Wombat Exchange
Wombat Exchange is a multichain stableswap native on the BNB Chain, focused on re-engineering the stableswap experience with its innovative algorithm design as the next-generation stableswap 2.0.
Wombat Exchange is a multichain stableswap native on the BNB Chain, focused on re-engineering the stableswap experience with its innovative algorithm design as the next-generation stableswap 2.0.
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Wombat went multichain with its first expansion, launching on Arbitrum One.
Wombat launched its Voting Gauge, giving veWOM holders control over WOM emissions allocation for each gauge.
Wombat completed its full launch on BNB Chain with staking and boosting going live, attracting approximately $217 million in deposits within the first day and becoming the network's largest stableswap by total value locked.
$WOM, the native governance token with a total supply of 1 billion, officially launched on August 30, 2022, following the PancakeSwap initial farm offering that concluded on August 29, 2022.
Wombat launched its mainnet on the BNB Chain.
Wombat raised new capital in a strategic round led by Shima Capital, with participation from Jump Crypto and Wormhole.
Wombat raised $5.25M in a Series A round led by Animoca Brands and Hailstone Ventures, with participation from BNB Chain, TPS Capital, GSR, and others. The round increased Wombat's valuation to $70 million.
Wombat Exchange received a strategic seed investment from Binance Labs, the venture capital arm and innovation incubator of Binance. The amount was not disclosed.