# WISE Token

## WISE TGE History:

WISE was launched in Nov-Dec 2020 using a fair and open [auction event that raised 57,900 ETH](https://legacy.wisetoken.net/reservations) in token sales. 55,900 of this ETH was used to create a massive WISE/ETH trading pair on Uniswap, which was then [locked by burning the LP ownership tokens](https://etherscan.io/token/0x21b8065d10f73ee2e260e5b47d3344d3ced7596e?a=0x0000000000000000000000000000000000000000#tokenAnalytics). This established a price floor in ETH, and created a deep and permanent liquidity pool for buying or selling WISE.&#x20;

Traditional tokens create massive inflation that funds airdrops and/or pads APY on DeFi platforms to attract users and grow TVL. This has been a wildly successful way to bootstrap new users in the short term, but it always comes at great future economic cost. **WISE does not have whale wallets or hyper-inflation, and we're happy to build growth slowly and organically**.&#x20;

## WISE is the Reserve token of our Ecosystem:&#x20;

* **Highly Liquid -** WISE needed deep liquidity in order to be attractive to hold vs ETH, so that price slippage is not a factor. [Check the WISE liquidity](https://app.uniswap.org/explore/pools/ethereum/0x21b8065d10f73EE2e260e5B47D3344d3Ced7596E).
* **Decentralized/Well-distributed -** Most tokens have large team treasuries and insider allocations, but WISE's 100% fair launch created a fully diluted and well dispersed supply. [No one owns more than 5% of the WISE supply](https://etherscan.io/token/0x66a0f676479Cee1d7373f3DC2e2952778BfF5bd6#balances).
* **Correlated with the price of ETH** - WISE is naturally correlated with the price of ETH because of our large [WISE/ETH liquidity pair on Uniswap](https://app.uniswap.org/explore/pools).&#x20;
* **Appreciating vs ETH** - Being correlated with ETH provides a strong baseline value in ETH, but the possibility to appreciate vs. ETH comes from the revenue on Wise Lending, which is used to buy-and-burn WISE off Uniswap.

<figure><img src="https://682390371-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCGOqkoMdDdslYTrv5Ltr%2Fuploads%2FM8PsV3rQ5SdwZDBmHX0b%2FWISE.png?alt=media&#x26;token=90dc1291-fabd-4bd4-81c8-8eba16eefd74" alt=""><figcaption><p>WISE and ETH</p></figcaption></figure>

As revenue on Wise Lending increases, and fuels the buy-and-burn of WISE, we expect other projects to recognize the value of changing their liquidity pairings with ETH to WISE pairs, creating instant jumps in the value of WISE each time. Any project that pairs their token with WISE instead of ETH will naturally benefit from the steady growth of WISE vs. ETH.

## Yes, we Really Have the Biggest LP in DeFi!

<figure><img src="https://682390371-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCGOqkoMdDdslYTrv5Ltr%2Fuploads%2FCGSghRQKjYA8E45E1uvE%2FScreenshot%202026-01-29%20at%209.30.38%E2%80%AFAM.jpg?alt=media&#x26;token=92d47868-4378-4d1c-bc34-a4c830490e8a" alt=""><figcaption></figcaption></figure>

## The Vision for WISE in the words of our Founder:

*"First we gathered a massive amount of Ether from the community and merged it with WISE token in an ownerless Uniswap liquidity pool. Pairing our token with an un-ruggable pool of ETH ensured that, at the very least, WISE price is supported by the ETH value in our pool. Then, we got to work on our revenue-earning crypto apps that are designed to consistently buy-and-burn WISE.*\
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*Many projects will want to pair their token with WISE instead of ETH, to piggy-back off our revenue streams. This is the catalyst that will make WISE go exponential.*\
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*By launching this way, we created a huge moat around WISE as a true reserve token. There is no point in raising $41 Million dollars and throwing away the LP keys like we did more than one time. However, there is certainly a ton of value to be gained by simply pairing your token with WISE for liquidity, if WISE is consistently appreciating versus ETH from our buybacks. If the pool is big enough to disregard slippage, and if whale wallets don't exist to dump on you, then who wouldn't want to make that switch?"*
