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The whole idea of WagmiDAO is inspired by some of the best known modern DeFi protocols — Olympus DAO, Frax and the AMM DEX model.

The WagmiDAO combines the already established Liquidity Mining, with Bonds and builds an AMM DEX on top with the partly collateralized stablecoin $FAM being the cornerstone of the Treasury earning yield through external protocols and thus raising the floor price for the $GMI token through externally realized revenue.

WagmiDAO is being launched first on the Harmony Network, with more chains in development.

It is fully committed to a fair-launch, meaning there are neither any seed rounds, private funding, nor any VCs

Users are incentivized to provide funds for the Liquidity Pools and to purchase Bonds on WagmiDAO in order to earn the native token - $GMI.

WagmiDAO is capable of supporting the $GMI tokens’ floor price. All value accrued by the WagmiDAO Treasury is focussed on growing the $GMI tokens’ floor price, and thus increasing the value of the whole ecosystem.