📖
Moxy Tokenomics
  • Introduction
  • The Moxy Ecosystem
    • Moxy eSports
    • Moxyan
  • Token Mechanism
    • Overview
      • $MOXY token
      • $WMOXY token
    • Proof-of-Play mechanism
      • PLAY
      • SCORE
    • Governance Mechanism
      • Moxy Governance Reward (MGR)
      • Governance proposal voting
  • Token distribution
    • Token Supply
    • Allocation
      • Ecosystem
      • Moxy Foundation
      • Treasury
  • Moxy Whitepaper
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  • Purpose
  • Minting Mechanism
  1. Token Mechanism
  2. Overview

$WMOXY token

Ethereum Contract address: 0x695AfdB42EDFf97AF470a15920a66dF81a234c0e

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Last updated 1 year ago

Purpose

$WMOXY token is an ERC20 standard token on the Ethereum chain.

$WMOXY is set to have a maximum supply of 1.5bn and is algorithmically locked in the Smart Contract.

$WMOXY is listed on major CEX to allow users outside of Moxy Club to buy, hold, and sell the MOXY tokens on the Ethereum chain.

$WMOXY token allows for users to store their $MOXY via a cold storage hardware wallet.

Minting Mechanism

There is 1.5bn $WMOXT created under the smart contract, but all of them are locked in the contract (not in circulation) unless there is $MOXY bridged from the Flow chain.

1 $MOXY locked on the Flow chain will trigger the smart contract to release 1 $WMOXY to circulation.

The release and lock are enforced by the official $MOXY(FLOW)-$WMOXY(ETHEREUM) bridge.

$WMOXY can be sent back to users’ personal ERC20 address in their Moxy Club account, and it will automatically be converted to native $MOXY and ready to be used in eSports gameplay and other governance initiatives.

The MOXY Smart Contract is audited by Saulidity.

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MOXY Smart Contract Audit.pdf
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