WAGMI Overview
- What is WAGMI?
WAGMI protocol is a decentralized exchange on various blockchains, focuses on maximizing liquidity efficiency. It employs advanced strategies and GMI mechanics for liquidity management and diversification, ensuring optimal yields through an auto-rebalancing mechanism responsive to market conditions. GMI, a pool of multi-pools, allows holders to earn from diverse liquidity sources, emphasizing WAGMI's commitment to innovation, user rewards, and expansion across blockchains for enhanced decentralization and accessibility.
- Main Features
- Auto-rebalance mechanismLiquidity provision strategiesMultiple blockchains supportedGoverned by communityMulti-Pool Structure
- Blockchains
- Ethereum, ZkSync Era, Optimism, Polygon, Arbitrum
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Frequently asked questions
WAGMI actively observes market trends and implements an automatic rebalancing system to modify its strategies, aiming for consistently higher returns regardless of market fluctuations.
As a GMI holder, you begin to accrue fees from all supported multi-pools. Upon closing liquidity farming positions, GMI tokens are exchanged for a predetermined fixed quantity of WAGMI tokens. Exiting GMI results in 50% of the vested GMI being redistributed to current GMI holders, enhancing each one's share and potential profits.
WAGMI's swap fees are shared among liquidity providers within an active price range, pausing when outside this range and resuming upon reentry. Unlike previous iterations, fees must be manually claimed. WAGMI introduces multiple fee tiers for pools, allowing for the strategic selection based on asset volatility and trading frequency, improving liquidity and trading efficiency. The protocol also contemplates a governance-enabled fee, adapting to the needs of diverse assets and trading behaviors.
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