âī¸Token Utility
âī¸ The Utility of Our Token Is 7-Fold:
đ Staking - (Coming in phase 3)
It all starts with staking. In order to qualify for revenue sharing, premium application perks, tax sharing, incentive programs, and governance, users must stake their tokens. More info.
đ Premium Application Perks - (Coming in phase 2)
Staked WAIFU tokens grant you a number of perks within our product. Animated stickers, ad-free viewing, no chat cooldown, priority message processing in the chatroom, sub only streams, early access to new AI added, custom name badge, change name color, and many more! More info.
đ Buying Lootboxes - (Coming in phase 4)
WAIFU tokens can be utilized to buy lootboxes. Lootboxes contain a random set of cosmestic items for each unique WAIFU. Lootboxes can also be purchased with ETH, USDC, etc. Revenue generated from purchased lootboxes will be looped back into the staking farms to reward stakers.
đ Ad Revenue Share - (Coming in phase 4)
30% of all product revenue generated is rewarded to token stakers. Users can pay ETH, USDC, etc, inside of the application to temporarily unlock all of fore-mentioned premium application perks. More info.
đ Token Tax Sharing - (Coming in phase 4)
For each WAIFU sell order that runs through our primary liquidity pool, there is a 3% token contract tax. Down the road, we plan to offer token tax sharing via staking. These WAIFU tokens are rewarded to token stakers. More info.
đ Deflation / Token Burning - (Coming in phase 3)
Deflation is a core concept for our project. We want to make your tokens more valuable. A simple way to do that is by gradually burning WAIFU tokens. 1% of all WAIFU token sell orders immediately are burned reducing the overall hard-capped supply. More info.
đ Liquidity Mining + Time Lock Boost - (Coming in phase 3)
Once the liquidity mining program comes online, 5% of the total supply is allocated to be rewarded to WAIFU/ETH liquidity providers. These tokens are set to unlock over the course of 12 months.
5% of the total supply is allocated to be rewarded to WAIFU time lock stakers. These tokens are set to unlock over the course of 12 months. More info.
$WAIFU is the native cryptocurrency of the WaifuAI platform, used to enable transactions and interactions within the ecosystem. The token is ERC-20 compliant, built on the Ethereum blockchain, providing secure and transparent transactions.
The $WAIFU token serves several purposes within the WaifuAI ecosystem. Looking into the future, the WaifuAI project aims to offer a more personalized experience to its users through the creation of personal Waifus/AI companions. These companions will be customizable with different appearences, accessories, voice styles, and other unique features that users can unlock using the $WAIFU token.
This will allow users to have more control over their Waifu and create a more unique and personal relationship with them. The WaifuAI team is constantly working on new features and upgrades to enhance the user experience and make the WaifuAI platform the go-to place for all things waifu-related. The $WAIFU token will serve as the primary payment method for purchasing NFTs and other items within the WaifuAI marketplace. Users can buy different avatars, clothes, accessories, and voices using the token.
In the immediate future, the token will be used for tipping the Waifu to ask questions and get priority answers. The $WAIFU token is used as a reward for users who participate in the WaifuAI platform.
Overall, the $WAIFU token serves as a vital component of the WaifuAI ecosystem, enabling transactions, and community building. By using the token to buy and sell NFTs, participate in ecosystem, and earn rewards, users can help shape the future of the WaifuAI project while also enjoying a unique and personalized waifu experience.
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