Every trade feeds the machine.
The machine feeds holders.
$FWAres taxes its own volume and spends it pulling the Fake World Assets gacha, settling every pull as $FWA into a shared treasury. Your cut is airdropped at randomized intervals as wFWA. Real $FWA redeemed at unlock.
No fixed clock. Once the treasury holds enough $FWA, an airdrop fires and wFWA lands straight in holder wallets.
Tax in. $FWA out. Yours, randomized.
Four steps, running on their own. Volume is the fuel: the more $FWAres trades, the more the machine gets fed.
The tax collects
Every buy and sell of $FWAres routes its fee straight into the reserve. No team allocation doing the buying, no lockups. The fee is the fuel.
The reserve pulls
Treasury ETH pays the FWA acquisition price. Chainlink VRF deals a random NFT position from the pool, each one backed by real escrowed ETH.
Every pull becomes $FWA
We take the depositor's standing bid settled as $FWA, never the JPEG. Every pull goes straight to the vault.
Holders own the vault
All $FWA lands in the treasury above, visible onchain at all times. Your share is airdropped to you as wFWA at randomized intervals.
Why not just buy $FWA? You can't yet. External buys are gated until unlock, and the gacha is the only way in. It also pays emissions on top. The reserve walks through that door on every pull, for every holder at once.
Airdropped randomly. Redeemed at unlock.
Two different actions, two different pages. One runs from launch, the other opens at unlock of $FWA. Here is exactly what each one does.
wFWA airdrop
At randomized intervals, a snapshot records every $FWAres holder's share of the treasury, and wFWA is airdropped straight to holder wallets. Nothing to claim, nothing to sign. Hold $FWAres, receive wFWA.
Issuance is pegged to the vault: each airdrop mints exactly as much wFWA as the $FWA the treasury gained since the last one, keeping every coupon backed 1:1.
Redeem for $FWA
When the $FWA transfer gate opens, the redemption page goes live here. Redeem wFWA for your share of the treasury in $FWA.
Launch to unlock
One coupon, one $FWA
wFWA is not a second version of $FWAres. It's a coupon, 1:1 to $FWA: every wFWA you hold redeems for one $FWA from the vault. It is airdropped to you at randomized intervals for holding $FWAres. You spend it once, at redemption, to redeem real $FWA.
OTC market coming soonEverything on the record
The parameters the reserve runs on. If it isn't listed here, it doesn't exist.