FAQ
Below are some frequently asked questions regarding WOMO, addressing common points of confusion and important operational details:
Q: Why does my wallet show fewer $WM tokens over time? A: This is due to the deflationary rebase mechanism. $WM total supply is shrinking, and your balance adjusts proportionally with each rebase event. For example, if the supply decreases by 1% in a rebase, every holder’s balance also decreases by 1%. Your wallet isn’t malfunctioning – you truly have fewer tokens. However, each of those tokens is now worth a bit more of the overall pie. If the market cap stayed the same, total value in terms of $S or $USDC would remain unchanged after the rebase (fewer tokens, but each token is worth more). The key thing to understand is that value is conserved even as the number of tokens decreases. The rebases will continue until the supply target (1 million) is reached.
Q: What happens to the tokens that are taken away during rebases? Are they sent somewhere? A: They are effectively burned. In a rebase, tokens aren’t sent to any particular address (like a burn address) instead, the total supply number is recalculated and everyone’s balance is adjusted downward. Technically, if you want to think of it simply, those tokens cease to exist. This is different from some deflationary tokens that send a fee to a burn address on each transaction; in WOMO’s case, the burn (rebase) is coordinated and equal for all at once.
Q: How do I stake my tokens or provide liquidity? A: To stake tokens, actually need to stake LP tokens, not $WM alone. Here’s a step-by-step:
Go to the WOMO(Staking) page. Choose to deposit with duo in a 50/50 ratio, or with a single token. If you enter with a single token, it will be swapped to a 50/50 ratio based on the LP you are staking (50% $WM- 50% $USDC), and then added to the LP pair and staked.
Pending rewards accumulating on the (Staking) page. You might need to manually claim them, or the system might auto-distribute – specifics will be on the UI.
Q: How do I bond, and when should I claim bonded $WM? A: To bond your assets for $WM:
Go to the Bond section of the WOMO app. There you will see a list of bond options. For example, “Bond $WM-$USDC or $WM-$S” might be one.
The interface will show the current bond price (the price of $WM you’ll pay via the bond, which is lower than market price if a discount is present) and the vesting term.
Choose to deposit with duo in a 50/50 ratio, or with a single token. If you enter with a single token, it will be swapped to a 50/50 ratio based on the LP you are bonding(50% $WM - 50% $USDC), and then added to the LP pair and bonding.
This bonded $WM will vest over the specified term (say 5 days). You can typically see a progress bar or how much is claimable as time passes. You can claim the full amount after the vesting ends.
When to claim: You should claim your bonded $WM once it’s fully vested. There’s no benefit to leaving it unclaimed after it’s vested – in fact, as discussed, the system might auto-claim for you eventually.
Q: How are Staking rewards distributed? A: Staking rewards are distributed in the form of $WM. The distribution is typically continuous or epoch-based. Here’s how it works generally:
The protocol allocates a certain number of $WM as rewards.
These rewards are split among all stakers proportionally to their share of the staked LP. If you own 10% of all LP tokens staked, you get 10% of the rewards each period.
Q: What is the difference between $WM and $wWoMo? A: $wWomo (Wrapped WoMo) is the wrapped version of $WM that does not rebase. When you wrap $WM into $wWM, the number of $wWM tokens in your wallet stays constant — but the amount of $WM that each $wWoMo represents decreases as rebases occur.
Real Example
You hold 100 $WM.
A rebase of -1% occurs.
Your wallet now shows 99 $WM — but your percentage of the total supply remains the same.
Now imagine you wrap those 100 $WM into 1 $wWoMo:
After the same -1% rebase, your balance still shows 1 $wWoMo.
However, if you unwrap it, you’d get ~99 $WM, reflecting the rebased supply.
This means:
$WM changes in amount, but not in share.
$wWoMo maintains amount, but its redeemable $WM value decreases in line with rebases.
Why Use $wWoMo?
$wWoMo is ideal:
If you want a simplified user experience without balance changes every rebase (15 minutes).
If you need compatibility with dApps, centralized exchanges, or cross-chain tools that don't support rebasing tokens
If you prefer to track performance more easily without constantly updating balances
Think of $wWoMo as a vault that holds a fixed % of total $WM supply. That % stays the same, but since $WM is deflationary, the tokens inside become more scarce and valuable over time.
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