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Websea, a digital asset trading platform, has launched its platform token WBS and opened the WBS/USDT spot trading pair.

2023.10.09 - 00:49
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According to official announcements, Websea's exchange token WBS was launched today, with the WBS/USDT spot trading pair now open. As the core of the Websea ecosystem, WBS has a total supply of 10 billion tokens, of which 60% will be distributed to the community through registration rewards, incentive programs, trading dividends, and other mechanisms.

Detailed distribution ratios and unlocking rules:

Community: 60% (exchange token airdrop 1%, platform events 4%, registration incentives 30%, trading incentives 25%);

Ecosystem development: 10%, locked for the first year, then released at 1.25% every 180 days starting in the second year;

Foundation: 12%, locked for the first year, then released at 1% every 180 days starting in the second year;

Strategic investment: 6%, released at 1.5% every 180 days;

Liquidity management: 2%, for Dex liquidity management;

Team: 10%, released at 1.25% every 180 days;

Websea launched at the end of August this year and is a Web3.0 digital asset trading platform designed specifically for young people worldwide. It features innovative services such as a dual-account security system and smart copy-trading.

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