Wheat Token

Wheat Token

Created using Figma
Created using Figma
Wheat is a yield optimizer and tokenization of yield farming positions. These yield farming positions can be used as collateral to mint MOR.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • ApeSwap
    WHEAT/0XBB4CDB9CBD36B01BD1CBAEBF2DE08D9173BC095C 4 hours ago
    $ 9.06
    $ 136.08
    -
    -
  • PancakeSwap (v2)
    WHEAT/WBNB 6 months ago
    $ 12.67
    $ 62.509 K
    0.08%
    -70.04%
  • PancakeSwap (v1)
    WHEAT/WBNB 7 months ago
    $ 15.59
    $ 122.853 K
    -
    -
  • PancakeSwap (v2)
    WHEAT/BUSD 7 months ago
    $ 0
    $ 0.0002
    -
    -
To be announced
Token Details
Token Distribution
Circulating Supply
517,356.008
Additional Details
Categories
Platform

About Wheat Token

Wheat is the incentive token of the ecosystem, including Growth DeFi’s yield optimizer of the same name. Buyback and burn mechanics are implemented through performance fees on stkTokens in combination with fee collectors. This will eventually make WHEAT deflationary over time.

stkTokens are tokenized yield farming positions in different protocols such as ApeSwap and PancakeSwap.

The standard performance fee for stkTokens is 5% of the token it is yield farming. In the case of ApeSwap and PancakeSwap strategies, these fees go to the respective fee collectors.

There are no deposit or withdrawal fees in stkTokens V2. They are used as ilks for MOR, and having deposit/withdrawal fees would only add friction.

Inflows: performance fees from stkTokens + staking rewards from CAKE and BANANA fee collectors

The long-term goals for WHEAT are:

  1. Decreasing the emission rate overtime

  2. Increasing the total fees collected from performance fees through larger adoption of MOR (resulting in more TVL for stkTokens)

  3. Increase the holdings of CAKE and BANANA in the fee collectors

  4. Lower the WHEAT supply through constant buybacks with the fee collectors

Activity

Followers:
14 752
VERY HIGH
Tweets:
1 113
VERY HIGH
30 Days Growth:
2452
Alexa

Rank:
597 846
MEDIUM
Delta:
305 613
Year commits:
3 925
Watchers:
20
Stars:
12
Forks:
4
Open issues:
7
$ 8.86
-11.93%
Crypto Stats
Daily, %:
-11.93%
Weekly, %:
-16.51%
Monthly, %:
158.14%
Market Info
Market Cap:
$ 5.969 M
Volume 24h:
$ 54.927 K
Circ. Supply:
673.439 K WHEAT
Ticker:
WHEAT
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