A new era - $WAGMI is born. Exciting news, Popsicle/WAGMI community.

11 Jul 2023, 20:16

A new era - $WAGMI is born Exciting news, Popsicle/WAGMI community! We're thrilled to announce that the $WAGMI token contract is now live. (Swap is not yet enabled, read on!) Read more about it here: #WagmiIsBorn The $WAGMI token is based on LayerZero's ( @LayerZero_Labs ) Omnichain Fungible Tokens (OFT) Standard. In the upcoming articles we will explain what OFTs are and how they work. OFTs, in short, are an extensible token contract enabling native sending between blockchains. This tech brings about transformative benefits for tokens adopting it. Some benefits that come with the OFT standard are: the ability to own your contracts, decide your security level, and have a say in your fees. These features enhance user autonomy. We've deployed $WAGMI on 9 networks: Ethereum, Binance Smart Chain, Fantom Opera, Avalanche, Polygon, Arbitrum, Optimism, zkSync Era, and Kava. Our team has also developed a bridge for easy $WAGMI swapping between these networks. However, the bridge between zkSync and Kava will be enabled later. $ICE to $WAGMI token swap will be enabled in early August. This will occur once all GMI & Concentrator audits are complete and necessary updates / fixes to the contracts are made. In the next 2-3 weeks, expect a flow of info through articles and threads explaining how $WAGMI, GMI and NGMI works, helping you understand its logic and prepping for an AMA with @danielesesta . We're eager to keep you informed and help you prepare for this exciting phase. Remember, the more you know, the better equipped you'll be for our upcoming AMA and easier it will be for you to use our products. Stay tuned for more updates! Your support fuels our efforts, and we can't wait to see where this journey takes us. Thanks for being with us!