Inspired by
XENBlocks
Wenblocks is a community-driven project inspired by Xenblocks that lets miners claim mirrored tokens (WNM, WUNI, W.BLK) of their mined XNM, XUNI, and X.BLK.
HOW IT
WORKS
How it works
WENBlocks rewards miners with WNM, WUNI, and W.BLK tokens based on their XNM, XUNI, and X.BLK holdings. Users can stake WNM to earn rewards in WNT and other tokens, while unclaimed airdrops incur penalties.
The protocol encourages long-term engagement through staking and liquidity provision.
WENIUM
WENBlocks allows users to stake WNM tokens, earning rewards in WNT, WNM, WUNI, and W.BLK based on the duration and amount staked, with longer stakes yielding higher rewards.
LP Program
The WENBlocks liquidity program allows users to claim unclaimed airdrop tokens by providing liquidity in the form of ETH or XEN. When unclaimed airdrops incur a penalty, 50% of the penalty is allocated to the liquidity program, and users can claim these tokens by providing equivalent value in ETH or XEN. This allows users to participate in the liquidity pool and earn LP tokens, which are locked for 300 days with a 10% unlocking every 30 days, incentivizing long-term engagement.
Staking
WENBlocks distributes weekly airdrops of WNM, WUNI, and WBLK tokens based on users` XENBlocks holdings. These airdrops encourage participation, and users can stake their WNM tokens to earn additional rewards, including WNT, WNM, WUNI, and W.BLK. The staking system rewards users based on the amount and duration of their stake, with longer staking periods providing higher rewards. Unclaimed airdrops incur a penalty, but users can claim their rewards anytime, with no penalty after the staking period matures.
WENIUM
(WNM)
WNT is the reward token for staking WNM. Stakers also receive WUNI, WNM and W.BLK as additional rewards.
