It’s been confirmed that WGRT will launch an IEO on OKEx soon. And I expect the coin to moon because frankly, it’s the best governance coin any stablecoin system can have. Thats one.

It has a very low circulating supply and it is deflationary.

You see, as the WaykiChain system continues to run, CDPs will be opened and closed. That’s basically how it works. Now, doing this comes at a cost in the form of stable fees. Not to mention there is a penalty fee whenever a bad CDP gets liquidated. All these fees will be used to buy WGRT from Wayki-DEX and destroy them.

And since the system cannot issue more WGRT from thin air, the circulating supply will continuously drop so long as the system is in operation. Lucky for WGRT holders, coz the value of their asset will continue to rise indefinitely. So good right?

But that’s number one. The second reason I’m buying WGRT is that it’s going to be listed in a top exchange. When other governance coins got listed, they blew up on the first day. So this is already a proven and tested phenomenon, not guesswork.

And we know that the Wayki system is better than the MakerDAO system since it can handle nearly 3500 tps. If MKR could go to the moon then WGRT could vanquish the stars. That’s realtalk guys.

Reference taken from here: https://twitter.com/OKEx/status/1268008551118712832