WOJAX

WOJAX is a hybrid FT/NFT meme token that combines the features of meme tokens, gaming, and NFTfi (decentralized finance for NFTs) on Base Network using HybridX standard.

WOJAX aims to create a novel and innovative experience by combining these elements on the Base network.

HybridX is a gas efficient hybrid token standard (more on HybridX). The standard enables a hybrid mechanism that offers liquidity of fungible tokens (FT) with the uniqueness of non-fungible tokens (NFT).

Yes, with WOJAX, you can mint NFTs on-demand from fungible tokens and burn NFTs to convert them back into fungible tokens in My Collection page. For each conversion from FT -> NFT you get 1 game ticket and 50% chance of getting non-NPC WOJAK NFT, which are eligible for getting revenue share of ecosystem's revenue.

For each conversion, a small amount of fee is required. It is calculated from 1.5% of WOJAK/ETH TWAP price in Uniswap. This mechanism is introduced primarily for: (1) ensure rarity of WOJAK NFTs in case of NFT re-rolling; (2) as platform's revenue to refill jackpot and litepot pools;

We will enable revenue sharing for NFT holders, offering a portion of the revenue generated from games and other activities to non-NPC Wojak NFT holders. This feature is expected to be enabled later, adding an additional incentive for holding WOJAX NFT and participating in the WOJAX ecosystem.

In the WOJAX ecosystem, the Litepot and Jackpot are pools designed to accumulate funds that can be won by participants within the gaming platform.

• Litepot Pool: This is a smaller and more frequently distributed prize pool. Participants have higher chances of winning smaller amounts from this pool.
• Jackpot Pool: This is a larger, but less frequently distributed prize pool. The Jackpot is meant for big winnings, with participants aiming for significant rewards that might be distributed less often than the Litepot.