🧊Phase III: WINT

Introduction to Integer Phase III: Enhancing Utility and Yielding

PHASE III: WINT

Introducing wrapped INT (WINT), a new token that enables fractional trading for INT within our ecosystem. WINT operates as an ERC20 token with 18 decimals, but it can only be minted using INT.

Mechanics of WINT:

Redemption and Taxes:

• Seamless 1:1 conversion of INT to WINT with 0% Tax.

• 5% burn tax on unwrapping WINT to INT

• 0% tax on transactions and transfers

Users must carefully consider converting INT to WINT due to the 5% burn tax incurred when unwrapping WINT back into INT.

Key Benefits and Features:

1. Enhanced Yield Opportunities: By engaging in LP farms with WINT, users can tap into attractive yield potentials that would have been more difficult with INT tokens due to substantial IL.

2. Burn deflation: token scarcity through a 5% burn tax on unwrapping WINT to INT, while Phase 4 introduces a real-time interactive canvas where users can gain pixels by burning $WINT.

3. Arbitrage Opportunities and Increased Volume: WINT price changes create chances for arbitrage, increasing trading and burning INT tokens. This extra trading also gives liquidity providers more yield from volatility farming.

4. Minimize circulating supply: Encouraging token holders to stake their assets reduces selling pressure and increases scarcity, potentially driving up token value. Staking also offers rewards, incentivizing active participation.

Example: Users hold INT tokens and seek to maximize their yield through LP farming. Using Integer's platform, they convert INT to wINT at a 1:1 ratio and join a high-APY liquidity pool. If the INT price shifts significantly, they can unwrap wINT back to INT, capitalizing on price disparities for potential profit. It's important to note that users need to hold at least 1 whole wINT token to initiate the unwrapping process.