Let’s talk about WU tokens💰

wulet

Published: 09 Oct 2018 › Updated: 09 Oct 2018 Let’s talk about WU tokens💰

Let’s talk about WU tokens💰

The WU token is fully compatible with EOS and makes the Internal Exchange operation possible. Due to this compatibility, the WU token can be traded on external exchanges. The maximum emission of a token is equal to the emission launched on the Ethereum platform and distributed within the ICO.

In order to convert tokens to a currency other than Ethereum, you’ll need to release the tokens via an oracle. This is possible within the WU token function and the Wulet ecosystem. The exchanged amount must be equivalent to the tokens blocked in the Ethereum network.

The platform takes a commission of exactly 1% of the transaction amount (in the WU tokens). The commission is charged for both parties at either end of the transaction.

The offered tokens and the commission stay ‘frozen’ at the time of their offer placement. That means the user will not be able to use them until the offer is withdrawn as a result of the transaction, the offer is withdrawn by the user, or the offer expires.

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Let’s talk about WU tokens💰