Today, well-known exchange Waves.Exchange will launch an IDO | Crypto Miami

Today, well-known exchange Waves.Exchange will launch an IDO

It will launch a governance token, WX, in an initial DEX offering (IDO), which starts today and will run through November 25.

During that period, users will be able to buy WX for USDN at a rate of 1WX = 1 USDN. The IDO is projected to attract 50 mln USDN.

If the token’s price doesn’t meet users’ expectations, they will be able to sell back their WX for the same amount of USDN they spent, which is unprecedented in the DeFi space.

For WX holders we will open up the following earning opportunities

boosting: the user’s income from providing liquidity to Waves.Exchange pools will increase

the user will be able to participate in voting on pool weights to increase the profitability of specific pools

the user will receive weekly governance rewards. They will be divided between WX holders who locked their tokens.

So don’t miss out!

Check out this guide, to be ready for the IDO

Join our community and stay tuned!