Enable WSI/USDT (0.25% fee tier) V3 gauge on BNB Chain

Gauges
1

Overview

WeSendit requests a gauge whitelist for the WSI/USDT pool (0.25% tier fee) on BNB, which will boost the liquidity and community engagement.

Background

WeSendit is transforming digital data transfer and storage by aggregating Web3-based solutions and offering its own Web3 storage network. With Version 3.0 on wesendit.com, users can access a variety of storage options, including decentralized services like Storj.io and central ones like Cloudflare. We plan to add Unigrid, Filebase, and Huawei Cloud. This variety lets users choose providers based on cost, performance, and security, enhancing user experience and promoting Web3 adoption.

For bribing we’d like to start with $2k per epoch.

Details

  1. Boost Multiplier and Emission Cap %: 1.00x boost multiplier and 0.5% emission cap (default)
  2. Audits:
  3. Token Utility: The token economy of the WSI Utility Token is an integral part of the WeSendit ecosystem and plays a key role in providing Web3 functionalities on our platform. Implemented as a BEP-20 token on the Binance Smart Chain, the WSI token enables access to a variety of advanced services at https://wesendit.com while also supporting decentralized and secure data management.
  4. Volatility: N/A
  5. Oracles: N/A
  6. Control: The token contract is owned by our team wallet (0x7D48d8F61b1038C2B53D5d157766C92e69ba2Ea7)
  7. Merit: veCAKE holders will benefit from the gauge as most of the volume of WSI (~50%) goes through PancakeSwap. We’ll start pushing the gauge after launch, in order to redirect more traffic through PancakeSwap.
  8. Vault Strategy (for Position Managers only): N/A

Links

  1. Token address
    • 0x837a130aed114300bab4f9f1f4f500682f7efd48
  2. Liquidity pool address
    • 0x1c25ae16e6de5760aa92eebf2857eff2796539d1 (V3)
    • We plan to migrate our WSI/WBNB V2 pair to V3 at the end of the year (end of locking period)
  3. Position manager vault address (if applicable)
    • N/A, might be added later if needed
  4. Website
  5. Socials
  6. Documentation
  7. Github
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Thank you for your application! The Kitchen has enabled the WSI/USDT pool (0.25% tier fee) on BNB Chain with 1x boost multiplier and 0.5% emissions cap.

2 Likes