WixCare Overview
Project Overview
This project is a protocol aimed at protecting the natural environment. The world's ecosystem is being destroyed for reasons such as the decline of forests, and saving it is a matter related to the future of everyone in the world. The best way to protect forests is to plant more trees, protect them, and prohibit logging.
WixCare will constantly increase its value by using the debase function, which will contribute to increasing the community and protecting the ecosystem.
We will use the profits from this project to support numerous environmental protection organizations and volunteers who are working to protect the ecological environment.
We are grateful to the many community members who are supporting this project to protect the future of humanity, the ecosystem.
What is WixCare?
Wixcare is a new concept in decentralized finance, that is inspired by EGGS. The Wixcare (WICA) supply is getting debased (decreasing) by 0.001% every epoch (12 seconds) which is around 7% per day.
What consequences does this have?
The rebase era is over but WICA will spike a new revolution with debase tokens. The debase will increase the value of your WICA automatically if none is selling. How is that possible? Remember that debase also affects LP. So less WICA in LP over time but same amount of ETH.
If you understand this concept you have been wica-pilled.
How do we protec our WICA?
You can protect your WICA by depositing into secure vaults. There are three types of vaults. Full, big and smol protect vaults. Full protec vault will protect your precious WICA FULLY and won't be affected by debase. Full protec vault has a locking period of 7 days on deposit and partial withdrawals. No relocks required.
The other two vaults only protect your WICA partially in the form of rewards. The rewards are 10 million WICA per epoch. Big protec vault earns you 9/10 of the rewards by staking WICA/ETH LP (WICA/BNB LP). The smol protec vault earns you only 1/10 of the rewards. Both of these vaults only have a locking period of 24 hours.
Depositing your WICA in either vaults will lock them for 24 hours. Claiming rewards will reset timer and lock for another 24 hours. Depositing or claiming will NOT extend your locking period further. Partial withdrawals will NOT lock for these two types of vaults.
Last updated