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WEXO token: Staking, vesting and dividend

apr 9, 2022 | min read

As we have already informed you, 2022 will be a year of more innovations for WEXO, when we will enormously expand the range of offered services. We are currently working on listing our WEXO token on the crypto exchange. This step involves extensive preparation, and we are pleased to inform you about the advantageous staking, vesting and dividend pools of our WEXO token.

WHY you should buy the WEXO tokens in the presale phase at an advantageous price and benefit from:

• holding of the Wexo tokens at the lowest possible price in the PRESALE phase before listing on the crypto exchange,

• the opportunity to get involved and use staking with + 24% growth per year,

• the opportunity to join up to a 30% dividend pool.

WEXO token staking with an annual valuation of up to 24%

The WEXO token is part of a significant ecosystem on the Cardano blockchain, and according to today's modern standards, it will also use the staking opportunities. We look forward to providing you with more details on the staking of our utility WEXO token.

There will be two staking pools for the WEXO token:

  • the presale pool,
  • the official pool (after listing on the crypto exchange).

PRESALE POOL

• It will exist only 1 year after the WEXO token listing and afterwards expire.

• The annual APR valuation will be 24%.

• It will be available to users with min. 25,000 WEXO tokens from the presale phase.

• It will be possible to insert only tokens from the presale phase into the pool.

• It will be possible to abandon the pool after it expires.

• The user will be able to withdraw the rewards in the form of the WEXO tokens and, e.g., deposit them back in the same pool (restake).

OFFICIAL POOL

• Will be established after listing on the crypto exchange.

• The annual APR valuation will be 24%.

• The time limit for the WEXO tokens locking in a pool is 1 year.

• Available to all users.

• The user will be able to withdraw the rewards in the form of the WEXO tokens and, e.g.,

deposit them back in the same pool (restake).

• In this pool, it will be possible to evaluate all purchased or acquired tokens that are not part of the pre-sale phase and are therefore not subject to 1-year vesting.

The staking reward will be paid off every day. In the new WEXO cryptocurrency application, which we will introduce soon, you will be able to control the whole process easily. At the same time, staking will be accessible through our online interface.

What exactly is staking

Cryptocurrency staking is one of the possibilities for achieving a passive cryptocurrency income. The term originated after a new consensus mechanism called Proof of Stake was established. As a term used nowadays, staking represents any locking of a certain number of tokens or coins to evaluate them or gain other benefits.

The WEXO token vesting and its release into circulation

Presale:

All WEXO tokens purchased in a presale or from the affiliate program will be locked for 12 months from listing. After this time, the release of tokens will begin for the next 5 months, at 20% each month.

Public sale:

All WEXO tokens purchased after listing will be immediately available with the option to sell or join the official staking pool with a 24% APR valuation.

Presale

Locked for 12 months, then released at a rate of 20% per month for the next 5 months.

Public

Unlocked at the official market launch.

Staking

Staking rewards will be unlocked at the official market launch.

Community & Ecosystem

Unlocked at the official market launch.

Liquidity

Unlocked at the official market launch.

Team & Advisors

Locked for 12 months, then released at the same rate for the next 24 months.

Reserve

Locked for 12 months, then released at the same rate for the next 24 months.

tokenomics wexo token

What exactly is vesting?

Vesting is a gradual release of locked tokens. This procedure is usually associated with a pre-sale phase when investors obtain a certain number of tokens at a discounted price. Release rules vary; the release may be single or phased at specific intervals.

Assure a strategic place in the three-level dividend pool

The WEXO platform will allocate 30% of the profit from all fees to DIVIDEND POOLS. Their profit is divided equally among the current number of participants in the given POOL.

Conditions of getting involved in the dividend pools:

• DIVIDEND POOL 1 = holding condition of 25,000 - 99,999 Wexo tokens
• DIVIDEND POOL 2 = holding condition of 100,000 - 249,999 Wexo tokens
• DIVIDEND POOL 3 = holding condition of 250,000 Wexo tokens, a multiple of this volume (i.e., 500k, 750k, 1M, etc.) provides you with a multiple of shares

Profit percentage from fees of individual dividend pools, a total of 30% divided into:

• DIVIDEND POOL 1 = profit 5%
so-called 5% Dividend Pool

• DIVIDEND POOL 2 = profit 7.5%
a member also gets a share from POOL 1 (+ 5%) automatically
so-called 12.5% Dividend Pool

• DIVIDEND POOL 3 = profit 17.5%
a member also receives a share from POOL 2 (+ 7.5%) and from POOL 1 (+ 5%) automatically
so-called 30% Dividend Pool

Buy the WEXO token in advance at a special price and benefit at once by

• holding of the Wexo tokens at the lowest possible price in the PRESALE phase before listing on the crypto exchange,

• using of staking with + 24% growth per year,

• the opportunity to join up to a 30% dividend pool.

We have chosen strategies to ensure a steady increase of the Wexo token price and the service-related community without any significant post-listing drops. During the first year, everyone who meets the conditions will have an exclusive opportunity to profit, through the ownership of the Wexo tokens, staking and dividend pools.

The condition for you to participate in this system is to own at least 25,000 WEXO tokens before listing on the crypto exchange.

Buy the Wexo tokens now for 0.11875 €; the price is valid until midnight on 31.5.2022. Subsequently, from 01.06.2022 with validity until listing on the crypto exchange, the token price will be increased to 0.125 €. Get significant benefits for the first year since listing.

The Wexo token listing price on the crypto exchange will be 0.25 €.

At the current price of 0.11875 € we suggest 3 options for gaining a place in the dividend pools:

• 3,000 euro = 25,263 tokens = POOL 1
• 11,000 euro (10% bonus as extra tokens) = 101,894 tokens = POOL 2
• 25,000 euro (20% bonus as extra tokens) = 252,631 tokens = POOL 3

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