Halte uns gerne auf dem laufenden, was die Kanzlei bewirken kann.

Key Points:

• We have launched Ambassador DAO and WX DAO! Ambassador DAO has already collected the necessary amount of PWR tokens. As a reminder, all DAO participants should fill out this form. After filling out the form, just keep an eye on the tasks that will be published on the DAO page, they will start appearing next week. Basically, the tasks will consist of retweeting and reposting, and all participants who complete the tasks will receive income equal to 10% of the amount of PWR tokens they have in staking. If you are interested in promoting our ecosystem and want to get income, don't miss out on Ambassador DAO! And if you haven't committed PWR tokens yet, in a month you will have a second chance to commit funds for participation.
• This week, all fees in PETE pools were set at 5%. Why is this important? It means that the token's supply will decrease much faster due to burning, and the rewards for stakers will increase. It should also have a positive effect on the speed of its price growth.

Q: Could you please explain again the idea behind the current -WXG token buyback and how it benefits the WX DAO treasury?

Sasha: This is essentially a way to benefit from trading fees on WX. As you already know, it is at the expense of trading fees that -WXG tokens are now being bought back. Once bought back, they go to the treasury of WX DAO, where they get burned. -WXG tokens that ended up on the WX DAO smart contract will never appear on the market again, they will only be exchanged for a more liquid asset by the WX team when the WX DAO members decide to do so. And this OTC exchange with the WX team will be the final income of WX DAO.

Q: Sasha, I am very concerned about the Kucoin situation. They are still actively using the outdated Waves token on the ERC-20 network instead of the new -PPT token.

Sasha: Right, the situation is really serious and I am already talking to Kucoin and Gate.io representatives. For those who don't know yet, we recently updated the wrapped WAVES token in the ERC-20 network. And right now you can exchange old ERC-20 network tokens for the new ones. Please contact support on the WX website if you have old tokens left.