WigoSwap

$37,226.57 crowdfunded from 331 people

$21,161.76 received from matching pools

100%
average score over 1 application evaluations
WigoSwap is an integrated DeFi platform with DEX, staking, and yield farming on Fantom, featuring low fees, gamified elements, NFTs, and a deflationary token with a hard cap of 2B.

WigoSwap is an all-in-one suite where you can enjoy the benefits of DeFi in an accessible and usable way while having fun and earning by participating in games and contests.

The more you engage with WigoSwap, the more you contribute to the scalability and stability of the protocol.

WigoSwap’s comprehensive Web3 platform provides DeFi services including DEX, Yield Farming, and Staking, with the lowest transaction fees in the Fantom ecosystem (only 0.19%).

A clean and responsive user interface means that DeFi Degens and crypto newbies can quickly familiarize themselves with the WigoSwap protocol and feel completely at home.

Alongside WigoSwap’s standard DeFi offerings, exclusive products like WigoGalaxy and PREDICT inject fun and bring even more earnings opportunities to the seamless Web3 experience we provide.

One of WigoSwap’s many advantages is that as engagement and numbers of users increase, the unique Gamified Burning Mechanism or GBM removes tokens from the circulating supply to extend the emissions distribution period without exceeding the 2B token hard cap.

We try to do things differently on WigoSwap, and we sum up the protocol with this one sentence: WigoSwap enables you to trade your tokens efficiently, earn passive income, and have fun in DeFi.

The WigoSwap team includes experts and enthusiasts who have been believers in Fantom for years.

We know that for a network to succeed, it needs to attract users via innovative, scalable technology and practical applications that showcase the network’s capabilities.

Powerful and groundbreaking DeFi protocols have been developed on Fantom, but due to a lack of attention to user experience and usability, these complex platforms have been unable to attract inexperienced users.

WigoSwap fills this gap with a DeFi platform combining sophisticated tools and a carefully designed, pleasing visual interface.

From the outset, our aim has been to build an easy- and enjoyable-to-use DeFi protocol that leverages the capabilities of the Fantom network and lowers the barriers to entry that limit new users.

Several key factors sustain our competitive advantage:

  • Simplicity and comprehensibility: We think user-centric, create simple solutions for real problems, and avoid complicated terms and over-specialized solutions. DeFi should be the answer to users’ problems and not the cause of more problems. Belief in effective simplicity guides our products, the user interface, and the documentation we produce.

  • DeFi with GameFi: We inject an element of fun into DeFi through WigoGalaxy rich user profiles and mini-games. WigoGalaxy opens a new world of gamification in DeFi.

  • Sustainability and scalability: WigoSwap’s tokenomics and deflationary mechanisms are designed around sustainability. A hard cap of 2B limits the total circulating supply. Through the Gameified Burning Mechanism, a significant portion of the WIGO is removed from circulation and reallocated to emissions rewards. Long-term, with sufficient user engagement, it’s possible that WIGO will be deflationary!

  • The lowest possible transaction fees: Transaction fees on WigoSwap are only 0.19%!

  • Art and NFT: The WigoSwap team is connected to a network of artists with whom we are collaborating to build an NFT marketplace (WigoMarket) focused on high-quality collections. Users on the platform can already mint a unique and exclusive NFT Wiggy character usable as a PFP. More Wiggy-themed collections are on the way as we lead up to the launch of our marketplace!

As a new project born in the bear market, we spend our resources optimally on things that can have more impact and bring more users to WigoSwap:

1- We plan to focus increasingly on GameFi. Our recent investment in the excellent game RedWest marks a vital step in this direction. We believe that GameFi can play a critical role in growing DeFi services.

2- Another key component in our GameFi strategy is WigoGalaxy, an area of WigoSwap where we will continue to develop and offer fun and profitable mini-games that will serve as a portal for users to experience gamified-DeFi.

3- We will grow the Fantom NFT ecosystem with Wiggy NFTs, the NFT Marketplace, and collaborations with reputable artists.

4- In addition to the above, we will soon release the WigoSwap Launchpad and WigoRun, through which blockchain startups can access accelerator and fundraising programs and resources to support their expansion on the Fantom network.

5- WigoSwap's $FTM Liquid Staking will come in Q1 2023!

A great option for $FTM stakers who are looking for another avenue to put the value of their stake to work.

$wiFTM maximizes your rewards, frees up the value of your staked $FTM & increases security of the Fantom network.

We hope to get funds from our community and the Fantom Foundation to have various bug bounties and additional security audits.

WigoSwap History

  • accepted into Vault Round 1 1 year ago. 331 people contributed $37,227 to the project, and $21,162 of match funding was provided.

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