About WOM
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Frequently Asked Questions
What Is Wombat Exchange (WOM)?
Read MoreWombat Exchange is a multi-chain stableswap built natively on the BNB Chain. Wombat adopts the concepts of asset-liability management and coverage ratio, enabling various stablecoins to be swapped at minimal slippage and the ability to single-stake stablecoins for sustainable yield.
WOM is the governance token that is used for:
- Participating and voting on governance decisions
- Rewards for providing liquidity with stablecoins.
- Boosting the liquidity incentives by locking WOM tokens. The boost will be represented by voting escrow WOM (veWOM). The longer the lock, the higher the veWOM and the bigger the rewards.
How Many WOM Coins Are There in Circulation?
Read MoreWombat launched its mainnet on May 6, 2022. WOM circulation will reach max in year 5. Visit here for more information about Wombat’s tokenomics.
Who Are the Founders of Wombat Exchange?
Read MoreWombat Exchange is founded by Alex Lee, a Quant Trader and Blockchain Engineer with extensive experience in crypto, project management, and portfolio management.
How Is Wombat Exchange Secured?
Read MoreWombat Exchange operates securely by the BNB Chain, a blockchain that runs in parallel to the Binance Chain. BNB Chain is compatible with the Ethereum Virtual Machine (EVM) and is capable of running even if the Binance Chain goes offline or encounters issues.
Binance Smart Chain utilizes a unique consensus algorithm known as a proof-of-staked authority (POSA) to secure the blockchain. This is essentially a hybrid consensus mechanism that combines aspects of both proof-of-stake (POS) and proof-of-authority (POA). It is built around a network of 21 validators who are responsible for executing tasks on the BNB Chain and reaching consensus about recently processed transactions.
On top of that, Wombat Exchange’s smart contracts have been audited by Hacken, Zokyo, and Peckshield in 2022. No critical vulnerabilities were found.
What Makes Wombat Exchange Unique?
Read MoreWombat’s algorithm allows the possibility of achieving a 100% capital utilization ratio with non-existent impermanent loss, where users can maximize capital utilization and enjoy better yields. Its single-token LP tokens will also serve as a foundation for everyone to build upon and activate the DeFi ecosystem.
Where Can I Buy Wombat Exchange (WOM)?
Read MoreWOM is available for trading on the following exchanges: PancakeSwap
What is the all-time high price of Wombat Exchange (WOM)?
Read MoreThe all-time high of WOM was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Wombat Exchange (WOM) is 0. The current price of WOM is down 0% from its all-time high.
How much Wombat Exchange (WOM) is there in circulation?
Read MoreAs of
, there is currently 58.53M WOM in circulation. WOM has a maximum supply of 0. What is the market cap of Wombat Exchange (WOM)?
Read MoreThe current market cap of WOM is 269,094.97. It is calculated by multiplying the current supply of WOM by its real-time market price of 0.004597621075.
What is the all-time low price of Wombat Exchange (WOM)?
Read MoreThe all-time low of WOM was 0
, from which the coin is now up 0%. The all-time low price of Wombat Exchange (WOM) is 0. The current price of WOM is up 0% from its all-time low. Is Wombat Exchange (WOM) a good investment?
Read MoreWombat Exchange (WOM) has a market capitalization of $269,094.97 and is ranked #2420 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Wombat Exchange (WOM) price trends and patterns to find the best time to purchase WOM.