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OZONE METAVERSE
WELL
BitWell is committed to creating a safe, fair and transparent global digital asset platform, providing markets for Bitcoin, Ethereum, USDT and other mainstream digital assets. To trade spot, options, perpetual contracts, or stake coins, just come to BitWell.
What is the WELL?
WELL is BitWell’s platform token that provides drivers for the entire platform ecosystem and serves as a measurement standard for the participants and contributions of all parties in the ecosystem. WELL is based on Ethereum’s decentralized crypto ERC20 Token and has been connected to the Binance Smartchain BSC (BEP20).
WELL issuance and price
WELL was formally launched on 3 September 2020 Singapore time, but has not yet entered into on-chain circulation.The initial price of WELL was 0.01 USDT and as of 20 November 2020, the price of WELL has risen to 0.16 USDT after several rounds of auctions. the price of WELL will fluctuate in line with market demand and market price fluctuations.
Uses and benefits of WELL
WELL is the representative of BitWell community rights, including:
- Platform trading fee discounts
- Offsetting options fees
- Right of first refusal for products
- Additional rebates
- Community voting rights
- Community governance rights
- Voting rights for major platform decisions
- Right to be selected as a Community Founding Partner
- Customize Well-Man peripherals
- BitWell Private Meeting (exclusive to old users of Genesis Era)
- Exclusive content cooperation (exclusive to old users of Genesis Era)
- BitWell Executive Dialogue (exclusive to old users of Genesis Era)
- Dedicated customer service, VIP level +1 privilege (exclusive to Dawn Era users)
As such, BitWell will do its utmost to ensure that the price of the WELL is reasonable and stable, to continually increase its intrinsic value, to maintain the health of the BitWell ecosystem, to extend its reach and to provide additional points of connection to value for all participants.
How to obtain WELL
WELL was launched at the same time that BitWell platform yield farming started on September 3, 2020 Singapore time. Users can obtain WELL by participating in yield farming. As of the end of yield farming on November 5, users have mined a total of 6.3 million WELLs. In addition, users can receive WELL by participating in the BitWell platform ‘Free WELL with limited Privilege Card Subscription’ program. After WELL officially enters circulation on the blockchain, it will be directly available for purchase on the BitWell platform.