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Tokenomics

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Emission rate

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Per block

*Effective Emission is 0.152 WAP as 230.40 WAP per day is diverted to the lottery wallet, and burned (It will be burned every week until we start our lottery feature).

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Distribution

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Other Deflationary Mechanics

At present, WAP is also burned in the following ways:

  • 0.05% of every trade made on WapSwap.

  • 0.5% of every cross chain swap transaction made on WapSwap.

  • 100% of farming and staking pool rewards if unstake, harvest or compound is done before 168 hours (7 days) after staking.

The burning process is currently manual.

4,377.60 (approx)

50% emissions will be reduced every 4 years until it reaches max supply.

  • 230.40 WAP per day is diverted to the lottery wallet, and burned (It will be burned every week until we start our lottery feature).

  • Metric

    Emission/block (WAP)

    Emission/day (WAP)

    Emission

    0.16

    4,608.00

    Burned (Inactive Lottery Fund)

    0.008

    -230.40

    Effective Emission

    <0.152*

    4,377.60*

    Distributed to

    Reward/block (% of emission)

    Reward/block (total WAP)

    Reward/day

    Farms

    60%

    0.0912

    2,626.56 (approx)

    Staking Pools

    40%

    0.0608

    1,751.04 (approx)

    Total Daily WAP Emission