WRA Token Transparency Report

Wrapped-Finance
3 min readMay 18, 2021

WRA is the token of the WrapFi, and the total amount of WRA tokens is capped at 100 million, without fundraising, team reserve and pre-mining. In order to ensure transparency of WRA token and improve the level of trust in WrapFi team, we will share the transparency report which discloses the addresses holding a large amount of WRA tokens, purposes, status, and vesting schedules.

Below is the WRA Token Transparency Report:

1.WRA Contract

0xe078c0f46c866fd192bf43920453c8d11282f572

Please note that the 90% WRA token is only unlocked from the 4 months after Genesis, so 90,000,000 WRA tokens is still escrowed in this address now:0xe078c0f46c866fd192bf43920453c8d11282f572,which you could see the in the WRA Token Generation Contract code like below:

2.Address 1

0x717f46D308490cA58906ED89047de001eEF7C58D

Purpose :Genesis Fair Launch, which includes StaFi rToken StakingDrop, StaFi rToken LP1, WRA LP.

Quantity: 10,000,000

Percentage: 10%

Status: Unlocked

Vesting: No vesting

1) StaFi rToken StakingDrop

Quantity: 1,000,000

Percentage: 1%

Status: Unlocked

Vesting: No vesting

2) StaFi rToken LP1

Quantity: 6,500,000

Percentage: 6.5%

Status: Unlocked

Vesting: 4 Months

3) WRA LP

Quantity: 2,500,000

Percentage: 2.5%

Status: Unlocked

Vesting: 4 Months

3.Address 2

0x5D87db2e88aAFb381015ee3C2762B6e7c68C43F0

Purpose: Staking reserve for WRA staker, FIS staker and StaFi rToken LP2

Quantity: 15,000,000

Percentage: 15%

Status: Locked

Vesting: From 4 months after Genesis, then yearly vesting over 4 years, which respectively are 6.0%, 4.5%, 3.0%, 1.5%.

1) For WRA stakers

Quantity: 6,000,000

Percentage: 6%

Status: Locked

Vesting: From 4 months after Genesis, then yearly vesting over 4 years, which respectively are 2.4%, 1.8%, 1.2%, 0.6%.

2) For FIS staker

Quantity: 4,000,000

Percentage: 4%

Status: Locked

Vesting: From 4 months after Genesis, then yearly vesting over 4 years, which respectively are 1.6%, 1.2%, 0.8%, 0.4%.

3) For StaFi rToken LP2

Quantity: 5,000,000

Percentage: 5%

Status: Locked

Vesting: From 4 months after Genesis, then yearly vesting over 4 years, which respectively are 2.0%, 1.5%, 1%, 0.5%.

4.Address 3

0x971463abE5B9e8d556693F3f0c36D9Ea3027FdFd

Purpose: WrapFi Users

Quantity: 60,000,000

Percentage: 60%

Status: Locked

Vesting: From 4 months after Genesis, then yearly vesting over 4 years, which respectively are 24.0%, 18.0%, 12.0%, 6.0%.

5.Address 4

0x9019BEB14df5787245737F9b3e3B506fFA1595BC

Purpose: Development found

Quantity: 10,000,000

Percentage: 10%

Status: Locked

Vesting:From 4 months after Genesis, then yearly vesting over 4 years, which respectively are 4.0%, 3.0%, 2.0%, 1.0%.

6.Address 5

0x2f3da94B87e2f190F3dF9e553F7f14c7d0C3e87C

Purpose: Eco found

Quantity: 5,000,000

Percentage: 5%

Status: Locked

Vesting: From 4 months after Genesis, then yearly vesting over 4 years, which respectively are 2.0%, 1.5%, 1.0%, 0.5%.

About WrapFi

WrapFi is the first specialized DEX for Interest-Bearing Tokens(IBTs) powered by TMM algorithm. Price discovery of IBTs on the current AMMs or PMMs not works well, and there always exsits a huge gap between the trading price on DEX and the real exchange rate. WrapFi creates an innovative Tracking Market Maker (TMM) algorithm to provide the most stable price and sufficient liquidity for IBTs.

Website: https://wrapfi.io/
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Wrapped-Finance

WrapFi is the first specialized DEX for Interest-Bearing Tokens(IBTs) powered by TMM algorithm.