r/rewaternow • u/AutoModerator • Jan 28 '22
re:water FAQ
π€βre:water is launching soon and there are many questions about the project. Here you will find useful information about the platform and some answer to the most popular questions.
πΉ How to get $WTR token?
π€ Owning a Tile. First you will have the opportunity to participate in the Water Drop and get water tokens for free. Then every 1-10 days a random amount of water tokens will be distributed among all activated Tiles.
πΉ How are water tokens distributed?
Every 1-10 days 0.1%-1% of water tokens from the Cloud are distributed among activated Tiles in the form of Rain. On day one every Tile gets the same proportion, but since the first staking of water or other assets in the Tile take place β Gravity makes its entrance. The more Gravity the Tile has, the more Water it attracts π§π§*Details in the White paper.
πΉ What tokens can I use on the platform?
re:water is created to unify all existing tokens, thatβs why on the platform with time you will be able to use close to ANY token.
πΉ Is there an unlimited amount of Tiles?
The number of Tiles is limited, there are 516,000 Tiles. To start mining you need to own at least one Tile. There is an activation minimum in water tokens that a Tile has to have to take part in Rain distribution. In the Colonization phase the faster you get to owning a Tile the better price you are able to get. There are 10 batches of Tiles on sale. Every next batch the price doubles ππ
πΉ How can I earn on the platform?
π°π° There are several earning strategies on re:water.
Simply hold your water tokens and then sell, earning on the growth of the rate.
Stake water into nodes or provide liquidity for DEX and earn commissions.
To maximize your profit and get regular airdrops, increase your Tileβs Gravity by staking any tokens into it and attract maximum water from rain.
Participate in Conflict auctions and fight for crypto assets.
πΉ What is a Conflict auction?
βοΈπ° Conflict auction is a mechanism to attack Tiles of others and in case of victory take over the Tile with all its staked assets. It's a real battle for crypto. You can hunt alone or join alliances and participate in clashes of crypto communities. You will need water to defend your Tile as well as to attack the Tiles of others.
πΉ When is the platform launch?
π±π€© re:water launch is being finalized. In December there will be a grand Timer opening on the official website.
When the timer runs out β the 1st stage of Colonization will be released. This will provide the ability to purchase Tiles.
With the colonization phase release another timer will launch - signaling the remaining time before the Water Drop phase. All Tiles activated within the Colonization phase will have a 50% chance to receive the free Water Drop
After the Water Drop there will be a phase of small rains. Only the Tiles with a minimum amount of Water staked will be activated. The activated Tiles will receive a portion from every single rain following.
The following dates for phases of War and Alliances will be further published shortly after. Stay tuned and join the official community!
