Wise Token (WISE) Price

A new staking cryptocurrency called Wise Token rewards users who keep their crypto locked for extended periods with interest. A high-interest staking cryptocurrency, Wise is an ERC-20 Smart Contract, and it resembles a CD or bond from a bank in the real world. The critical distinction is that Wise was created to pay trustless interest and enables customers to withdraw their money without incurring penalties.

The Wise contract also enables users to earn interest on stakes and flexible time deposits of Wise tokens most comparable to bonds. Similar to a bond, a stake likewise accrues interest. However, it also has the additional benefit of permitting interest withdrawals throughout the stake's life, while bonds do not. These interest-bearing stakes, which resemble bonds, are always entirely in the user's wallet and cannot be retained, influenced, or taken away by any other entity.

Wise Token Features and Updates

The Wise platform has a price floor in ETH and is supported by the Ethereum blockchain. It aims to encourage financial independence by offering an alternative to conventional financial products. It lowers the volatility of Wise by offering a large proportion of staked tokens, whereby the token owners get 100% of ecosystem earnings.

Wise is an approach to staking tokens that is simple to use (ETH). The Defi project was still in its early stages, and no tokens were set aside for developers. A permanent smart contract and a thorough audit by Coinfabrik provide total security. There's an opportunity to refer people and get bonuses through the Liquidity Transformer Epoch, or LT, referral bonus scheme.

Wise Token Team

In February 2020, the Wise token established a nonprofit foundation. The CEO, Peter Girr, and the team contributed to the WISE contract's mainnet launch on October 8, 2020. Aaron Hanson's Wise whitepaper was later published on November 30, 2020.