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The leading DEX on Solana is set to issue a coin: HumidiFi's $WET Token will go live on December 5.
[Coin World] The active player in the Solana ecosystem, HumidiFi, is set to issue coin. On December 5th, this decentralized liquidity platform with a daily volume exceeding $1 billion will launch its native Token $WET through Jupiter's new issuance tool DTF, with a total supply of 1 billion.
How is the pre-sale divided? The whitelist gets 6%, mainly for early users and contributors of the platform; Jupiter's staking users can get 2%; the remaining 2% is open for everyone to grab.
$WET is not a scam coin. Staking it can reduce transaction fees, and there are rebate incentives for trading. Data speaks: HumidiFi now accounts for over 35% of Solana's spot trading volume, and this scale deserves the issuance of its own governance Token.
If you want to participate, keep an eye on the DTF section of the Jupiter platform on December 5th. This decentralized issuance method is at least fairer than centralized snatching.