Wombex is a yield aggregation and veToken accumulation protocol built on top of Wombat Exchange. The protocol operation is based on the rules of Wombat veToken model:
Wombat offers base APY (offered to anyone supplying liquidity without any additional conditions) and boosted APY (depends on the user’s veWOM position)
To create a veWOM position, the user needs to lock WOM for a certain amount of time (from 7 days to 4 years, longer lock-up corresponds to bigger number of veWOM received after locking)
Based on the user’s veWOM position vs veWOM position of others, the boosted APY is calculated. In general terms — more WOM locked for a longer time leads to bigger veWOM position and, finally — a bigger APY for the user.
Wombex’s primary purpose is to provide a WOM boost to LPs as a service and allow Liquidity Providers to earn high APY without the necessity to buy and stake WOM.
What is the highest value Wombex (WMX) has ever reached?
Wombex (WMX) reached its peak price at 0.4797 $ on 21 October 2022, approximately 3 years ago ago. Presently, the current price is -99.94% lower than this all-time high.
What is the historical minimum price for Wombex (WMX)?
The minimum price reached for Wombex (WMX) was 0.0002249 $, documented on 22 August 2024, more than a year ago. In comparison, the current price is 18.95%, it above this historical low.
What is the fully diluted valuation of Wombex (WMX)?
The fully diluted valuation (FDV) of Wombex (WMX) stands at $ 19,862.09. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 100,000,000 WMX tokens. The realization of this FDV might take several years depending on the emission schedule of WMX tokens.
How to add Wombex (WMX) to MetaMask?
By integrating Wombex (WMX) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import WMX as a token. You can either manually import WMX by copying its contract address (0xa75d9ca2a0a1d547409d82e1b06618ec284a2ced) or use MetaMask's Chrome extension to add WMX with a single click through P.CASH.
How to add Wombex (WMX) to TrustWallet?
Incorporating Wombex (WMX) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include WMX, you can either manually import it using the contract address (0xa75d9ca2a0a1d547409d82e1b06618ec284a2ced) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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