FAQs for Tokenomics WCO
What is W Coin (WCO)?
W Coin (WCO) is the native utility coin of W Chain, designed to facilitate secure, scalable, and efficient payment solutions within the blockchain ecosystem. It supports various use cases, including staking, governance, enterprise transactions, and liquidity provision.
What is the total supply of WCO?
How is WCO distributed?
WCO is strategically distributed across various categories to ensure ecosystem growth, incentivize participation, and maintain long-term sustainability. Key allocations include:
- Main Supply Wallet: 10 billion WCO
- Validation on Nodes: 100 million WCO (locked for running internal nodes)
- Liquidity Provision: 500 million WCO
- Marketing & Community: 500 million WCO (vesting over 60 months)
- Premium Account Features: 500 million WCO (vesting over 36 months)
- W Chain Ecosystem: 400 million WCO (vesting over 36 months)
- Developer Incentives: 500 million WCO (as and when applicable)
- Exchange Listings: 500 million WCO (as and when applicable)
- Incentives: 1 billion WCO (vesting over 60 months)
- Institutional Sales: 1 billion WCO (as and when applicable)
- Enterprises & Partnerships: 1 billion WCO (vesting over 60 months)
- Development Fund: 1 billion WCO (vesting over 60 months)
- WTK Conversion: 3 billion WCO (in circulation)
What are the vesting periods for WCO allocations?
Vesting periods vary depending on the allocation category:
- Marketing & Community: 60 months (linear vesting)
- Premium Account Features: 36 months (linear vesting)
- W Chain Ecosystem: 36 months (linear vesting)
- Incentives: 60 months (linear vesting)
- Enterprises & Partnerships: 60 months (linear vesting)
- Development Fund: 60 months (linear vesting)
- As and When Applicable: Programme-based vesting as per agreements.
What is the utility of WCO?
WCO serves multiple purposes within the W Chain ecosystem:
- Staking and Farming: Stake WCO to secure the network and earn rewards. Participate in farming or liquidity mining programs to earn additional WCO.
- Enterprise Use-Cases: Enterprises can use WCO for enhanced transaction capabilities, priority support, and discounted transaction fees.
- Exclusive Access and Governance: WCO holders gain early access to platform features, beta programs, and exclusive events. They can also participate in governance decisions.
- Liquidity Provision: WCO is used to maintain liquidity pools and stabilize trading.
How does liquidity provision work?
An initial liquidity pool of 100 million WCO paired with a stablecoin will be established. Additionally, 400 million WCO are reserved for ongoing liquidity provision to ensure a stable trading environment as the platform grows.
What incentives are available for WCO holders?
- Node Rewards: Validators running nodes receive annual rewards in WCO.
- Staking Rewards: Stakers earn annual yields based on the stake amount and duration, with bonus tiers for long-term commitments.
- Development Fund Rewards: Distributed upon achieving key milestones, such as Mainnet Launch and Layer 2 Launch.
What is the Development Fund?
The Development Fund consists of 1 billion WCO, released upon achieving specific milestones:
- Mainnet Launch: 100 million WCO
- Layer 2 Launch: 100 million WCO
- Future Developments: 800 million WCO
What is the emission schedule for WCO?
- Initial Circulating Supply: Includes tokens from liquidity provision and a portion of the treasury.
- Emission Rate: Controlled release through vesting schedules to maintain market balance.
- Deflationary Mechanisms: Potential coin burns or other mechanisms may be introduced to regulate supply and enhance WCO’s value.
How is security ensured for WCO?
- Smart Contract Audits: Regular third-party audits are conducted to ensure the security and integrity of W Chain’s smart contracts.
- Regulatory Compliance: W Chain adheres to KYC and AML regulations, ensuring compliance across various jurisdictions.
Is WCO a utility or security token?
WCO is classified as a utility token, designed to serve specific functions within the W Chain ecosystem, such as staking, governance, and transaction fee payments.
What are the legal considerations for WCO?
- Jurisdictional Compliance: W Chain operates in compliance with relevant legal frameworks.
- Participant Disclaimers: Transparent risk disclosures and terms are provided to inform participants of digital asset considerations.
How can I participate in WCO staking or farming?
Where can I find wallet addresses for WCO allocations?
Wallet addresses for each allocation category are provided in the Tokenomics document. For example:
- Main Supply Wallet: 0xba9Be06936C806AEfAd981Ae96fa4D599B78aD24
- Validation on Nodes: 0x0000000000000000000000000000000000001001
- Liquidity Provision: 0x511A6355407Bb78f26172DB35100A87B9bE20Fc3
What happens to unconverted WTK tokens?
A total of 3 billion WCO is allocated for the conversion of WTK tokens (1 billion each on ETH, BSC, and XDC networks). Unconverted WTK tokens will remain in circulation until migrated through the official migration portal.
How can enterprises and partners use WCO?
Enterprises and partners can use WCO for:
- Enhanced transaction capabilities
- Priority support
- Discounted transaction fees
- Access to premium features and exclusive events
What are the future plans for WCO?
W Chain plans to:
- Expand ecosystem partnerships
- Launch new features and upgrades
- Introduce deflationary mechanisms (e.g., coin burns)
- Publish detailed milestones for 2026-2027 as the platform grows