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Gate Square New & Returning Creator Rewards are ongoing!
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#WET 1. Token Basic Information: WET has a fixed supply of 1 billion tokens, with no private or venture funding rounds. Token distribution mainly includes ICO (10%), Foundation (40%), Ecosystem (25%), and Laboratory (25%). Different portions have different unlock rules.
2. Core Functions: As a utility token, users can stake WET to unlock transaction fee rebates on HumidiFi. The protocol automatically applies different rebate rates based on the user's staking level; at the same time, WET also carries potential value related to ecosystem governance.
3. Market Performance: WET launched its public sale on December 3, 2025, in three phases, with the public sale price at 0.069 USDC. It performed well after launch, with the price once surpassing $0.27, an increase of over 290% compared to the public sale price. As of December 11, 2025, the WET price was approximately $0.19, with a total market cap of about 1.3513 million RMB.