wEXOS

wEXOS is a wrapped token on the Ethereum Blockchain. We will be sharing more information soon. If you watch the Town Halls below you will get a better picture

 

wExos FAQ

wEXOS: is a "wrapped token", acting like a bridge to ethereum that connects our two chains together economically. The way that you do that is you create a version of your token like a mirror copy that can run on that other blockchain. These are called wrapped tokens.

wEXOS: is a "wrapped token", acting like a bridge to ethereum that connects our two chains together economically. The way that you do that is you create a version of your token like a mirror copy that can run on that other blockchain. These are called wrapped tokens. [Answer from Kent if we can use some of the definitions: The process of wrapping a token is the process of making it operable in another blockchain’s economy. It’s an interface between the EXOS and the Ethereum blockchains, providing interoperability between the two. wEXOS is an ERC20 token [a token on the Ethereum blockchain] which has a 1 to 1 representation on the EXOS blockchain which is a separate blockchain. It allows you to leverage the smart contract functionality on Ethereum, the positives of another blockchain ecosystem but maintain the rule-bound approach, the history, everything that you and Nayib spent time architecting very carefully for your community from day one.] The idea has been to create systems of wallets that people can put their EXOS into and get wEXOS in return.

A wrapped token is a crypto/digital asset traded on a blockcain whose value is mapped to another crypto/digital asset (the underlying asset). For example wEXOS is a wrapped equivalent of EXOS, traded on the Ethereum blockchain. The original asset, EXOS, lives on its proprietary EXOS blockchain.

https://youtu.be/iMQUmMUZN9g?t=6003 TL;DR started with QT which was the best one out there at the time the blockchain went live, but it lacked important features like multi address mode, so we created Electrum which is an HD wallet (see HD wallet) but it still didn't have everything we needed, since you could not stake with it. So now we have EXOS Core which combines the best of both worlds. Yet it will also be upgraded once we launch the wrapped token. Then we'll also add MetaMask to serve wEXOS, the wrapped version of EXOS. Also, the your Discord account comes with a wallet and hence we ended up with a bunch of wallets.

In order to be on Uniswap, you need to have an ERC20 token that you can pair with some other token. In this case, we'd like to pair a wrapped version of EXOS to Ethereum and the wrapped version to the EXOS part of the tokenomics, there's a one for one. So there's one wEXOS for one EXOS and it'll always be one for one if you remove the wEXOS and destroy it then the EXOS gets released.

This is coming shortly. Our wrapped token wEXOS will allow holders to exchange EXOS for other tokens via Uniswap.

Ignore your MetaMask wallet for now. Open an EXOS Core wallet. Use the EXOS Core wallet for the foreseeable future. There may come a time when the MetaMask wallet will be used for converting EXOS to wEXOS for trade in public exchanges

wEXOS is a wrapped token, acting like a bridge, connecting economically the EXOS blockchain and the Ethereum blockchain. You can think of wEXOS like a mirror copy of EXOS that can run on Ethereum blockchain. These are called wrapped tokens.

EXOS does not have a public, open market yet. We are currently exploring different versions of stock-and-flow, as well as agent-based models to prepare our governance, fiscal and monetary policies for when that happens.
We spent our first three(3) years of the life of the token focusing deeply on utility and distribution. It’s in 2021 that we are now pursuing liquidity on behalf of our stakeholders. The rise of DeFi has opened very exciting opportunities that we didn’t necessarily see in 2016 when we started planning this project. But now, it’s incredible what’s emerging in the space and we are working hard to make it part of the utility of the EXOS token with cross chain wrapped tokens (wEXOS). These experiments are happening right now.

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Within your Wallet you can click on EXOS swaps. This allows you to swap your EXOS for wEXOS.

EXOS should be swapped for wEXOS if you would like to turn sopme of your EXOS into fiat currency or any other crypto currency

As we are just launching the bridge from EXOS and wEXOS we want to ensure that the price stabilizes at a level that will benefit every one . We will continuously assess if the limit still needs to stay in place and will provide updates if the limit will be lifted at some point

As we are just launching the bridge from EXOS and wEXOS we want to ensure that the price stabilizes at a level that will benefit every one . We will continuously assess if the limit still needs to stay in place and will provide updates if the limit will be lifted at some point

You will be liable to pay ETH fees for the transfers. Your Wallet will inform you of the cost

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