Wombat Exchange Arbitrum Launch

April 5 update – the team says that the Arbitrum platform will launch “in an hour or so,” which would be 5:30am UTC. The time has been set accordingly.

Expansion of Wombat Exchange; multichain Stableswap platform to Arbitrum, previously launched on BSC.

The launch time for this event has not been announced, only that it is on April 5. This time is a placeholder.

DETAILS

• Launch Details
  • This is the launch of the protocol on Arbitrum
  • $WOM is the native token, and launched on Arbitrum on March 21 2023
  • Users can participate in liquidity farming via single-side stablecoins staking
  • Liquidity providers earn $WOM rewards and a share of 50% of platform fees
  • Liquidity providers can earn boosted rewards by locking (between 7 days – 4 years) $WOM via vote-escrow (veWOM) mechanism
  • $veWOM holders can vote to determine 40% of $WOM emissions and earn bribes (1 veWOM = 1 vote)