Tokenomics

Obtain DAO Tokens and Governance Tokens to become a member of WONDER DAO and participate in the decision-making process.

Tokens

• WONDER (Ticker: WDR)

  WONDER is a Utility Token that can issue Governance Tokens. WONDER can only be distributed through initial sales in the Station.

  Amount issued: 1,900,010 WDR

  Amount distributed to the Station: 1,700,010 WDR

  Amount allocated for liquidity: 200,000 WDR

  How to obtain: By participating in Station or Dex

• g.WONDER (Ticker: g.WDR)

  g.WONDER is the Governance Token of WONDER DAO. g.WONDER can be obtained by staking WONDER in the Obelisk, and it is issued and burned in the Obelisk.

  Amount issued: No limit

  How it is issued: Issued/burned in the Obelisk

  How to obtain: Obelisk

Buyback and Burning

With smart contracts, WONDER DAO’s NEITH Protocol distributes the PMR allocated to WONDER DAO, which is 0.01 WEMIX per block in Phase 01, to the Treasury Reserve Fund and the Incinerator Buyback Fund. The Incinerator component has the role of buying back WONDER in the market to burn and redistribute it to the Obelisk. The burning of WONDER may contribute to decreases in the circulating supply of WONDER, and the redistribution to the Obelisk may contribute to the increase in the exchange value of g.WONDER.

The Incinerator uses random execution algorithms to buyback WONDER, making it difficult to predict the time and amount involved. Gas Fees required for these executions are sourced from the WONDER DAO System Wallet, and the remaining balance may be viewed in the Incinerator in NILE.io’s WONDER DAO menu. Use Treasury Funds Proposal may be used to source DAO's Gas Fees from the System Wallet.

Governance Rewards

Part of the WONDER that has been bought back by NEITH Protocol’s Incinerator component is redistributed to the Obelisk to be utilized as rewards for governance participants. The Obelisk Contract issues the Governance Token, g.WONDER, when WONDER is staked. It operates based on the exchange ratio of the amount of issued g.WONDER and the amount of staked WONDER. The initial exchange ratio of the Obelisk starts at 1:1; however, the exchange value of g.WONDER increases due to the amount of WONDER redistributed to the Obelisk.

Transparent Tokenomics

The distribution of PMR as well as the burn and distribution of WONDER that has been bought back will be determined by the on-chain governance. All history is transparently recorded on the blockchain.

By using the PMR received from participating as an NCP solely for the purpose of DAO operations and growth of the Community, WONDER DAO Tokenomics both contributes to the WEMIX3.0 mega-ecosystem and contributes to the fulfillment of the Community vision towards sustainability/continuity.

If the amount of WONDER DAO recruiting goal has not been reached in the Station, participants may get refunds for the amount of WEMIX they invested to participate in WONDER DAO.