4. Common Currency of the Platform
Last updated
Last updated
The individual WWR Coin project is one of the projects within the whole WWR ecosystem. One significant feature of WWR Coin is that each coin or point of the entire ecosystem can flow into other projects through swaps with WWR Coin.
In a general sense, “swap” typically refers to trading pairs on DEX. However, in the WWR ecosystem, coins of all projects are exchanged based on WWR Coin through the self-contained algorithm. In particular, in the case of HAN Coin, shown in the image below, it is a stablecoin that encompasses the entire ecosystem but is designed to be exclusively exchangeable with WWR Coin. It signifies the role of WWR Coin within the whole ecosystem and serves as the underlying infrastructure for all coins, including HAN Coin.
As depicted in the image above, WWR Coin forms an exchange algorithm with all coins within the ecosystem. This exchange algorithm operates because the value of individual project coins and the WWR Coin value work as a pair. Each coin has its own worth in its platform; thus, its values vary. At this time, WWR is exchanged with individual coins at different values through the exchange algorithm or exchange system. Coin holders will ultimately be able to exchange their coins for HAN Coin, a stablecoin. Because stablecoin is a coin that maintains a relatively stable value, as the term implies, thus, it is often pegged to a benchmark such as legal currency or minerals such as gold. HAN Coin, paired with WWR Coin, will set a comparable standard where users can feel safe and provide swap services to coin holders who desire stability and reassurance.