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Your Supercharged DeFi on Sonic.

https://defive.com

Join chat: https://discord.com/invite/S6hNJ7WW6r
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🚀 Get Ready for the #SNS Burn-to-Mint!

Upcoming B2M event features the revolutionary Sonic Name Service (SNS), giving you early access to SNS tokens.



💰 Burn $WIGO, Mint SNS Tokens

During the B2M event, users can burn $WIGO tokens to mint SNS at a rate of 1 WIGO = 0.5 SNS. This reduces WIGO’s circulating supply and gives you a head start in SNS’s tokenomics before the Sonic blockchain launches.



⚡️ Two Phases of the B2M Event

1- Private Burn – Early access for previous B2M participants.
2- Public Burn – Open to all Fantom wallets, letting anyone join the SNS token minting process. Fair and accessible for all users!



🎁 Earn Bonuses!

If you're active in WigoGalaxy (Join here: https://wigoswap.io/join), you can earn up to 5% bonus SNS tokens based on your points:

1% for 50+ points
2% for 100+ points
3% for 200+ points
4% for 500+ points
5% for 1,000+ points
Loyalty pays off! 💫

Read full details: https://x.com/WigoSwap/status/1848269191884795962
The $SNS B2M countdown is on! 🔥

1️⃣ Private round: Oct 28, 2024 (17:00 UTC)
2️⃣ Public round: Oct 30, 2024 (17:00 UTC)
3️⃣ Min burn per wallet: 1K $WIGO
4️⃣ Max burn per wallet: 100K $WIGO
🎯 Base goal: Burn 50M $WIGO

Full details: https://wigoswap.io/burn-to-mint
The clock is ticking!
In 12 hours, $SNS Burn-to-Mint kicks off. Burn WIGO, mint SNS tokens, and join the revolution!

First round open for 48 hours, with 1,000 - 100,000 WIGO per wallet. Ready to dive in? 🔥

Mint here: https://wigoswap.io/burn-to-mint
🔥 It’s official!

The next Burn-to-Mint event is set! Get ready to make your NFTs work for you on #Sonic.
One of the most anticipated utilities is launching via the WigoSwap B2M launchpad 👀

Stay tuned for more details!
🚀 Our community is unstoppable!

The Sonic Name Service Burn-to-Mint event was a record-breaker! 100M $WIGO burned in under 20 minutes, with 1,619 contributors locking ~$2.6M USD in value.

👀 Our base goal of 50M $WIGO? Crushed in just 3 minutes!

https://x.com/WigoSwap/status/1851600380783968703
🔥 Soon, WigoSwap on Sonic Testnet will show you speed like never before! We built WigoSwap for speed on Fantom, but with Sonic, we’re about to double it.

Prepare for redefined performance!

https://x.com/WigoSwap/status/1853468927927730685

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🔥 Let’s ignite!

Just burned 1,148,290 $WIGO through our GBM mechanism and transaction fees. With a total of 271M WIGO burned, that’s 15.4% of our circulating supply, and counting.

Scarcity + Utility = Value 💎

tx: https://ftmscan.com/tx/0x2f8a5f765f2a2e61e84af6dabf07b344d15e3142bd275cec05883fa12d003182

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Burn-to-Mint V3: Bribes are Here to Supercharge the B2M Experience 🚀

B2M upgrade on WigoSwap includes launching the innovative “bribes” feature to further empower users, projects, and the platform itself on Fantom (and soon Sonic!) 🔥


Let's dive in 🧵👇

1/ The Proven Power of Burn-to-Mint 🌟

B2M on WigoSwap has already hit major milestones with successful $LUMOS and $SNS events. Through burning $WIGO, users minted new project tokens, boosting both fair token distribution and $WIGO scarcity, a true win-win for users and the ecosystem!

2/ What’s New in B2M V3? 🆕

Bribes! Projects can now inject their tokens directly as bribes in B2M events, giving participants extra rewards for minting. It’s a creative way to motivate users to stay engaged while gaining exposure to new tokens in the ecosystem. 💥

3/ Benefits for Users 🎁

With bribes, users receive:
- Enhanced Rewards: Burn $WIGO to mint & get bonus tokens from participating projects.
- Diversified Portfolios: Gain exposure to different projects’ tokens with growth potential.
- Extra Incentive to Participate: Bribes mean more rewards per event, making each B2M event a must-join! 🤑

4/ A Game-Changer for Projects 🌐

Projects benefit, too:
- Direct Access to Engaged Users: Reach DeFi users eager for new opportunities.
- Cost-Effective User Acquisition: No pricey campaigns needed; just reward users directly.
- Increased Liquidity & Volume: Bribes encourage holding, trading, and staking, fueling liquidity.


5/ Strengthening WigoSwap’s Ecosystem 💪

The bribe system is a value-add for WigoSwap:
- Higher $WIGO Burn & Activity: Extra rewards boost event participation & $WIGO burn rate.
- New Revenue Potential: Bribe slots could be premium offerings, adding a revenue stream.
- Network Synergy: Projects come together, creating network effects & cross-platform innovation.


6/ Looking Ahead 🛠

Burn-to-Mint V3 isn’t just an upgrade, it’s a step towards building a more interactive and vibrant DeFi community on WigoSwap. With new projects and exciting B2M events on the way, the future is bright for $WIGO holders and beyond!

🆕 Read full blog:
https://wigoswap.medium.com/burn-to-mint-v3-bribes-are-here-to-supercharge-the-b2m-experience-6cb8980e6354


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Forwarded from Sonic Announcements
Fee Monetization Bonus

Builders make more building with us.

We're distributing over 90,000 $FTM in the latest Fee Monetization quarterly bonus!

Congrats to the top teams for driving outstanding user activity.

🔗 View on X.

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$1,000,000,000 trading volume on WigoSwap!

It’s surreal to think how far we’ve come, and it’s all thanks to YOU, our amazing community. This is only the beginning of what we’re building together. Let’s keep going, stronger than ever. 💙

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Introducing DeFive: WigoSwap’s rebrand on Sonic with powerful upgrades.

WigoSwap platform and WIGO token remain live and under active development on Fantom.

$WIGO holders can burn (de-mint) 1:1 to mint $FIVE on Sonic; available for a limited time.

Stay tuned.
Got questions about WigoSwap’s rebranding to DeFive and the WIGO-to-FIVE migration?

We’ve got you covered with a detailed FAQ to guide you through the process.

👉 Read the full FAQ here: https://wigoswap.medium.com/faqs-wigoswaps-rebranding-to-defive-and-migration-to-sonic-1913d2818f4f

Stay informed and ready for the next big step in DeFi!
⚡️ WigoSwap is evolving into #DeFive on Sonic and our latest blog covers everything you need to know:

- Upgraded features and tokenomics
- Introducing veFIVE
- Migration process for WIGO holders & LPs
- WIGO/FTM LP migration incentives

👉 Read here: https://wigoswap.medium.com/wigoswap-to-defive-everything-you-need-to-know-about-defive-and-the-migration-7cedb4b94dc8
♨️ WigoSwap has been spotlighted in Messari latest report for its incredible achievements on Fantom!

1️⃣ WigoSwap recorded the largest TVL share gains in Q3 2024, with inflows picking up significantly, driven by WFTM, which accounted for 90% of its TVL by the end of the quarter.

2️⃣ Among Fantom's 31 DEXs, WigoSwap surpassed SpookySwap in trading volume in Q1 2024 and has maintained its position as the leading DEX by trading volume for three consecutive quarters.

As we prepare to launch #DeFive on Sonic, this success fuels our drive to push boundaries and deliver even greater innovation.

Full report: https://messari.io/report/state-of-sonic-q3-2024
📃 DeFive Docs is live: https://docs.defive.com

By learning about DeFive and preparing yourself for the migration to Sonic, you’re setting up for a truly unique experience. $WIGO 🔜 $FIVE

Everything is moving forward just as planned. Steadily and with full awareness.

⚠️ No actions are required now. Stay tuned for next announcements.
Forwarded from Sonic Announcements
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Sonic Mainnet

Sonic is LIVE.

🔗 Learn More
🔄 FTM to S Upgrade
🌱 Stake Your S
📱 Explore Apps
🗺 Sonic Explorer
📝 Sonic Docs

Upgrade your FTM to S and start exploring the Sonic ecosystem using the links above.

The Sonic Gateway is launching within the next 24–48 hours, enabling you to bridge assets natively from Ethereum to Sonic.

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You asked: After migrating to Sonic as #DeFive, will WigoSwap stop on Fantom?

Short answer: No.

🔰 Read the full answer, including WigoSwap’s roadmap on Fantom and why this split is a strategic opportunity for $WIGO & $FIVE holders across chains.

📃 https://wigoswap.medium.com/what-happens-to-wigoswap-on-fantom-after-defive-launches-on-sonic-4fd295b4d418
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We’ve heard you’ve been missing us on Sonic.
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Hello, Sonic. DeFive is here.

3 years of building on Fantom and handling $1.3B in transactions, the next-level DeFi-focused version of WigoSwap is ready to embrace the Sonic era.

🔗 https://defive.com

ℹ️ Read more: https://x.com/WigoSwap/status/1878856394969055252
Buying WIGO has been challenging with FTM de-listings from exchanges? No worries!

🚦 Our step-by-step guide shows you how to swap $S (and other assets like BNB, USDT, ETH on other chains) to WIGO:

https://defive.medium.com/how-to-buy-wigo-with-s-bnb-usdt-more-before-migrating-to-five-70e14c608bca

📌 Reminder: $WIGO is your key to own $FIVE on Sonic.
🚀 Beyond Migration: Say Hello to veFIVE

Staking, community voting power, enhanced burning, and everything a sustainable DeFi protocol needs all in one place.

📌 In our latest blog, we’ve broken down all the advantages of our new staking system coming to Sonic with detailed insights:

▫️ veFIVE & long-term stability
▫️ How veFIVE works
▫️ veFIVE & burning mechanism
▫️ veFIVE unique advantages

🔗 Read here: https://defive.medium.com/science-of-vefive-decay-model-burning-mechanism-and-the-path-to-protocol-stability-efd1f64cca82