$WAND

$WAND is the native token of the Warlocks. Without it, you can’t enjoy the Magic World. Without the $WAND a Warlock is powerless and cannot survive.

Tokenomics

Maximum supply of 22,500,000 $WAND

Staking: V1 & V2

• 75% ~ 16,875,000 $WAND

Project Development

• 12.5% ~ 2,812,500 $WAND

Community Wallet/Reserve

• 7.5% ~ 1,687,500 $WAND

Team

• 5% ~ 1,125,000 $WAND

Halving

There’ll be 3 halving periods. Each halving will occur at (X) amount of $WAND mined/reached.

At each halving period, all $WAND fees and earning will be cut in 2. Which implies that:

Using the normal staking which earns you 10 $WAND/day, at the point of first halving you start earning 5 $WAND/day after the halving. Also, using the Staking V2 fee of 150 $WAND, after the first halving, Staking V2 fee will be 75 $WAND.