FAQ

You'll find the answers to most of your questions here! If something is not yet answered, reach out to us on our Discord.

What is WNDO?

WNDO.io is a Reward platform protocol built on Solana. Users like "you" make normal everyday purchases and get rewarded in WNDO. We also a built in non-custodial wallet along with the ability to Send, Receive, Swap, add Liquidity, and Stake your WNDO crypto.

Is WNDO custodial?

Nope, WNDO is a non-custodial protocol and platform. This means that your WNDO or other tokens are in your possession and always accessible!

WNDO is also permisionless, meaning that bot(s), programs, or smart contracts can be interacted with, even in the absence of our team here at WNDO.

What is a Swap?

WNDO has a built in Swap that allows you to swap your WNDO, SOL, or USDC based on our Liquidity Pools. Example lets say you want to exchange or "swap" your WNDO for USDC. Maybe you want to make a payment in USDC to a shop or brick and mortar store. You can simply go to our swap and select the amount of WNDO to swap for a particular amount of USDC. It's that simple! Once the swap is completed you will now have the USDC in your WNDO wallet and you can easily send the USDC.

What is a Liquidity Pool?

WNDO has setup a Liquidity Pool to power our swap. In its simplest terms the pool holds both WNDO and say USDC in equal portions. This allows users to swap between WNDO and USDC like in the example above. Or lets say you want to swap USDC for more WNDO! You can do that as well!

How do I add to the Liquidity Pool?

WNDO has a built in function to allow you to add to our Liquidity Pools. You will need an equal amount of both WNDO and USDC. Say $5 in WNDO and $5 in USDC. You add that to the Liquidity Pool and we send you a WNDO LP token "as a receipt" and proof of ownership of a percent of the pool. NOW you can gain rewards based on the transactions that happen in the swap!!! How awesome it that! It gets even better if you stake the WNDO-LP token. Read more below on staking.

How do i add my WNDO-LP token to Stake?

Staking your LP token is just as easy. What is staking? Well in a nutshell it is like a savings account. Because you have added liquidity to our swap and now have an LP token we want to reward you further by staking that LP token to gain even more WNDO tokens.

To stake your LP token you got to the stake section on the app or webapp and hit stake. We have built this in for you. It will ask you how much you would like to stake of the WNDO-LP tokens you have or the max amount. Once you confirm you are done! The rewards in WNDO are paid out once you un-stake the WNDO-LP token.

Once you un-stake the WNDO-LP token what happens? The LP token plus your WNDO rewards are added to your wallet. Then you can do a few things. You can go add more liquidity to the pool with your new WNDO tokens you earned, and get more LP tokens to stake again. Or you can use them for anything your 💜 desires!

Where are my WNDO tokens when in a Pool?

When you add liquidity to a pool they are in the pool to be used by other users to swap between WNDO, SOL, and USDC. You can always remove liquidity from a pool at anytime by simply request your original WNDO and USDC back in exchange for the LP token. "again the LP token you have is like a receipt"

Where is my WNDO-LP when Staked?

When you add your WNDO-LP to our staking it is in a vault account this allows you to earn more WNDO in return. You can always remove or un-stake at anytime! When you un-stake you will receive back your LP token and your WNDO rewards tokens.

Was there any sale or ICO for WNDO?

No. We bootstrapped and self-funded with the help from our ecosystem and grants. We are not taking private or VC funding or doing any private sales.

Does WNDO vouch for the security of other protocols using WNDO-LP?

No, WNDO does not vouch for any other protocols. WNDO is permissionless token that can be integrated anywhere and by anyone. If a project offers the possibility to use WNDO-LP, this does not mean that the project is safe or audited by the WNDO team at all.

We encourage you to always do your due diligence on the projects you move crypto into. If you have any doubts or questions, we will gladly discuss them with you on our Discord.