Question 1

What is WRT?

Accepted Answer

WRT is WingRiders' native governance and utility token on Cardano, with a total supply of 100 million tokens. It is not the gas token of another independent blockchain; rather, it is an asset used for governance and incentive functions related to WingRiders' decentralized trading and liquidity products. When verifying an asset in a Cardano wallet or application, its name and ticker alone are not enough to uniquely identify it. The officially listed asset fingerprint is asset18v68f0vgv2nc3at8cuuem7f3fztwqcq2usgjyp, and the policy ID is c0ee29a85b13209423b10447d3c2e6a50641a15c57770e27cb9d5073. They are used to distinguish assets with the same name or counterfeit assets.

Question 2

What governance matters can WRT holders participate in?

Accepted Answer

WRT holders can vote on protocol matters through the WingRiders DAO. Official documentation lists areas including the treasury, fees, fund allocation, and product design, so governance allows holders to participate in how these rules and resources are adjusted, rather than automatically making the token represent company equity or fixed income. Voting affects protocol-level decisions, but whether a proposal proceeds to a vote, the voting rules, and final implementation depend on the procedures applicable to the DAO at that time. Between holding WRT and a decision actually taking effect, there are still steps such as proposal submission, voting, and execution.

Question 3

How does the Boosting Vault affect liquidity farming rewards?

Accepted Answer

The Boosting Vault is a deposit mechanism established by WingRiders for WRT: after users deposit WRT into the Vault, they can increase the rewards they may receive from farms offering boosted rewards. The boost applies to farm rewards and does not mean that WRT itself generates a fixed return. Therefore, reward outcomes depend both on whether the user deposits WRT into the Vault and on whether the farm in which they participate offers the boosted reward. If a user does not participate in the relevant farm, depositing or holding WRT alone should not be understood as already earning that farm's rewards.

Question 4

How should WRT's supply be understood?

Accepted Answer

WRT has a total supply of 100 million tokens. Total supply describes the asset's issuance-cap measure; it is not the same as the amount freely tradable in circulation at a given point in time. Circulating supply is also affected by factors such as whether tokens have been allocated, locked, or deposited into specific mechanisms. Available official materials are sufficient to confirm the total supply, but they cannot be used to calculate the current circulating supply, the number of tokens remaining to be unlocked, or the holder distribution. When comparing supply figures, first confirm whether the figures being compared are total supply or circulating supply.

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