• WYZth
  • Technology Tools Enterprise Ecosystem
  • WYZ DeFi
    • Intro to WY Chain

      wyzth is a fast, scalable and secure platform for digital assets.

    • Stake on WYZth

      Earn rewards by securing the network.

    • WYZth Coin

      WYZ is the primary Coin of the wyzth ecosystem.

    • WYZth DeFi

      Buy, sell, lend, and borrow synthetic assets on wyzth.

    • The Consensus

      Discover Lachesis, wyzth’s ultra-fast consensus protocol.

    • WALLETS

      • WYZth Wallets

        Store, send, receive, and stake WYZ on desktop, mobile, and hardware wallets.

      EXPLORER

      • WYZ Scan

        A new wyzth explorer built by the WYZth team.

    • GUIDES

      • WYLink wallet : Beginner's Guide

      • Metamask Wallet : Beginner’s Guide

      • WYSwap : Beginner's Guide

      • WYFarm : Beginner's Guide

    • Enterprise

      Discover wyzth’s solutions for enterprise clients.

    • Solutions

      Take a deep dive in real world use cases.

    • About us

      Meet the people behind wyzth.

    • Blog

      Learn about wyzth through our general and tech articles.

    • FAQ

      Do you have questions? We have answers!

    • Community

      Join our wonderful community and share ideas.

WYZth
WYZth
  • Technology
        • Intro to WY Chain

        • Stake on WYZth

        • WYZth Coin

        • WYZth DeFi

        • The Consensus

  • Tools
      • WALLETS

        • WYZth Wallets

        EXPLORER

        • WYZth Scan

        GUIDES

        • WYLink wallet : Beginner's Guide

        • Metamask Wallet : Beginner’s Guide

        • WYSwap : Beginner's Guide

        • WYFarm : Beginner's Guide

  • Enterprise
        • Enterprise

        • Solutions

  • Ecosystem
      • About us

      • Blog

      • FAQ

      • Community

What is WYZ?

WYZ is the primary utility coin for the WY chain network. WYZ is used for governance, ecommerce, sports betting and gaming platforms. WYZ is used for securing the network through staking.

What is WYZ used for ?

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Securing the network

WYZ coin have a use case of securing the network through the Delegated Proof-of-Stake system. For participating, validator nodes need to hold minimum WYZ, bookkeepers need to lock up their WYZ. And in return of this process, both stakers and the nodes are rewarded with rewards and fees. WY chain prevents centralization, also the system is environmental friendly.

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Payments

WYZ coin is best used for sending and receiving payments through the WY chain network’s fast finality, high-throughput and low fees.
On WY chain, assets transaction costs you even less than $0.01 and it takes nearly 1second for a transfer.

On-chain Governance

WYZ is required for on-chain governance. WY chain is completely leaderless and permissionless, decentralized ecosystem. Thus the decision regarding the network is purely democratic and carried out on-chain governance. WYZ is the governance coin vital to participate in the voting process. Stakers can vote for any changes or improvement required on network.

Network fees

WYZ can be used for network fees, such as transaction fees and fees to locate smart contracts or to create new networks. ON WY chain the network fees very less, transactions are carried very cheaply. Keeping the network secure from any malicious intruder WY chain is best for the payments.

The WYZ supply

The total supply of WYZ is 50 Million and is currently circulating. There are more than 12000 holders off the WYZ coin. The total market cap is 5,582,382.45 USD. WYZ is currently available as native main net Coin on WY chain (wrc-20).

  • Technology
    • Intro to WY Chain
    • Stake on wyzth
    • WYZth Coin
    • WYZth DeFi
    • The Consensus
    • White Paper
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    • WYZth Wallets
    • WYZ Scan
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    • Solutions
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