😁4. WagmiFarm (Community VC)
Last updated
Last updated
WagmiFarm, also referred to as Liquidity Provision Offering, enables token yield farming for listed projects. This is accomplished by depositing funds through BGT (converted to iBGT through Infrared Finance) emissions of LP to WagmiFarm, which acts as a community VC to secure IDO project tokens, ideally at presale prices or the listing price.
With this innovative 'win-win-win' launchpad mechanism benefiting the community, Wagmipad, and the listed project, more projects will be incentivized to list on Wagmipad, further enhancing the benefits for all parties involved.
Refer to this tweet for more elaboration: https://x.com/Wagmipad/status/1783011712935031125