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Wombex
WMX
#17502
+44.95%
About 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.Wombex (WMX) Price Data
Wombex (WMX) price has increased today.Wombex price today is $0 with a 24-hours trading volume up by -78.75%. WMX price is up in the last 24 hours. It has a circulating supply is 51M WMX coins and a total supply of 74.2M.$15,892
$0
$--
$38
$0
$0.00
51,071,593
74,220,017
17,502
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