🔥 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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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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⚠️ BEWARE OF ADS BELOW CHANNEL!
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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Medium
Burn-to-Mint V3: Bribes are Here to Supercharge the B2M Experience
We’re thrilled to announce the Burn-to-Mint (B2M) V3 upgrade — a groundbreaking new feature for our beloved platform that brings even more…
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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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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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!
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
- 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
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.
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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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.
——
BEWARE SCAM AD BELOW!
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
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
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.
🚦 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
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
📢 $WIGO to $FIVE UPGRADE - Timeline and Details
📄 Please read full details here, including the timeline and migration process: https://defive.medium.com/important-wigo-to-five-upgrade-details-and-timeline-2937ed51fd9b
💭 Any questions about migration? Join the discussion on Discord: https://discord.com/invite/jTqzfnsVeU
💥 Onward to Sonic!
📄 Please read full details here, including the timeline and migration process: https://defive.medium.com/important-wigo-to-five-upgrade-details-and-timeline-2937ed51fd9b
💭 Any questions about migration? Join the discussion on Discord: https://discord.com/invite/jTqzfnsVeU
💥 Onward to Sonic!
🚀 On the first day of migration, over 500M $WIGO have already been prepared for the upgrade to $FIVE on Sonic!
You can deposit your assets on Fantom, including the following:
▫️ $WIGO & WIGO/FTM LP
▫️ $SNS & SNS/FTM LP
▫️ $LUMOS & LUMOS/FTM LP
📢 Important:
▫️ Deposits are available until Feb 17. Right after that, you will be able to claim your new tokens on sonic.
▫️ $FIVE, $LUMOS, and $SNS are not live on Sonic yet.
▫️ Don’t wait until the last days, migrate early to avoid any issues.
✅ Migrate here: https://wigoswap.io/migration
You can deposit your assets on Fantom, including the following:
▫️ $WIGO & WIGO/FTM LP
▫️ $SNS & SNS/FTM LP
▫️ $LUMOS & LUMOS/FTM LP
📢 Important:
▫️ Deposits are available until Feb 17. Right after that, you will be able to claim your new tokens on sonic.
▫️ $FIVE, $LUMOS, and $SNS are not live on Sonic yet.
▫️ Don’t wait until the last days, migrate early to avoid any issues.
✅ Migrate here: https://wigoswap.io/migration
Ready to migrate from Fantom to Sonic? 🚀
We've put together a quick & easy guide to help you migrate $WIGO, $LUMOS, $SNS, and LP tokens smoothly. Follow the steps and get ready to claim your tokens on Sonic!
🔗 Read the guide here: https://defive.medium.com/quick-guide-how-to-migrate-from-fantom-to-sonic-02e006ce9037
We've put together a quick & easy guide to help you migrate $WIGO, $LUMOS, $SNS, and LP tokens smoothly. Follow the steps and get ready to claim your tokens on Sonic!
🔗 Read the guide here: https://defive.medium.com/quick-guide-how-to-migrate-from-fantom-to-sonic-02e006ce9037
⌛️4 days left and we've reached the midpoint of the migration window!
🚀 So far, 50% of circulating $WIGO and 40% of WIGO/FTM liquidity have been submitted for migration to @SonicLabs.
➡️ Start here: https://wigoswap.io/migration
💬 Facing any issues? Join the community Discord: https://discord.com/invite/S6hNJ7WW6r
📌 Migration guide: https://defive.medium.com/quick-guide-how-to-migrate-from-fantom-to-sonic-02e006ce9037
🚀 So far, 50% of circulating $WIGO and 40% of WIGO/FTM liquidity have been submitted for migration to @SonicLabs.
➡️ Start here: https://wigoswap.io/migration
💬 Facing any issues? Join the community Discord: https://discord.com/invite/S6hNJ7WW6r
📌 Migration guide: https://defive.medium.com/quick-guide-how-to-migrate-from-fantom-to-sonic-02e006ce9037
📌 Reminder for WIGO-AnyUSDC and WIGO-LUMOS liquidity providers
If you have liquidity in either of the following pools, they are not directly supported in the migration. Make sure to withdraw your liquidity and migrate your tokens separately.
1️⃣ WIGO-AnyUSDC
2️⃣ WIGO-LUMOS
✅ Since these farms are inactive, if your LP tokens are staked, you need to manually view and un-stake them. To do this, go to the WigoFarm section and set the filter to "inactive".
⚠️ Less than 4 days left to start your migration. To avoid any issues, don’t wait until the last minute.
If you have liquidity in either of the following pools, they are not directly supported in the migration. Make sure to withdraw your liquidity and migrate your tokens separately.
1️⃣ WIGO-AnyUSDC
2️⃣ WIGO-LUMOS
✅ Since these farms are inactive, if your LP tokens are staked, you need to manually view and un-stake them. To do this, go to the WigoFarm section and set the filter to "inactive".
⚠️ Less than 4 days left to start your migration. To avoid any issues, don’t wait until the last minute.