WXDAO WXG tokens FAQ What are WXG tokens? WXG tokens are de-pegged wrapped stable coin tokens on the Waves chain. They have lost their $1 peg, and the buyback process, funded by WX trading fees, is intended to restore their value to $1 and make their holders whole. Once the price peg is restored, WX DAO holders will have the opportunity to sell their WXG tokens and profit from it. Why are they added to the WX DAO treasury? WXG tokens are included in the WX DAO treasury to allow participants in the WX DAO ecosystem to benefit from WX trading fees. The primary purpose of this inclusion is to facilitate the restoration of the $1 peg of WXG tokens by using the fees collected from trading activities, which, when successful, will enable WX DAO holders to sell WXG tokens and profit from the restored peg. How are they added to the DAO treasury? The WXG tokens are continuously repurchased using WX trading fees, and the acquired WXG tokens are contributed to the WXG DAO treasury on a weekly basis. This process is essential to support the goal of re-establishing the $1 peg of WXG tokens, which will ultimately allow WX DAO holders to sell their tokens and realize profits. If WXG tokens are sent to the treasury every week, does it impact DAO governance and rewards? The WX DAO treasury is designed to create an almost automatic mechanism for increasing its value, especially during its initial six months of operation. In regular DAO operations, participants can expect to receive 20% of the profit generated from the growth of the treasury. This mechanism helps incentivize participation and rewards within the WX DAO ecosystem, all while working toward the goal of restoring the $1 peg of WXG tokens and enabling holders to profit from the peg's restoration. https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn The best way to join the WX DAO is to join it now!