunities on Waves.Exchange.

The Waves ecosystem is already known, but we wanted to share certain strategies that can be used to improve user performance or make some initial investments. The Waves ecosystem is one of the most unified ecosystems with a notable reputation and security in the crypto space. In addition, Waves has a market capitalization of over 1.7 billion, positioning itself in the top 70 global crypto assets and the top 42 cryptocurrencies.

Here are some ideas for those considering their first investment:

Invest in swimming pools

Whether or not prospective investors are familiar with decentralized finance (DeFi) or have never interacted with the segment, they should know that pools of liquidity are a great opportunity in an environment like Waves.Trade.

Thanks to these groups, the operation of the exchange and all its services is guaranteed and that is why the Waves.Exchange team offers APY (or annual return) with a significant profit.

We are able to provide liquidity in WAVES, Neutrino USD (USDN) or WX, the native currencies in the Waves ecosystem, with a very high percentage of return thanks to all of the capital currently involved.

This is a great opportunity because, as has been proven over time, the Waves team can do great projects and generate tremendous benefits for those who believe in their work.

WX lock

With WX, users can do a variety of things, such as: B. hold, swap, send to other wallets, block, add liquidity to the WX / USDN pool, etc. This introduction of WX offers all the token benefits. In addition to the pool basic income (vAPY), WX holders receive additional income (tAPY) as soon as they block their WX for a certain period of time.

For those looking to invest and improve their passive income return, lock down WX to receive gWX. What does this mean since gWX is not a token or an asset that can be sold or exchanged? GWX stands for User Governance and is a means to drive power on the platform. The more and longer a user blocks the WX token, the more power he has.

What is it for? Voting rights are used to vote on platform decisions, such as For example, the APY of groups, new pairs to be added to Waves.Trade, or commissions that are billed to users. With gWX, Waves also receives various governance rewards on a regular basis.

In addition, investors can use gWX to increase their annual returns from pools up to three times. If the standard profit is not enough, they can still increase the profit by buying WX tokens and blocking them to get gWX. After the blocking period has expired, you can use your WX tokens again.

WX Holders who lock their assets will also receive a cumulative management fee from fees charged for swaps in the pool. A fee is paid for each swap at the time the order is executed.

The founder of Waves, Sasha Ivanov, emphasized at a recent “ask me everything” session that the goal of IDO is not profit, but greater participation of investors in the ecosystem and the provision of maximum income opportunities. Further evidence of this is the IDO’s unusual conditions for the crypto industry, as users can collect WX tokens or the amount spent in the IDO in USDN.

As you can imagine, the Waves ecosystem offers endless possibilities that potential investors must explore simply by signing up on the platform. What are you waiting for?

To check WX prices, please visit here.

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