What is WISE Token (WISE)? | WISE Token Explained in Under 60 Seconds

2 years ago
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WISE is designed to be the most decentralized and secure store of value in crypto, making it the star candidate for long term investments. Wise Token (WISE) is an Ethereum backed token that can be staked to earn interest. A pool of ETH on Uniswap backs all WISE holders, who may choose to cash out at any time.

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WISE token holders also earn staking rewards. Like bonds, certificates of deposit, and time deposit bank accounts, longer stakes provide higher yields. A steady rate of 4% annual inflation is used to create the interest pool.

With ownerless liquidity, all of WISE’s massive liquidity pool is locked, which can be verified by confirming the amount of liquidity token are in a 0x0 burn address.

Rising Price Floor - The value of WISE's Ether pool grows as investors and traders buy and sell WISE from Uniswap. Fees stay in the pool.

Market Downtrends - In a bear market, investors earn more WISE tokens for staking. Investors realize a profit from the interest they earned during the downtrend as the market recovers.

WEBSITE: https://wisetoken.net/

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