MERGE into $VULT

https://app.weweswap.com/merge

WEWE to $VULT Conversion Guide

WEWE - Together We EarnWEWE Swap

WEN? TBA - check discord announcements

Overview

WEWE holders can merge their WEWE tokens into VULT tokens using the Merge Contract. The initial ratio for conversion is set at 1:1000 (1 VULT = 1000 WEWE). The VULT acquired on Base will be locked.

Initial Setup

• Total VULT in Merge Contract: 10 million VULT

• Total WEWE in Merge Contract: 10 billion WEWE

• Starting Conversion Ratio: 1 VULT = 1000 WEWE

• Total VULT: 100 million

• Total WEWE: 100 billion

Conversion Details

Conversion Rates

• The conversion ratio starts at 1:1000.

• The conversion rate changes as WEWE is converted to VULT, following the formula:

Two-Way Conversion (If Enabled by the user)

• If the owner enables two-way conversion, VULT holders can convert back to WEWE using the formula:

Example Data from Conversion TableNotes

• Starting Balance: 10bn "WEWE" balance with 10m VULT balance.

• First Conversion: The first 1000 WEWE get 1 VULT.

• Last Conversion: At Max Cap 1000 $WEWE gets around 0.00827 $VULT.

WEWE supply Swaps 1% = 1 billion WEWE

• 10% SWAP: With the increase in WEWE balance, the rate changes to 1 VULT = 2000 WEWE.

• 33% SWAP: The conversion rate starts at 1 VULT = 4300 WEWE.

• 67% SWAP: The conversion rate starts at 1 VULT = 7700 WEWE.

• MAX: At the maximum conversion, the rate changes significantly, starting at approximately 1 VULT = 11k WEWE up to 121k.

Maximum Limit Conversion

The maximum amount of WEWE that can be converted is 100 billion WEWE for 10m VULT, which would deplete the Merge Contract's VULT balance.

Expected User-flow

1. User enters the amount of WEWE they wish to convert.

2. The interface calculates and displays the amount of VULT they will receive using the calculateVULT function.

3. User clicks "Approve" to allow the merge contract to transfer WEWE.

4. User clicks "Convert" to complete the conversion.

5. The interface confirms the transaction and locks the VULT.

User Interface Elements

1. Input Field: Users can enter the amount of WEWE they wish to convert.

2. Conversion Rate Display: This shows the current conversion rate and the amount of VULT the user will receive.

3. Approve Button: To approve the merge contract for transferring WEWE.

4. Convert Button: To initiate the conversion process.