Update:
Since our initial proposal a lot of things have changed and improved, here is everything we are doing:
Waru Protocol
Waru Protocol is a token based protocol dedicated to governance and DEFI, our goal is to achieve progressive decentralization and automation while creating multi-chain strategies that incentive and reward our holders.
WARU Token
Our VisionOur vision is to bring new forms of value trough Multi-chain strategies and participation in governance. Rewarding holders and stakers in a simple maner while we keep a fair distribution of ownership, value and control.
Contracts
WARU Contract Address: soon
WUBI NFT Contract
WARrior;
Mainet:0xeA380Be04a398d93030E4Bff15cBC87f6B35b5ae
Testnet: 0x0C712b95997eB957ffaC8bACB078Fa0eA67Eb679
WARrior NFT Smart Contract withdrawal Address: 0x9Fdcf9E4C3b9c8606803FAdA2734FABda2D24Dc8
WTC Multisig Adress: 0xC4ae…42F0
WTR Multisig Adress: 0x672C…14e6
The Team
Biosensei
DAO & DEFI Researcher
Creates vision and strategy
Abraham
Community Guardian
Leader of our community
Tr4ck3r
Blockchain Developer
Development of Smart Contracts
Alex
Blockchain Developer
WARU Token developer & Openswap.one developer
Contributor for token Design
WARU
$WARU is our token for governance, it stores value through our fee mechanism and makes *holders/stakers elegible to receive extra incentives through #WTC. It will be fairly distributed with no whitelists or pre-sales with the idea of achieving progressive community ownership and decentralization. Has a 0.2% fee strategically design, backed by $FRAX $UST on #WTR
WUBI
The 2100 #WUBI NFT Edition is a unique edition from Waru Protocol, it will give holders a passive income (30% total generated) through our #WTC strategies, this rewards are paid in yield tokens. We are making this edition with 10 collections, 10 artists per collection and 210 NFTs per artist to make the edition more unique. We are launching our initial colletion with @Yoichi has an artist to make the initial 210 W-UBI WARrior’s
The Zap-locker (creates lp) with $WARU tokens and other assets like $FRAX and $UST for the W. Treasury Reserve. This is one of the automated smart contracts that Waru will implement with customizable asset changing ($FRAX;$UST;$ETH;$LUNA etc.), it will essentially, collect the swap fees
(99% of the 0.1%) from any swap and automatically create LP with $WARU-FRAX and send it to a multisig reserve (#WTR). This removes circulation supply while growing a liquidity that rises the floor price. Until this contract and integration is fully developed we will do it manually each 30 days
The W. Treasury Cycle is a strategic yielding novel designed to generate value trough governance and reward distribution.
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#WUBI Holders or/and Stakers of +10k $WARU will receive 30% rewards from W. Treasury Cycles. New cycles and proposals can be made if there is enough fees on the #WTC, opening the possibility for multiple cycles to be created if enough demand on volume is generated.
MIN: 100$ to start or compound
W. Treasury Reserve will work as a buffer for the $WARU token and help with value backing and inflation. We believe that through fee locking buybacks and redistribution we don’t hold any user with locked rewards and we can potentially offset a big part of inflation. This doesn’t mean that we will not have deflationary aspects, beginning with Openswap.one being our power house that has deflationary tokenomics.
#WTR will be kept as treasury until full depletion on mining rewards ( aprox 3 years, 1095 days). At the end we will break the Lp and send the $WARU tokens accumulated again for the mining reward distribution. All the other pairs will be used to create WTC cycles that will increase massively after that day.
$WARU launch on OpenSwap.one soon!
