 | WingRiders (WRT)IDO IEO     WingRiders is an Automated Market Maker (AMM) Decentralized EXchange (DEX) built on top of the Cardano using the eUTxO model on the main chain. The project is powered by VacuumLabs, one of the most widely respected developers in the Cardano space. WingRiders Seed funding $4,5M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is WingRiders
WingRiders’ objective is to be an infrastructure element for the whole Cardano ecosystem, with simple integration into any wallet or Dapp. Accessible via many platforms, supporting connectors and hardware wallets such as Ledger or Trezor. The platform will be fully decentralized and trustless supporting swaps between Cardano native tokens. The guarantees that WingRiders is committed to providing include:- Affordability - Cardano fees are much smaller than on other ecosystems like Ethereum.
- Anonymity - Anyone with ADA can interact with the WingRiders smart contract. We impose no other requirements in order to be as anonymous as Cardano is.
- Reliability - Anyone whose order was not fulfilled by the deadline specified in the request can easily reclaim it.
- Security - Code will be thoroughly audited, and its critical parts will be open source.
- Simplicity - The development team and designers are going through many iterations and collected lots of feedback to make sure the WingRiders platform is easy to use and user friendly.
- Trust - Nobody has a higher priority, and everyone is equal. Anyone can verify that requests were fulfilled in the order they were submitted onto the Cardano blockchain.
DetailsIDO (Vent Finance Launchpad): Jun 24, 2022 - Jun 24, 2022IEO (Gate Launchpad): Jul 13, 2022 - Jul 14, 2022 IDO (Daomaker Launchpad): Jul 04, 2022 - Jul 10, 2022 IDO (OccamFi Launchpad): Jun 28, 2022 - Jun 29, 2022 Pre-sale token supply: 12,000,000 WRT Token supply: 100,000,000 WRT Total tokens for sale: 20,000,000 WRT Raised: 4,500,000 USD LegalBlockchain Platform: CardanoRegistration year: 2022 | Token infoTicker: WRTType: Utility-token Accepted currencies: USDC, BNB, BUSD Token distribution: 20% - Incubation entities 5% - Future platform hires 5% - Partnerships & Marketing 6% - Presale participants 6% - Private round 8% - Public sale 3% - Environmental impact fund 4% - Initial Liquidity DEX & CEXs 3% - Various Ecosystem rewards and Development reserve 40% - Liquidity mining (Farming incentivization) |
WingRiders Roadmap
- The Whitepaper is a stack of notes
- Technical work begins on a “Proof-of-Concept”
- Proof of Concept developed and Whitepaper written
- Development of Minimal Viable Product begins
- Stealth mode continues
- Whitepaper published
- Platform comes out of stealth mode
- Integration with Nu.Fi complete
- Testnet launched showing how to seamlessly integrate into a wallet
- Marketing begins alongside education component
- Presale is launched
- Presale closes - 10+ big ecosystem players and VCs join
- Standalone web application besides NuFi embedded platform
- Stakability of ADA in pools
- Token to token functionality
- Support for multiple wallets (like Nami, CC vault, Flint and etc.) tested
- Support for HW wallets (Ledger, Trezor) tested
- Fully audited smart contracts by CertiK
- Sale of the governance token moved to Q2
- Launch on mainnet
- Launch on NuFi
- Introduction of USDC & USDT
- Introduction of ETH & BTC
- Integration of Typhon, Gero, CardWallet
- Integration of Ledger - directly and on android mobile, and Trezor - directly
- Integration of ADA Handle
- Whitelist opened
- Stake pool voting
- dApp integration for Eternl
- Public sale (ICO & IDOs)
- Start of contracts re-architecture for Plutus v2 - Vasil
Double yield farmingA new yield farming addition which rewards users with tokens from partnering projects together with WRT, the first rewards pair being WRT and DRIP.
Farming/Staking voting smart contract upgradeOptimized and upgraded smart contracts that are almost 3x smaller in size and 10x more efficient while maintaining security guarantees with effect on transaction fees to be 2-3x lower when voting or managing farms.
New agent for farming rewardsGuarantee of transparent, effective, and accurate on-chain rewards distribution directly to users' farms once per epoch.
Popular assets in the swap sectionAn extension based on users' requests to make the most popular assets easier to find while swapping.
Annual percentage rates (APRs) calculatedReflection of possible gains while providing liquidity into a liquidity pool or farming with a breakdown of all factors included in this value.
Token generation event (TGE)Release of WRT tokens into circulation via first-day airdrops, and distributing vesting schedules to users and partners. Opening of ADA/WRT pool on our platform and the possibility to buy WRT on two CEXes.
Infrastructure ready for Vasil hard fork on mainnetUpgrade of our infrastructure in preparation for Vasil hard fork on mainnet, so users won't be affected by any downtime or other inconveniences.
Governance sectionA new UI section to help users understand their WRT holdings across our DEX and their vesting schedules with an included table displaying the current distribution of WRT tokens for better understanding of how much WRTs are already circulating and how much are yet to come
Token informationA community-driven request for an overview of all tokens on our DEX and dedicated pages for every token with relevant information such as a price change graph.
Platform navigation improvementsSimilar sections were grouped together under one to make the navigation across the platform easier while bringing new pages.
Pools page extensionAddition of TVL deposited across the pools and overall trading volume in the last 24 hours and 7 days. Also, the collected 7-day fees and volume values per every pool.
WRT Boosting VaultUnique utility of WRT to boost users' rewards from regular farming by locking their WRTs into a special Boosting Vault.
Community outreachImprovements portal - a platform for community suggestions (improvements and new features) and for providing feedback to the core team.
Competitions on our DEXNew ways to obtain extra rewards for the users of our platform, with the first competition aimed at traders.
Harvesting all farming rewards in one clickThe community asked and we implemented the option to harvest all rewards at once and save on transaction fees.
Harvesting to Boosting VaultAnother implemented community request to harvest all WRT farming rewards in one click into the Boosting vault with double-yield farming rewards being harvested into the wallet while saving on transaction fees.
DAO votingA DAO voting solution for users to participate in the governance of the protocol. Users voting power includes all WRTs and ADA/WRT LP tokens they hold in their wallet or in some WingRiders smart contract. Anyone can also create their own proposal on-chain.
Utility of First Rider tokensMore efficient boosting of yield rewards gained in Boosting vault.
Pool detailsDetailed overview of pool information, statistics and progress over time in one place.
Popular community requestsUsers' feedback provided either via our Improvements portal or discord channels turned into features on our DEX.
Stableswap poolsPools bringing optimized swapping for 1:1 ratio between the assets and low slippage, suitable for exchanging two assets that represent the same value.
Advanced graphsMore advanced graphs on the dedicated token and pool details pages.
SDKSoftware libraries to enable 3rd parties to integrate our DEX and open-sourced tooling for the Cardano community.
Batcher fees paid in WRTToken utility that enables paying batcher fees in WRT tokens for requests on non-WRT pools.
Community-oriented featuresThe most popular improvements and ideas requested by the community via our Improvements portal.
More competitions rewarding usersNew competitions with a goal to reward frequent users of our DEX.
More technological and business partnershipsAdvanced collaborations and joint development whether open source or dedicated with other protocols to further support the ecosystem growth
Version 2 of smart contractsNew Vasil-compatible version of smart contracts with v2 features resulting in faster and cheaper transactions, bringing users more control during swapping.
More competitions rewarding usersNew competitions with a goal to reward frequent users of our DEX.
Catalyst proposalsSupport of the open source world of Cardano for the whole ecosystem to benefit.
Ecology impact fundTimeline based on the platform growth and Macro financial factors the kickstart of the ecology donations aimed on rewilding of our planet. Closely linked with the Tokenomics of the project and token price performance.
Decentralized batching agentAnother step towards a fully decentralized platform with the possibility for users to become batching agents themselves and gain batching agent fees.
Project team
Social media
MVP
