WalkMining Governance WKG

1. Summary

Ranks

Liquidity

-

Developer

-

Social

-

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000000000 0.0%

Market Cap

$ (#30663)

Supply

/ 2.10B

Tags

ZkSync Ecosystem opBNB Ecocystem

More Metrics

Price
All Time High (ATH) Date	7th Nov 2024 (4 months ago)
All Time Low (ATL) Date	7th Nov 2024 (4 months ago)

Supply & Trading Volume
Total Supply	2.10B
Max Supply	2.10B

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Description

WalkMining Governance

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WalkMining Governance

Symbol: WKG

WalkMining Governance, denoted by the token symbol WKG, is a key component of the overall WalkMining ecosystem. As the governance token, it plays a crucial role in managing various aspects of the service. WKG has a limited total issuance and is utilized in several ways within the ecosystem.

• Usage

  • $WKG token is used for buying NFTs and designing one's own 'World' within the WalkMining ecosystem.
  • Users can earn $WKG tokens by swapping $WKM tokens at a specific ratio. The difference is automatically burned as part of the token's circulation management.

• Circulation Management

  • The SWAP mechanism involves burning tokens first and then minting new ones to maintain the balance.
  • Advertisement fees and ecosystem transaction fees are used to manage the Buy&Burn circulation of both $WKM and $WKG tokens.

• Governance Function

  • As the governance token, $WKG is involved in decision-making processes that impact the development and operation of WalkMining's bridge ecosystem.

• Interaction with $WKM Token

  • $WKM tokens can be swapped for $WKG tokens under specific conditions, which affects the token supply and balances within the ecosystem.

• Overall Role

  • The WalkMining Governance token WKG plays a central role in maintaining balance and governance within the broader WalkMining ecosystem, ensuring both tokens and NFTs are used effectively for user engagement and profit generation.

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