FWA Reservethe treasury that plays the gacha
LIVE ON ETHEREUM MAINNET

Every trade feeds the machine.
The machine feeds holders.

$FWAres taxes its own volume and spends it pulling the Fake World Assets gacha, settling every pull as $FWA into a shared treasury. Your cut is airdropped hourly as wFWA. Real $FWA redeemed at unlock.

Read the docs How it works
Reserve treasury Onchain, real time
worth $0 at the current $FWA price
Preview data. Live feed connects at launch
ETH deployed
0ETH
wFWA issued
0wFWA
$FWA price
$0
Next airdrop in
00hours : 00min : 00sec

First airdrop lands 1 hour after launch.
New airdrop every hour, sent straight to holder wallets.

How it works

Tax in. $FWA out. Yours every hour.

Four steps, running on their own. Volume is the fuel: the more $FWAres trades, the more the machine gets fed.

1

The tax collects

Every buy and sell of $FWAres routes its fee straight into the reserve. No team allocation doing the buying, no lockups. The fee is the fuel.

2

The reserve pulls

Treasury ETH pays the FWA acquisition price. Chainlink VRF deals a random NFT position from the pool, each one backed by real escrowed ETH.

3

Every pull becomes $FWA

We take the depositor's standing bid settled as $FWA, never the JPEG. Every pull goes straight to the vault.

4

Holders own the vault

All $FWA lands in the treasury above, visible onchain at all times. Your share is airdropped to you as wFWA every hour.

Why not just buy $FWA? You can't yet. External buys are gated until unlock, and the gacha is the only way in. It also pays emissions on top. The reserve walks through that door on every pull, for every holder at once.

Distribution

Airdropped hourly. Redeemed at unlock.

Two different actions, two different pages. One runs from launch, the other opens at unlock of $FWA. Here is exactly what each one does.

Every hour

wFWA airdrop

Every hour a snapshot records every $FWAres holder's share of the treasury, and wFWA is airdropped straight to holder wallets. Nothing to claim, nothing to sign. Hold $FWAres, receive wFWA.

Issuance is pegged to the vault: each airdrop mints exactly as much wFWA as the $FWA the treasury gained that hour, keeping every coupon backed 1:1.

First airdrop 1 hour after launch
At unlock of $FWA

Redeem for $FWA

When the $FWA transfer gate opens, the redemption page goes live here. Redeem wFWA for your share of the treasury in $FWA.

Opens approx. 10 days after launch

Launch to unlock

Launch
Tax goes live. The treasury starts pulling immediately.
+1 hour
First airdrop. Small numbers on purpose. A live test of the whole pipeline, in public.
+2 hours
Airdrop 2, then every hour after that, straight to wallets.
Until unlock
The machine runs, the vault grows, and wFWA trades OTC for anyone who won't wait.
Unlock of $FWA
Redemption opens. wFWA redeems for treasury $FWA.
The coupon

One coupon, one $FWA

wFWA is not a second version of $FWAres. It's a coupon, 1:1 to $FWA: every wFWA you hold redeems for one $FWA from the vault. It is airdropped to you hourly for holding $FWAres. You spend it once, at redemption, to redeem real $FWA.

OTC market coming soon
The numbers

Everything on the record

The parameters the reserve runs on. If it isn't listed here, it doesn't exist.

Trading tax
5% / 5%
5% on buys, 5% on sells of $FWAres. The treasury's only inflow
Airdrop cadence
hourly
wFWA sent to every holder wallet each hour, automatically
First airdrop
launch + 1h
Deliberately early and deliberately small. A live systems test in public
Redemption
at unlock of $FWA
Opens the moment the $FWA transfer gate does
Settlement path
bid, as $FWA
Every pull accepts the depositor's standing bid settled as $FWA, 85% of position backing
OTC fee
TBA
The reserve's cut on wFWA trades. Announced before the OTC market opens