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weiWard Platform Tokens
ETHtx + ETHmx
The weiWard platform utilizes a two-token model.
- ETHtx - ERC-20; tokenized ETH gas; the use token on the weiWard platform
- ETHtx is defined to be equivalent to 21,000 ETH gas units and is price-weighted based on 1-day moving median ETH gas prices on the Ethereum main net. ETHtx holdings decay at a rate of 1% once every four-hours.
- ETHmx - ERC-20; ETHtx Minter tokens; entitle all ETHmx holders to collectively receive 1.5% of all network fees collected on the weiWard platform.