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WAGMI to launch on PancakeSwap

链诸葛 2025年04月15日 02:13

"WAGMI," an acronym for "We're All Gonna Make It," first emerged from a motivational video by the late Aziz "Zyzz" Shavershian, a Russian-Australian bodybuilder. It gained traction in the WallStreetBets subreddit (WSB) in 2021 and soon found its way into the crypto community. Within this realm, WAGMI symbolizes hope, a sense of community, and confidence in the success of their investments. CZ adopted the term in 2023 and carried it into early 2025. WAGMI is here to make things happen!

The WAGMI token is preparing to launch on PancakeSwap, and its innovative quadruple mechanisms has generated significant buzz among community members. As the Binance Chain ecosystem anticipates the arrival of this potential standout, the project team has revealed that WAGMI will be listed for trading on PancakeSwap. Its striking quadruple mechanisms have drawn considerable attention and prompted engaging discussions in multiple forums.

WAGMI charges a 2% fee on trades(buy/sell), structured as follows:

1. 0.5% Assurance Mechanism: Taxes received are redirected to the Assurance Pool, which helps maintain price stability and creates a solid support level.

2. 0.5% Liquidity Pool Mechanism: Taxes received are returned to the liquidity pool, with the Liquidity Pool being sent to the Null Address, thus boosting token scarcity.

3. 0.5% Buyback and Burn Mechanism: If the price drops by 30% in a day, the system will automatically allocate 50% of the Assurance Pool for a Buyback and Burn, limited to once per day.

4. 0.5% Principal Protection Mechanism: At 8:00 AM daily, the system sets a "Principal Protection Benchmark" based on the day's price. Any amount below this benchmark will be converted into BNB and sent to the Null Address, mitigating the impact of token dilution.

Additionally, WAGMI has implemented a slippage eradication mechanism. By burning tokens to a designated ratio—based on total issuance—the system can achieve zero slippage, which greatly enhances the trading experience.

On a more radical note, 2% of the proceeds from successful trades will be redirected to the "Intense Burn Pool," with no fees applied to trades that incur losses. This approach is expected to effectively mitigate market manipulation and stabilize community expectations.

From a mechanism design standpoint, WAGMI is not just establishing a two-pronged defense system through smart contracts; it's also ramping up market activity with its incentive frameworks. Whether this initiative will rise to prominence on the Binance chain remains to be seen. However, given the continuous improvements in liquidity and market architecture, WAGMI's debut might spark a fresh wave of the "dark horse effect." WAGMI!

https://x.com/Everyone_WAGMI

https://t.me/BSCWAGMICOM