Cryptocurrency Wombex (WMX)
The price for Wombex (WMX) cryptocurrency is currently 0.15 $ (15 min delay),
daily range of currency change is 0.13 - 0.16 .
Last 24 hours news: trading volume -
276.70K $, price variance
+9.5%
.
Project Website - https://wombex.finance/
Explorer of transactions - https://bscscan.com/token/0xa75d9ca2a0a1d547409d82e1b06618ec284a2ced
Twitter Account - https://twitter.com/WombexFinance
Chart Wombex (WMX)
| Current price Wombex (wmx) | 0.15 $ |
| Market Capitalization | 13.67K $ |
| Trading Volume last 24h | 37.94 $ |
| Market cap rank | № 5167 |
| Absolute maximum | 0.48 $ |
| Absolute minimum | 0.00022 $ |
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What is Wombex (WMX)
Wombex is a yield aggregation and veToken accumulation protocol built on top of Wombat Exchange. The protocol operation is based on the rules of Wombat veToken model:
Wombat offers base APY (offered to anyone supplying liquidity without any additional conditions) and boosted APY (depends on the user’s veWOM position)
To create a veWOM position, the user needs to lock WOM for a certain amount of time (from 7 days to 4 years, longer lock-up corresponds to bigger number of veWOM received after locking)
Based on the user’s veWOM position vs veWOM position of others, the boosted APY is calculated. In general terms — more WOM locked for a longer time leads to bigger veWOM position and, finally — a bigger APY for the user.
Wombex’s primary purpose is to provide a WOM boost to LPs as a service and allow Liquidity Providers to earn high APY without the necessity to buy and stake WOM.
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Trading discount
