FAQ
Last updated
Last updated
The Great Wave (WAV) is currently listed on:
The maximum supply cap for WAV is 1,979,869.
Yes. You may use WAV to form WVP without the other tokens. This method is easier but sub-optimal, means you may get less WVP by doing so.
You will need WVP to stake in order to get the governance token.
Guide available soon
We will be launching the Governance NFT, where TGW governance token will be imbued within, allowing one to own the NFT to be part of the DAO.
Yes. A treasury was formed to fund anything that adds value to the protocol, taking up to 10% of WAV emissions.
Beyond commissioning works for the Collective, the treasury funds will be used to add value/improve the project (marketing/pr/administration/management/audits/etc)
The treasury is controlled via governance, and needs to be signed off by the Core DAO.
WAV held in the TGW Governance Vault will form governance tokens. Voting weight is measured in TGW.
TGW being the vaulted WAV LP, commits long term holder to be able to vote on proposal/issues, while benefiting from the protocol's earning. Given the longer term staking nature of TGW, it helps prevent short term vote manipulations as well.
We will be using the well-established gasless governance client by Snapshot Labs.