Wisp FAQ
Common questions and key risks.
Common questions and key risks.
A token launch protocol on BSC. Tokens trade on an internal curve, then graduate to PancakeSwap V3. The contract maintains a floor price that only moves up.
Wisp maintains a contract floor during the internal phase and carries it into V3 as a buy wall after graduation.
Core contracts have no admin and are not upgradeable. Only the protocol reserve (project revenue) can be withdrawn, by the deployment-time multisig.
An EVM wallet, some BNB for gas, and the backing asset (WBNB or BSC-USD).
Choose a market, enter an amount. Buys clear at the curve quote. Sells try the curve first, falling back to floor redemption if needed.
No. It only moves up, and only when the protocol can still honor the new floor.
When price hits the target and cooldown is over. Check the market page.
Sustained selling pushes price toward the floor. New net buying restores normal pricing.
Creator first-buy executes atomically with creation. Regular buys use curve pricing and slippage bounds, not an opening-block cap.
Trades: 1.25% (75% protocol, creator 0–25%, rest to floor). Borrows: 3% one-time. Graduation and repayment: none.
Deposit tokens as collateral and borrow backing assets up to floor value. No interest, no liquidation, 3% one-time fee.
No. Limits use floor value, which cannot fall below debt.
Borrow → buy → deposit → borrow again. Amplifies exposure. No liquidation chain, but volatility is amplified too.
No. The 3% fee makes it worse than selling directly.
No interest, no maturity date. Collateral stays locked until you repay.
When the sale pool is empty, anyone can call graduate(). The caller earns a 0.03% keeper tip.
The form changes. Floor backing becomes a V3 buy wall. The route changes from internal redemption to V3 swap.
New borrowing closes. Existing loans can be repaid; principal accumulates into new V3 buy walls.
Yes. Works with aggregators, bridges, exchanges, and other DeFi.
Enter name, symbol, avatar, graduation target, and creator fee share. Parameters lock at creation.
No. Creators can only claim fees and transfer or renounce the creator role.
No. Protocol reserve (project revenue) is withdrawn by the multisig. Market funds and LP Vault are never multisig-controlled.
A share of trade fees (0–25%), set at creation. Claimable anytime. Borrow fees do not go to creators.
Mechanics details are in open the docs