During the past weeks we have received feedback from a number of people interested in our project, regarding the low liquidity of $WXM token in decentralized exchanges.
We understand that a healthy ecosystem needs a liquid token and in this direction, we are planning to take the following steps:
Starting later this week, and for 43 days, we will buy $4,000 worth of $WXM from the WXM/ETH Uniswap pool, every day.
Upon purchase, we will pair the purchased amount of $WXM with $4,000 worth of ETH and we will add it back to the WXM/ETH Uniswap pool.
The total cost of this program is 43 days * $8,000 = $344,000 which will significantly increase the Uniswap pool liquidity. For this purpose, we will use the recently received onboarding fees.
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