Hello cryptocurrency enthusiasts, there’s another promising mining campaign waiting for us — the token mining event of WOW on the Wow Earn App.
WOW Coin is the governance token of the WOW EARN ecosystem, and as the WOW EARN continues to develop, the value of WOW will continue to rise.
These are currently among the highest-potential mining campaigns, so act quickly to start mining the promising WOW token for free!
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How to mining WOW on WOW EARN app?
Step 1: Download the WOW EARN application through the link below.
If you missed out on #BTC and #ETH, don’t miss #WOW. Download the WOW EARN application here
Step 2: Create a wallet and remember to save your wallet recovery phrase
You need to securely store the 12-word security phrase to prevent issues in case you forget your wallet or change your phone.
It is advisable to either take a photo with your phone or write it down on paper, then keep it safe and avoid losing it or letting others know about it.
Step 3: JOin WOW EARN
After creating your wallet, you will access the DApp, choose WOW EARN to enter the link for mining WOW.
Next, change the network; by default, it will be ETH, but it’s recommended to switch to BNB.
Press Confirm. Click on the hammer icon to start mining.
Click on the wheel and gift box to earn free rewards, including USDT and WOW.
Spin the free reward wheel after 6 hours to receive random USDT and WOW.
If you missed out on #BTC and #ETH, don’t miss #WOW. Download the WOW EARN application here
Why You Should Participate in WOW Token Mining on the WOW EARN App?
WOW EARN INTRODUCTION
WOW EARN is a decentralized smart contract pledge mining platform featuring a highly capital efficient liquidity pool that supports unilateral tokens to provide liquidity,reduce impermanent losses and minimize transaction slippage.
WOW EARN aims at provide users with a seamless web3.0 transaction experience while building a healthy and sustainable blockchain application. It supports unilateral tokens to provide liquidity,reduce volatile losses and minimize transaction slips.
By lightning mining in WOW EARN,platform pledge and blind box casting,players can participate in DAO governance and earn dividends. WOW EARN also integrates various functions such as smartTrade,WOW vending machine,WOW private equity pool,crowdfunding and liquidity management.
If you missed out on #BTC and #ETH, don’t miss #WOW. Download the WOW EARN application here
MINING MECHANISM AND FUNCTION
WOW tokens are native token of the WOW EARN platform,used to motivate users to participate in the platform’s trading,liquidity provision and other DeFi operations. Users obtain WOW tokens by participating in activities such as mining.
WOW EARN The mining mechanism is based on the transaction verification and packaging mechanism of blockchain technology,not mining through smart contracts. Smart contracts are only used as part of the platform to implement DeFi functions such as trading,lending and liquidity management,as well as to control the issuance and distribution rules of wow tokens. WOW EARN Planning to provide three types of DeFi mining smart contracts,their functions and mechanisms:
Liquidity mining:
Liquidity pool encourages users to provide liquidity through the liquidity mining mechanism. Users participating in the liquidity provision will receive the corresponding WOW token rewards,which will be deducted from the transactiontoken rewards,which will be deducted from the transaction fuel fee.
Lending mining:
the lending function encourages users to conduct lending operations through the lending mining mechanism. Users who participate in the lending operation can receive the corresponding token rewards,which are deducted from the transaction fuel fee.
Token mining:
WOW token mining mechanism to motivate users to hold and use the platform tokens through the platform. Users participating in token mining will receive the corresponding WOW token rewards,which are deducted from the transaction fuel fee.
WOW tokens
WOW tokens are a multi-chain universal digital token that will enable the WOW ecosystem as a basis for trading and exchange,while enhancing community governance capabilities. It is available to WOW teams,users,and the entire ecosystem. This will allow creators and users to exchange assets and build a user-based reward platform,while simultaneously developing and sharing a truly unique user experience.
Distribution Strategy
WOW EARN plans to issue tokens with a clear allocation strategy designed to balance the interests of multiple parties and promote the healthy development of the ecosystem.The allocation strategy will ensure that all stakeholders are reasonably incentivized in the token issuance and use process, and jointly promote the healthy development of the ecosystem.In order to achieve this goal,WOW ERAN will continuously communicate and cooperate with investors and users,and adjust the strategy to respond to market changes and challenges when appropriate.
Decreasing mining incentive strategy
WOW EARN plans to allocate 50%(500 million) of the total issue of 1 billion tokens to the mining pool.The mining incentive is decreasing, halving after a certain number of tokens have been mined. As mining progresses, the incentive for miners will gradually decrease. This helps to extend the mining cycle and reduce inflation, while encouraging miners to join the network early and contribute to the stability and security of the project.
WOW EARN Dedicated to providing a secure,diverse,and user-friendly,decentralized web3 platform for cryptocurrency users to buy,exchange,and trade cryptocurrencies without friction.WOW EARN Core component driver:
Provide a safe,diversified and user-friendly use platform;
Provide an asset management platform that allows users to buy,exchange,and trade cryptocurrencies without friction;
Launch WOW tokens as a core incentive to drive the growth of WOW EARN products and services while enhancing community governance;
An ecosystem built through WOW EARN partners,developers and communities,and a WOW universe based on AIGC and NFT technologies.
WOW EARN The advantages lie in its blockchain technology,decentralized architecture,user-friendly transaction interface,and diversified digital asset transaction options,user experience and services,and the ecosystem.
With the continuous development and improvement of the digital asset trading market,WOW EARN will continue to innovate and progress to provide better services and solutions for users.
If you missed out on #BTC and #ETH, don’t miss #WOW. Download the WOW EARN application here
COMMUNITY GOVERNANCE
Community governance is crucial to the healthy development of an ecosystem,and the WOW EARN ecosystem provides a decentralized way of governance.
WOW holders can propose and vote to determine the direction and funding use of the ecosystem. WOW EARN A certain percentage of the net profit will be invested to repurchase WOW tokens to support community governance and ecosystem development.
Council members will assist in managing the community and initiating proposals for WOW ecological planning to ensure fairness and transparency in community governance. WOW EARN As a governance token,it will play an important role in the ecological construction and transaction of the WOW universe,attract more users to participate in the ecosystem,and contribute to the growth and development of the ecosystem.
The entire ecosystem of WOW EARN aims to motivate users to participate and reward those who add value to our ecosystem. Through community governance and buyback mechanisms,WOW EARN will continue to attract more users to participate in our ecosystem,working together to create a more prosperous and sustainable ecosystem.
The cryptocurrency mining guide concludes here. In this article, we’ve discussed WOW tokens and the WOW EARN app. We hope Airdrop blog users find this information somewhat useful.
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