WomoPrice

(WM)

Womo utilizes a deflationary rebase mechanism that reduces the total supply of $WM every 15 minutes. Because your wallet balance represents a specific percentage of the total supply, the number of tokens you hold decreases as the protocol moves from an initial 1 billion toward a final target of 1 million tokens. The goal of this supply compression is to make each remaining token proportionately more valuable as the total supply becomes increasingly scarce.

No, Womo ($WM) is not related to World Mobile ($WMT). While the ticker symbols are similar, World Mobile is a telecom-focused project on different networks. Womo is a DeFi protocol centered on game-theory and supply compression built specifically on the Sonic network. Investors are encouraged to verify the contract address and network before trading to ensure they are interacting with the correct protocol.

Yes, security is a major focus for the protocol, especially given its balance-modifying mechanics. Womo’s official documentation confirms a completed security audit by QuillAudits. This audit is intended to ensure the protocol functions as intended without backdoors, providing transparency regarding the team's ability to manage the treasury or token minting processes.

In the Womo protocol, simple holding is often viewed as a dilutive strategy because passive holders do not receive the reward emissions used to offset supply shrinkage. To maintain or increase their share of the total supply, many participants choose to engage in Bonding—purchasing tokens at a discount through a vesting period—or staking Liquidity Provider (LP) tokens to earn active rewards.

Wrapped Womo ($wWM) is a version of the token designed for users who prefer a static balance. While the quantity of $WM in a wallet decreases due to rebases, the amount of $wWM remains constant. Instead of the balance changing, the value of the rebases is reflected in the token's internal value; each $wWM represents a progressively larger amount of the underlying $WM as the supply compresses.

Users can trade $WM on the LBank exchange and other supported platforms native to the Sonic network. To interact with the protocol and manage assets, it is recommended to use Web3 wallets such as MetaMask or Rabby. Users must ensure their wallets are configured for the Sonic network and should use official bridges to move funds onto the chain.