Question 1

What is WPAY?

Accepted Answer

WPAY is Wirex Pay's ERC-20 token, with a fixed total supply of 10 billion tokens. It should be understood separately from Wirex Pay's payment-product functions: tokenomics arrangements describe WPAY's allocation and release, while payment documentation describes how smart-contract wallets are used for payments and transfers. Therefore, being able to use Wirex Pay card, bank-transfer, or on-chain withdrawal functions does not automatically mean WPAY must be held; likewise, holding WPAY does not mean owning funds in a payment account or rights to services.

Question 2

What is WPAY's total supply?

Accepted Answer

WPAY has a fixed total supply of 10 billion tokens. Fixed total supply describes the maximum total-supply measure; it does not mean all tokens are tradable at any given time. The amount actually available or circulating is also affected by each allocation category's TGE unlock percentage, cliff period, and subsequent vesting period. For example, the team, treasury, and node rewards each have their own lock-up or linear-vesting arrangements.

Question 3

Which categories receive WPAY allocations?

Accepted Answer

The official WPAY allocation categories include Series A, team, early adopters, esWPAY rewards, liquidity, treasury, and node rewards. Each category serves different recipients and purposes. For example, Series A is for private token investors; early adopters are for airdrops to initial users promoting Wirex Pay; liquidity is used for listings and market-making; the treasury is allocated to the Wirex Pay DAO to maintain and develop the network; and node rewards are allocated to node owners. The purposes of categories do not mean these tokens will enter the market simultaneously or immediately.

Question 4

How do Series A and team WPAY unlock?

Accepted Answer

According to the official table, Series A accounts for 3.5%, with 0% unlocked at TGE, a 6-month lock-up period, and then 9 months of vesting; the team accounts for 25%, with 0% unlocked at TGE, a 12-month lock-up period, and then 36 months of vesting. A lock-up period means the category is not released under the subsequent vesting arrangement during the specified period; a vesting period means gradual release according to schedule after the lock-up ends. They reflect the timetable for allocation categories, rather than predictions that investors or the team will necessarily sell on a particular day.

Question 5

How do early-adopter and liquidity WPAY unlock?

Accepted Answer

The early-adopter allocation accounts for 5%, with 50% unlocked at TGE and the remainder vesting over 5 months; the liquidity allocation accounts for 4%, with 30% unlocked at TGE and then vesting over 24 months. They serve different recipients: early adopters are incentives for initial-user airdrops, while liquidity is for listings and market-making activities. Therefore, although both may have a portion unlocked at TGE, they should not be treated as the same type of supply source or the same market behavior.

Question 6

How is the esWPAY reward pool released?

Accepted Answer

The esWPAY rewards allocation accounts for 12.86%, with 1.24% unlocked at TGE and then vesting over 60 months; this category is officially defined as rewards for stakers. This shows that token releases from the reward pool have a long-term schedule, but it does not constitute a fixed-return promise. How much an individual can receive depends on actual eligibility, staking rules, reward calculations, and distributable status at the time; personal returns cannot be calculated solely from this allocation percentage.

Question 7

How are treasury and node-reward WPAY released?

Accepted Answer

The treasury allocation accounts for 29.64%, with 5% unlocked at TGE, an 8-month lock-up period, and then 60 months of vesting; node rewards account for 20%, with 0% unlocked at TGE, a 2-month lock-up period, and then 60 months of vesting. The treasury is described as allocated to the Wirex Pay DAO to maintain and develop the network, while node rewards are for node owners. The two categories differ in purpose, lock-up period, and initial unlock percentage, so potential available supply should be analyzed by category rather than by total amount alone.

Question 8

What is the governance arrangement for the Wirex Pay DAO?

Accepted Answer

The official DAO page describes the Wirex Pay DAO as a governance arrangement to be established after TGE: token holders can submit and vote on proposals, with related activities recorded on the blockchain. The page also states that staking duration affects rewards and voting rights. Because this material uses wording indicating establishment after TGE, this design should not be directly written as an on-chain governance fact already fully operating at the current time; actual status must be verified through the current official governance entry point and on-chain records.

Question 9

How does the Wirex Pay AA wallet work?

Accepted Answer

Wirex Pay uses an account-abstraction (AA) wallet as the user's on-chain fund-control center. The user first creates an embedded wallet, then deploys an AA wallet and installs the required modules. This wallet is not a simple replacement for an ordinary static address: modular rules allow it to support card payments, bank transfers, and on-chain withdrawals, while assets remain under the user's control until a purchase charge occurs.

Question 10

What are the respective functions of execution delay and the restricted charge module?

Accepted Answer

Wirex Pay's execution-delay policy places a time lock on user-initiated fund withdrawals; the Funds Management Executor has limited authority and can execute only authorized card transactions and withdrawal charges on the user's behalf. The two address different issues: execution delay sets a waiting stage for on-chain withdrawals to reduce conflict or fraud risk; the restricted executor allows card payments to secure funds immediately without users manually signing each transaction at checkout. The platform does not obtain unrestricted control over funds.

Question 11

How do funds flow when using a Wirex Pay card for payment?

Accepted Answer

For a card payment, the merchant request is first routed through the card network to Wirex Pay; the platform verifies the cardholder, risk status, and available balance in the AA wallet. Once verification passes, the executor transfers the exact purchase amount from the AA wallet to Wirex Pay's main account, then returns the authorization result. The user's balance is updated at the time of purchase; the backend subsequently enters the ordinary card-network settlement cycle, settling funds from the main account to the merchant acquirer. Immediate authorization and subsequent settlement through the traditional card network are two different stages.

Question 12

How can Wirex Pay's unified balance be funded and used?

Accepted Answer

Wirex Pay treats the AA wallet balance as a unified pool of funds: external crypto assets can be transferred in directly; bank transfers can enter the AA balance through virtual accounts and fiat on-ramp conversion; and the balance can be used for card payments, bank withdrawals, or direct on-chain withdrawals. The completion conditions differ by exit method. Card payments are charged immediately once verification passes; direct on-chain withdrawals must wait for the execution-delay time lock to expire; and bank withdrawals involve converting crypto assets into fiat currency and initiating the relevant regional bank transfer. A unified balance does not mean all methods have the same arrival time or fees.

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