The WISE project consists of smart contracts, capitalizing the formation of token liquidity, a referral system and token betting opportunities. The overall project flow can be described in two main eras - each of which was designed as a smart contract for a specific financial purpose.
Contents:
Description of the project
The launch of the project contract will kick off a 50-day phase during which users can send ETH into the contract to reserve WISE tokens and form the main liquidity pool.
There are about 5 million WISE available every day, distributed in proportion to the amount of total ETH, sent that day. The longer you bet, the more interest you earn. You can access the interest at any time without any fee, but early termination of the bet is penalized. All fees and penalties go to other participants.
Some features:
| 1 | Cash out instantly, using the Uniswap DEX. |
| 2 | While other projects rely on users, slowly building markets for their tokens, the very nature of the WISE contract involves the instant creation of a huge pool of liquidity on Uniswap, without KYC and the ability to exchange from your personal wallet. |
| 3 | Smart contract technology ensures complete security of all participants' funds. No one can steal funds or change contract functions. |
The main purpose of the project token - staking - is similar to both bonds and CDs (certificates of deposit): to reward the owner with the interest, earned in exchange for blocking their funds for a certain period of time. WISE includes some of the features of both of these traditional instruments, but improves them greatly.
Additional information
WISE gives the staker complete flexibility in choosing when to withdraw his interest during the term of the bet. You can withdraw interest daily, irregularly, wait until maturity, and so on. The site has a section with documentation, which describes all features of the project. The WISE contract has a direct one-tier referral system that rewards both the referrer and the referee when a user reserves WISE tokens.
From social networks, the community leads:
Smart contract audit is here.