WICS Token
WICS is the native governance and utility token of the WicSwap ecosystem. Built on WicChain, WICS serves multiple functions including governance, staking rewards, farming incentives, and platform fee discounts.
Token Overview
Basic Information
| Property | Details |
|---|---|
| Token Name | WicSwap Token |
| Symbol | WICS |
| Network | WicChain (WRC-20) |
| Contract Address | 0x742d35Cc6634C0532925a3b8D91C0ad4d3F3b3F1 |
| Decimals | 18 |
| Total Supply | 1,000,000,000 WICS |
| Circulating Supply | 156,000,000 WICS |
Token Utilities
1. Governance
- Vote on protocol upgrades and changes
- Propose new features and improvements
- Decide on treasury fund allocation
- Influence farm reward distributions
2. Staking Rewards
- Stake to earn platform trading fees
- Receive additional WICS token rewards
- Unlock governance voting power
- Access exclusive features and benefits
3. Farming Incentives
- Earn WICS by providing liquidity
- Boost farming rewards up to 2.5x
- Participate in special farming events
- Access to new farm launches
4. Platform Benefits
- Reduced trading fees (up to 25% discount)
- Priority access to new token launches
- Enhanced customer support
- Exclusive community events
Tokenomics
Token Distribution
Total Supply: 1,000,000,000 WICS
Distribution:
├── Public Sale (15%): 150,000,000 WICS
├── Farming Rewards (40%): 400,000,000 WICS
├── Team & Advisors (15%): 150,000,000 WICS
├── Development Fund (10%): 100,000,000 WICS
├── Marketing & Partnerships (8%): 80,000,000 WICS
├── Liquidity & Market Making (7%): 70,000,000 WICS
└── Reserve Fund (5%): 50,000,000 WICSEmission Schedule
WICS tokens are released following a carefully designed emission schedule:
Farming Rewards (400M WICS)
- Year 1: 200M WICS (40 WICS per block)
- Year 2: 120M WICS (24 WICS per block)
- Year 3: 60M WICS (12 WICS per block)
- Year 4: 20M WICS (4 WICS per block)
Team & Advisors (150M WICS)
- Cliff: 12 months from TGE
- Vesting: 24 months linear unlock
- Release: 6.25M WICS per month after cliff
Development Fund (100M WICS)
- Immediate: 20M WICS for initial development
- Quarterly: 20M WICS released every 3 months
- Duration: 12 months total release period
Deflationary Mechanisms
Token Burns
Regular token burns reduce circulating supply:
- Trading Fee Burns: 10% of platform fees used to buy and burn WICS
- Quarterly Burns: Additional burns from treasury
- Performance Burns: Burns triggered by TVL milestones
- Community Burns: Governance-approved special burns
Burn History
| Quarter | WICS Burned | USD Value | Cumulative |
|---|---|---|---|
| Q1 2025 | 1,200,000 | $780,000 | 3,850,000 |
| Q4 2024 | 980,000 | $650,000 | 2,650,000 |
| Q3 2024 | 750,000 | $425,000 | 1,670,000 |
| Q2 2024 | 920,000 | $510,000 | 920,000 |
Total Burned: 3,850,000 WICS ($2,365,000)
WICS Utility Deep Dive
Governance Features
Voting Power
Voting Power = Staked WICS × Time Multiplier
Time Multipliers:
- Flexible Staking: 1.0x
- 30-day Lock: 1.5x
- 90-day Lock: 2.0x
- 180-day Lock: 3.0xProposal Requirements
- Minimum to Propose: 100,000 WICS
- Quorum Required: 4% of circulating supply
- Passing Threshold: 51% of votes cast
- Execution Delay: 48 hours after passing
Recent Governance Results
| Proposal | Yes Votes | No Votes | Status |
|---|---|---|---|
| Reduce trading fees to 0.2% | 78.5% | 21.5% | ✅ Passed |
| Add ETH-BTC farming pool | 92.1% | 7.9% | ✅ Passed |
| Increase burn rate to 15% | 45.2% | 54.8% | ❌ Rejected |
Staking Economics
Reward Sources for Stakers
- Platform Revenue: 60% of all platform fees
- Token Emissions: Inflationary WICS rewards
- Partnership Fees: Revenue from integrations
- Treasury Yield: Returns from treasury investments
Current Staking Stats
- Total Staked: 89,200,000 WICS (57.2% of supply)
- Average APR: 28.5% (across all pools)
- Stakers: 12,450 unique addresses
- Average Stake: 7,165 WICS per staker
Farming Boost System
Boost your farming rewards by staking WICS:
| WICS Staked | Boost Level | Max Boosted LP Value |
|---|---|---|
| 0 | 1.0x | $0 |
| 100 | 1.25x | $5,000 |
| 500 | 1.5x | $25,000 |
| 1,000 | 2.0x | $50,000 |
| 2,500 | 2.5x | $125,000 |
| 5,000+ | 2.5x | $250,000 |
Boost Calculation Example
Base Farming Rewards: 100 WICS/day
Your LP Value: $10,000
WICS Staked: 1,000 (2.0x boost eligible)
Boosted Rewards = 100 × 2.0 = 200 WICS/day
Additional Daily Rewards = 100 WICSTrading Fee Discounts
Hold WICS tokens to reduce your trading fees:
| WICS Balance | Fee Discount | Effective Fee Rate |
|---|---|---|
| 0 | 0% | 0.25% |
| 100+ | 5% | 0.238% |
| 500+ | 10% | 0.225% |
| 1,000+ | 15% | 0.213% |
| 2,500+ | 20% | 0.200% |
| 5,000+ | 25% | 0.188% |
Discount Benefits
For a trader with $100,000 monthly volume:
- No WICS: $250 in fees
- 5,000 WICS: $188 in fees
- Annual Savings: $744 (2.98% return on WICS held)
Market Performance
Price History
| Period | Price Range | ATH | ATL | Market Cap |
|---|---|---|---|---|
| All-Time | $0.12 - $1.85 | $1.85 | $0.12 | $288M |
| 2025 | $0.45 - $0.78 | $0.78 | $0.45 | $122M |
| 2024 | $0.15 - $1.85 | $1.85 | $0.15 | $288M |
Trading Pairs
WICS is available on multiple exchanges:
WicSwap (Primary)
- WICS/WIC: Highest liquidity pair
- WICS/USDT: Stablecoin trading
- WICS/ETH: Cross-chain exposure
External Exchanges
- Gate.io: WICS/USDT
- MEXC: WICS/USDT
- PancakeSwap: WICS/BNB (bridged)
Liquidity Analysis
| Pair | TVL | 24h Volume | APR |
|---|---|---|---|
| WICS/WIC | $2.1M | $180K | 45.2% |
| WICS/USDT | $1.8M | $95K | 52.1% |
| WICS/ETH | $950K | $65K | 38.7% |
How to Get WICS
Primary Methods
1. Trading on WicSwap
- Buy directly with WIC, USDT, or other tokens
- Use limit orders for better entry prices
- Consider dollar-cost averaging for large positions
2. Farming Rewards
- Provide liquidity to eligible pools
- Stake LP tokens in farms
- Earn WICS rewards over time
3. Staking Rewards
- Stake existing WICS tokens
- Earn additional WICS from platform fees
- Compound rewards for maximum growth
4. External Exchanges
- Purchase on centralized exchanges
- Bridge to WicChain network
- Higher fees but potentially easier access
Recommended Acquisition Strategy
New Users (< $1,000)
- Buy small amount on WicSwap
- Provide liquidity to WICS/WIC pool
- Farm rewards with LP tokens
- Gradually increase position size
Medium Users ($1,000 - $10,000)
- Purchase mix on WicSwap and external exchanges
- Diversify across multiple farming pools
- Stake portion for governance participation
- Use DCA strategy over time
Large Users (> $10,000)
- Use OTC desk for large purchases
- Coordinate with team for market impact
- Consider private sale opportunities
- Implement sophisticated staking strategies
Security and Audits
Smart Contract Security
- Audited by: CertiK, PeckShield, Quantstamp
- Bug Bounty: Up to $500,000 rewards
- Multi-sig: 5-of-7 team multi-signature wallet
- Timelock: 48-hour delay on critical changes
Audit Results
| Auditor | Date | Issues Found | Status |
|---|---|---|---|
| CertiK | Jan 2024 | 2 Medium, 5 Low | ✅ Resolved |
| PeckShield | Mar 2024 | 1 Medium, 3 Low | ✅ Resolved |
| Quantstamp | Jun 2024 | 0 Critical, 2 Low | ✅ Resolved |
Risk Mitigation
- Gradual Rollouts: New features tested thoroughly
- Emergency Pause: Circuit breakers for critical issues
- Governance Delays: Time for community review
- Insurance Fund: Protocol insurance for major exploits
Roadmap and Future Development
Q2 2025
- Cross-Chain Expansion: WICS on Ethereum and BSC
- Mobile App: Native mobile trading application
- Advanced Analytics: Professional trading tools
- NFT Integration: Special utility NFTs for WICS holders
Q3 2025
- Perpetual Futures: Leveraged trading on WicSwap
- Options Trading: Decentralized options protocol
- Lending Protocol: Borrow against WICS collateral
- DAO Treasury: Community-controlled investment fund
Q4 2025
- Layer 2 Integration: Deploy on major L2 networks
- Institutional Features: Prime brokerage services
- Algorithmic Trading: API for automated strategies
- Governance Evolution: Advanced voting mechanisms
Ready to get WICS tokens? Start trading, farming, or staking to become part of the WicSwap ecosystem on WicSwap (opens in a new tab)!