Wombex Finance

WOM is growing, WOM is growing, Wombex is growing!Dear Wombex Warriors!Last two days you did an incredible job by supplying more than 2 Millions WOM tokens to the Wombex Bootsrap Event contract:<img src="https://miro.medium.com/max/1400/0*GJp4gX-xV6_DtVHn" />The rewards APR started from crazy thousands of % and now is stabilized at around 484%. In current conditions, WOM providers receive:<ol><li>19% of stake provided in WOM as WMX.</li><li>If vote-locked, it will remain at 19%. If claimed with a 50% penalty, it will be around a 9.5% reward on top of your WOM contribution.</li><li>All WOM provided are converted to wmxWOM that, after the Bootstrap event, can be staked for 51% APR on Wombex (rewards are paid in WOM from protocol fees) or 51% in Wombat wmxWOM/WOM pool with WMX rewards.</li><li>Received vlWMX generates 22% in Wombex and additional bribing rewards — which will be available after launching the bribe market in the coming days</li></ol>We made assumptions for vlWMX that could be received in the current bribing epoch. Since bribing yield highly depends on the % of vlWMX holders cast a vote, we prepared assumptions for different scenarios:<img src="https://miro.medium.com/max/1400/0*b9AC-gvFpZZfj97i" />The Bootstrap Event statsRecently, we created an analytics dashboard to analyse contributors’ structure to the Bootstrap Event:<img src="https://miro.medium.com/max/1400/0*hOmxnEGW1tMlhXqg" /><a href="https://dune.com/wombex_finance/bootstrap-event-and-wmxwom-pool" rel="noopener noreferrer nofollow">https://dune.com/wombex_finance/bootstrap-event-and-wmxwom-pool</a>Around 1.4m WOM was contributed by large WOM holders (&gt;100k WOM contributed from one wallet). However a lot of WOM holders owning smaller amounts participated too:<img src="https://miro.medium.com/max/1400/0*m38dPF3QjmuGic5b" /><a href="https://dune.com/wombex_finance/bootstrap-event-and-wmxwom-pool" rel="noopener noreferrer nofollow">https://dune.com/wombex_finance/bootstrap-event-and-wmxwom-pool</a>The majority of WMX rewards isn’t claimed yet so there is no data regarding claiming and penalties at this moment.WOM, contributed in the Bootstrap Event was converted to veWOM:<img src="https://miro.medium.com/max/1400/0*SRFsHncS1lzKIhlv" /><a href="https://dune.com/wombex_finance/wombex-wom-flows" rel="noopener noreferrer nofollow">https://dune.com/wombex_finance/wombex-wom-flows</a>The newly-aquired veWOM led to growing Wombex share &gt;38%:<img src="https://miro.medium.com/max/1400/0*t0_zjxdcU1kkzxB_" />Great job, Wombex Warriors!We are looking forward to creating more Bootstrap Events so stay tuned for the updates.Follow Wombex Socials <a href="https://twitter.com/WombexFinance" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://discord.gg/wombex" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://t.me/wombex" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://coinmarketcap.com/community/profile/WombexFinance" rel="noopener noreferrer nofollow">CMC Community</a> | <a href="https://medium.com/wombex" rel="noopener noreferrer nofollow">Medium</a>

The Wombex Bootstrap Event stats

Wombex Finance

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