WaykiChain ROG Genesis Yield Farming FAQ (continuous updating)
Q1: How to join ROG Yield Farming?
A1: Hi! You need to hold WICC or WGRT in WaykiTimes. To do so, create a wallet address in WaykiTimes (you must backup your mnemonic in a safe place) and buy WICC or WGRT on WaykiTimes DEX (or other trading platforms). Go to Asset, and click the banner “Stake WICC/WGRT” to join.
WaykiTimes download link: https://waykichain.com/
Places to buy
WICC: Huobi, Bithumb, Bittrex, Gate.io, AEX, CoinTiger, Coinw, BKEX.
WGRT: OKEx, Gate.io, AEX, MXC, CoinTiger.
Q2: When does ROG subscription start?
A2: Hi! ROG Yield Farming starts at 20:00 HKT on September 25. You can see the countdown in WaykiTimes — Asset— Stake WICC/WGRT Share 50,400 ROG Daily.
Q3: What are the rules of ROG Yield Farming?
A3: Hi! ROG genesis supply is 21 million. (Note: 21 million is not the total supply because Wayki-X uses ROG in the Rewards by Inflation mechanism. These rewards release after one-year lock-up). Of the 21 million, 60% is generated through Phoenix Yield Farming and 40% is generated through Ecosystem Yield Farming. There is no pre-mining, no ICO, no reserve for the founding team.
The 12.6 million ROG for Genesis Yield Farming form the WICC and WGRT pool where:
- 10.08 million ROG of the WICC pool will be released in 300 days, 33,600 ROG daily;
- 2.52 million ROG of the WGRT pool will be released in 150 days, 16,800 ROG daily.
ROG will be distributed among the farmers as per their stake in the respective pool at 20:00 (HKT) daily.
Genesis Yield Farming will have 3 subscription rounds of 24 hours. Each round has a cap of 5 million WICC and 25 million WGRT.
Q4: There is a 300 and 150-day lockup in ROG Yield Farming with WICC and WGRT. Is ROG locked?
A4: No, the 300-day and 150-day lock-up refers to the pledged WICC and WGRT, not ROG. ROG rewards unlock immediately.
Q5: After the first 3 days of Genesis Yield Farming that starts on September 25, will ROG release be still limited?
A5: Hi! No. After the first 3 days of Genesis Yield Farming, WICC and WGRT lock-up has no upper limit.
Q6: Can I withdraw WGRT from OKEx to WaykiTimes?
A6: Yes.
Q7: When will you remove the airdropped test tokens from WaykiTimes?
A7: Hi! The test coins will be removed when Wayki-X launches officially.
Q8: Where can I trade my earned ROG?
A8: Hi! You can trade ROG on DEX in WaykiTimes and in AEX.
Q9: What is the minimal amount of WICC and WGRT to join yield farming?
A9: Hi! To earn ROG in the WICC pool, you need at least 1,000 WICC. In the WGRT pool, you need at least 10,000 WGRT.
Q10: What is ROG supply?
A10: ROG genesis supply is 21 million. 60% is generated through Phoenix Yield Farming and 40% is generated through Ecosystem Yield Farming. There is no pre-mining, no ICO, no reserve for the founding team.
Q11: Will ROG be on top exchanges?
A11: Currently, AEX(https://www.aex.com/#/) and Wayki-DEX list ROG. Please follow our official media to know when top-tier exchanges list ROG.
Q12: If I deposit 10,000 WICC, how much ROG can I get?
A12: During the first three days of ROG Genesis Yield Farming, if you pledge 10,000 WICC in the WICC pool and the whole daily quota of 5 million WICC of the pool is pledged, then you can get 33,600 ROG × 10,000 WICC / 5,000,000 WICC = 67.2 ROG. The WICC you pledged will be locked for 300 days. You can trade ROG instantly, only the WICC or WGRT you pledged are locked.
