How it works?
Last updated
Last updated
$WAGMI token is a deflationary utility token designed to support all memecoins launched via aeroWAGMI.
The aeroWAGMI approach is focused on driving the adoption and growth of $WAGMI as a deflationary currency of the 🔵 Base memecoin ecosystem. With a unique liquidity-pairing structure and strong presence in the memecoin space, WAGMI aims to unite our creators, traders, and tokens holders to fuel common growth.
Creators easily launch their own memecoins on aeroWAGMI in just a few clicks.
Each memecoin is automatically paired with $WAGMI in the liquidity pool with 0.01% fee tier.
Traders buy these new memecoins through a ETH → WAGMI → Memecoin Aerodrome route.
As more buy trades flow into memecoins, more liquidity flows into the WAGMI/ETH pool, which drives the price of $WAGMI higher.
When $WAGMI’s price rises, all MEME/WAGMI pools also grow, drawing more attention to WAGMI.
New creators and traders enter into the WAGMI ecosystem, reigniting the flywheel to spin even higher.
Additional deflationary mechanisms:
3% of the initial ETH buyout size is instantly deposited back the WAGMI/ETH pool to stabilize pool volatility.
Portion of the 1% fees from the WAGMI/ETH Aerodrome LP is locked as veAERO to vote for the WAGMI/ETH pool, with rewards reinvested into the LP.
We believe aeroWAGMI flywheel will align the interests of all our traders, creators, and token holders through $WAGMI token, creating a stronger, more connected ecosystem. We're TRULY all gonna make it.
