Wombex Finance

Today we publish our usual update of Wombex protocol metrics. The biggest achievement so far is reaching $100m TVL level and returning back into Top10 BNB Chain projects <a href="https://defillama.com/chain/BSC" rel="noopener noreferrer nofollow">ranked</a> by TVL:<img src="https://miro.medium.com/max/1400/0*40OtEGfn1t7gG_Xl" />A screenshot from <a href="https://defillama.com/chain/BSC" rel="noopener noreferrer nofollow">https://defillama.com/chain/BSC</a>TVL dynamics in Wombex pools is presented below (veWOM TVL is not included in the bar chart):<img src="https://miro.medium.com/max/1400/0*X75XV45YlNN_pwV1" />TVL in Wombex pools vs time: <a href="https://dune.com/wombex_finance/wombex-pools" rel="noopener noreferrer nofollow">https://dune.com/wombex_finance/wombex-pools</a>Now Wombex accounts for &gt;50% Wombat TVL. In the BUSD pool Wombex’s TVL share is almost 80%.<blockquote>It is not surprising since APR paid in Wombex is offered in fully-liquid unlocked tokens, which is quite attractive for liquidity providers.</blockquote>Talking about veWOM, Wombex accounts for ~39% of veWOM locked:<img src="https://miro.medium.com/max/1400/0*etXmaQrwvZjvq8mZ" />A screenshot from <a href="https://www.defiwars.xyz/wombat" rel="noopener noreferrer nofollow">https://www.defiwars.xyz/wombat</a>WMX token metricsTotal supply now is 50.83m WMX. However, the majority of these tokens are not in real circulation now (such as Team, investors, liquidity mining, etc):<img src="https://miro.medium.com/max/1400/0*KUB8Wo8o9PPh7bBm" />A screenshot from <a href="https://dune.com/wombex_finance/wmx-token" rel="noopener noreferrer nofollow">https://dune.com/wombex_finance/wmx-token</a>On the market there are only tokens from Bootstrap event (2m WMX minus not distributed yet 275k WMX penalty), 144k WMX from airdrop, and the amounts from IFO and Syrup pool (also not completely distributed yet):<img src="https://miro.medium.com/max/1400/0*FKoJ5PHkMPL7aIWn" />A screenshot from <a href="https://dune.com/wombex_finance/wmx-token" rel="noopener noreferrer nofollow">https://dune.com/wombex_finance/wmx-token</a>Since the majority of airdrop recipients didn’t claim their tokens, we can use these tokens in future airdrops or other activities for rewarding Wombex or Wombat users.Vote-locking becomes more and more popular in Wombex: more than 2m WMX is vote-locked with unlock dates in February 2023:<img src="https://miro.medium.com/max/1400/0*uNAxzdCnHq5X9cIR" />A screenshot from <a href="https://dune.com/wombex_finance/wmx-token" rel="noopener noreferrer nofollow">https://dune.com/wombex_finance/wmx-token</a>However, what is more interesting is the amount of veWOM owned by vlWMX holders. Every vlWMX holder owns a share of Wombex veWOM holdings, in particular 5.60 veWOM is owned by 1vlWMX.Follow Wombex socialsTwitter: <a href="https://twitter.com/WombexFinance" rel="noopener noreferrer nofollow">https://twitter.com/WombexFinance</a>Discord: <a href="https://discord.gg/wombex" rel="noopener noreferrer nofollow">https://discord.gg/wombex</a>Telegram: <a href="https://t.me/wombex" rel="noopener noreferrer nofollow">https://t.me/wombex</a>

Wombex Protocol metrics overview: 7/11/22

Wombex Finance

Other articles published on Nov 24, 2022

🏆FBBank & Pexpay World Cup Celebration, $10000 Airdrop!

Legal aspects of smart contracts use

Genesis stops accepting customer withdrawals following the collapse of FTX

INTRODUCING MOBLAND TURF

World Population Turned 8B, Will Everyone Use Crypto as per CZ?

Wombex: Weekly Recap & Penalty Distribution

Join our free newsletter for daily crypto updates!