Our first week in BSC!

Wynaut Money
2 min readFeb 20, 2021

--

It’s been a wild ride, beyond anything we could imagine. When we started this project, we envisioned a genuinely community driven token and asked ourselves “Why not?” — we could never have imagined within a week we would have a thriving community, a blossoming ecosystem and a market cap of $22,000,000. We shattered TVL day after day, and watched our Telegram channel bloom to become the amazing community we have today.

Soon after launching $WYNAUT, we launched our staking and liquidity pools with $MEOWTH, which was a well received, and welcome addition to the project.

First, we’d like to shed some light on some of the inner workings of both $WYNAUT and $MEOWTH. We stealth launched $WYNAUT as a token reflector; this means a 3.6% fee is applied to all transactions. Half of the fee is burnt — reducing the supply of $WYNAUT — the other half is distributed back to holders.

It literally pays to HODL $WYNAUT!

We saw an opportunity to take it a step further and improve the ecosystem by adding $MEOWTH — a token that is purrrfect for providing liquidity! $MEOWTH is the yin to $WYNAUT’s yang; the short trade to the long HODL; the inflation to the deflation… and it’s worked wonders!

Since the launch of $MEOWTH, the TVL has increased $15,000,000 in the last 24 hours. Here’s some more numbers:

WYNAUT
Total Supply: $28,881,775
24hr Volume $2,483,600
Liquidity $1,800,000
Holders: 4,098 addresses

MEOWTH

Total Supply: $1,456,382
24hr Volume $7,400,00
TVL: $24,486,623
Holders: 3,175 addresses

Since we like to keep our HODLers dancing to the all time highs, we’ve burned 80,000 freshly farmed $MEOWTH and set halvings to 72 hour intervals.

Although a magician never reveals his tricks, we’ve called upon the special task force of auditors to perform audits anyway! Here is one of the first, and what it reveals:

https://ipfs.io/ipfs/QmSiif5bKEugzii1Vf94vcyJ1LZQeK5Va5hQ1wmrR6dLUT?filename=Wynaut_Review.pdf

Whilst we’re on the topic of burning tokens, we’re going to be implementing a new method in the form of a lottery; the winning ticket gets the pot.

And finally for those who like winning money:

A major partnership is coming on MONDAY, 22nd of February 2021 — $100 worth of $MEOWTH will be awarded to the first who correctly guesses and tweets us at @teamrocketapp.

TeamRocket is going to the moon — that’s right!

--

--

Wynaut Money
Wynaut Money

Written by Wynaut Money

Wynaut reflects a portion of fees back to its holders. Join us as we rebuild: https://t.me/whynotrebuild

No responses yet