Wendex Token (WDT)

WDT is the native token of Wendex with a fixed supply of 500 million tokens. Unlike other DEX tokens, WDT has a non-mintable design, ensuring a predictable and stable supply that NEVER inflates.

Over time, the accumulation of fees from the use of Wendex exchange will be used to further reduce the supply, by feeding directly into the 000dead burn address.

2.1 Tokenomics

• Total Supply: 500,000,000 WDT

• Token Type: Non-mintable standard ERC20 token.

• Distribution: WDT will be distributed through various channels, including liquidity mining, staking, farming & gamification.

2.2 Token Utility

WDT serves multiple purposes within the Wendex ecosystem:

• Governance: WDT holders can participate in the decision-making process, proposing and voting on changes to the platform, fee structure, and other essential aspects.

• Staking: Users can stake their WDT to earn rewards, including a share of the platform's trading fees. New projects that launch on CIC Chain will have the ability to create their own tokens staking pools on our chain, and this will provide additional staking options for WDT holders, to earn various other token rewards.

• Farming: WDT will be offered as a reward for users who provide liquidity to CIC Chain's decentralized trading pair. This will allow users who contribute to the ecosystem to earn a passive income for holding.

Users can also earn WDT for participation in the blockchain native governance DAO. The goal is to allow users earn WDT through many different participations in the CIC ecosystem, then use the WDT they earn, to earn a large variety of other tokens as passive income.