wA7A5

wA7A5 is the wrapped version of A7A5.

Since A7A5 is a rebasing token, it automatically distributes 50% of the income generated from bank deposits to token holders without requiring any action (e.g., staking or claiming rewards). Rebasing tokens are incompatible with DeFi platforms like decentralized exchanges (DEXs) because their supply constantly changes, disrupting liquidity pools.

That is why we need to wrap A7A5 (token with a rebasing mechanism) into wA7A5 - token without a rebasing mechanism that is compatible with DeFi platforms.

Why A7A5 ≠ wA7A5?

wA7A5 is slightly more valuable than A7A5 because it accumulates daily income within the wrapper smart contract.

Here’s how it works:

• When you wrap 100 A7A5 into 100 wA7A5, the A7A5 tokens are sent to the wrapper contract.

• As income is distributed to all A7A5 holders, including the wrapper contract, the balance of A7A5 in the wrapper increases.

• This means that when you unwrap your wA7A5 back into A7A5, you will receive your original tokens along with the accumulated income.

In short, wrapping your tokens does not stop you from earning; your income is just stored in the wrapper contract and returned upon unwrapping.

How can I get A7A5 and wA7A5?

To purchase A7A5 tokens on our website - visit "Trade and Earn" page. You can also purchase it on other DEXs, CEXs and other platforms. Please, note that on other DEXs you may get wA7A5 instead of A7A5. Price of wA7A5 and A7A5 is almost the same. To unwrap wA7A5 to A7A5 just visit "Manage A7A5" page of the website and take simple steps there. You can get wA7A5 on the DEXs or by wrapping A7A5 into wA7A5 on the "Manage A7A5" page of the website.

Find more details about wA7A5 in FAQ.