
Wheat WHEATPrice N/A
WHEAT Price
General Info
Contracts/Explorers:
Arbitrum
Wheat (WHEAT) Chart










What is Wheat (WHEAT)?
Wheat is a new concept in decentralized finance, designed to tackle the notorious Wheat Syndicate, who are causing a global wheat scarcity. The WHEAT supply is currently being debased (decreasing) by 0.001% every block, which equates to around 7% per day. The rebase era is over, but WHEAT is set to spark a new revolution with debase tokens. The debase will automatically increase the value of your WHEAT if no one is selling. This is made possible because debase also affects LP. So, over time, there will be less WHEAT in LP but the same amount of Ethereum.
You can protect your Wheat by depositing it into secure vaults. There are two types of vaults available that offer partial protection to your WHEAT in the form of rewards. These rewards amount to 10 million WHEAT per block. The threshing vault earns you 9/10 of the rewards by staking WHEAT/ETH LP on Camelot. The silo vault earns you only 1/10 of the rewards.
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