Latest WiCrypt News

Asset Chain has officially launched the USDT/WNT trading pair, marking a significant milestone for the first public layer-1 EVM chain from Africa, co-developed by the Wicrypt team. This new trading pair aims to enhance liquidity depth for WNT and increase the Total Value Locked (TVL) on Asset Chain. The decentralized exchange (DEX) operates as an automated market maker (AMM), similar to Uniswap V3, and is currently running a Liquidity Mining Campaign designed to incentivize liquidity providers and traders. Participants can earn points based on their trading activities, which will contribute to airdrops of the blockchain’s native token after the Token Generation Event (TGE). The more transactions users complete, the more points they accumulate, ultimately increasing their airdrop potential. To further engage the community, Asset Chain is launching a special Boost Campaign for the Liquidity Mining Program, specifically targeting the USDT/WNT pair. This campaign, commencing on August 27th, will offer enhanced rewards for liquidity provision, allowing participants to earn up to 200% Annual Percentage Rate (APR) on locked liquidity positions. Additionally, non-custodial wallets holding over 50,000 WNT will receive double points for liquidity provision transactions from September 9th to October 9th. This initiative is designed to maximize returns for liquidity providers and encourage more users to participate in the ecosystem. In conjunction with the liquidity provision campaign, a 30-day trading campaign will also begin on August 27th, providing users with double points for trading activities on the USDT/WNT pair. A reward pool of $3,000 USDT and $2,000 worth of WNT will be distributed among the top 10 traders based on their trading volumes during the campaign. To qualify, traders must maintain a minimum weekly trading volume of $50,000, totaling at least $200,000 over the 30 days. This dual approach aims to boost trading activity and liquidity on the Asset Chain DEX, driving the WNT token to new heights.

The Wicrypt Network has announced a significant update regarding its native token, the Wicrypt Network Token ($WNT), as part of its ongoing mission to decentralize internet access. Effective August 15, 2025, the liquidity pool for $WNT on Uniswap will be closed, and all liquidity will be consolidated exclusively on Asset Chain, Wicrypt's co-built Layer-1 blockchain. This strategic move aims to enhance the trading experience for $WNT holders by reducing fragmentation, improving price stability, and minimizing slippage during trades. Centralized exchanges such as Bitmart and MEXC will also transition to supporting only $WNT on Asset Chain, ensuring consistency across trading platforms. The decision to consolidate liquidity on Asset Chain is driven by the desire to create a more efficient ecosystem. By utilizing Asset Chain's native DEX, Wicrypt aims to lower transaction fees and facilitate seamless integration with its decentralized internet-sharing protocol. Users currently providing liquidity on Uniswap or holding $WNT on other chains like Polygon or Arbitrum are encouraged to withdraw their assets and bridge them to Asset Chain before the deadline. This transition is designed to maximize value for the community and streamline the $WNT ecosystem. Key dates for this transition include the announcement of the Uniswap pool closure on August 8, 2025, followed by the official deprecation of the liquidity pool on August 15, 2025. Wicrypt is committed to supporting its users throughout this process, offering assistance via its official Telegram community. The consolidation of liquidity on Asset Chain reflects Wicrypt's dedication to building a scalable and user-friendly ecosystem for $WNT holders, ultimately aiming to revolutionize decentralized internet access for all users in the community.

IoTeX has introduced a novel approach in decentralized physical infrastructure networks (DePins) called the Modular DePin Infrastructure, which aims to redefine the creation and functionality of Web3 technologies. This innovation is more efficient and cost-effective compared to traditional infrastructures. The Modular DePin Infrastructure addresses the challenges faced by DePin startups, such as limited funding and technical difficulties, by offering a flexible and community-driven framework. The infrastructure's modular design allows for the assembly of customized applications through various modules, such as hardware abstraction, connectivity, sequencer, data availability, long-term storage, off-chain computing, blockchain, identity, and governance. Developers can select and combine these modules based on their project's specific needs, providing unparalleled adaptability. The modular system's flexibility supports the development of a wide range of DePin applications, including sensor networks, connectivity networks, and computing networks. Significant DePin projects like DIMO, Hivemapper (HONEY), WeatherXM, Helium, Nodle (NODL), Wicrypt (WNT), Render Network (RNDR), and Akash Network (AKT) exemplify the successful application of this modular infrastructure. The connectivity module explores wireless communication techniques to enhance connections within Web3 networks, incorporating technologies like Bluetooth, LoRaWAN, WiFi, and 5G. The sequencer and data availability modules have been adapted from existing solutions to better suit DePin applications, while long-term storage solutions like Filecoin (FIL) and Arweave (AR) meet these applications' storage needs. Blockchain platforms such as Ethereum (ETH), IoTeX, and Solana (SOL) provide essential infrastructure for development.