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.
How to TGW
- 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.