A: In under 15 minutes, watch these tutorials on how to stake in the public pool or reserve EarthNodes:

When using an address from a different wallet than you used for the TGE you’ll need to show proof of ownership by sending a specific amount of ADA to an address from the new wallet, during the staking process. Only a brand new and empty address can be used to make the proof.

A: Yes, you can do both. You’ll need to use one wallet for the public pool and a different wallet for reserving EarthNodes. The two addresses must be from different wallets. To add a new address, you’ll need to show proof of ownership by sending a specific amount of ADA to the an address of the new wallet where you are holding or plan to hold WMT to stake in the public pool or reserve an EarthNode.

A: Nope! If you have enough WMT you can stake in the public pool or reserve an EarthNode.

A: Staking is initiated in the vault, but your tokens and ADA remain in your own wallet (Daedalus, Yoroi, Adalite, or even your hardware wallet). Inside the vault, you’ll choose if you want to stake in the public pool or reserve EarthNodes.

A: We will ask you to transfer a certain amount of ADA that you and only you would know.

This is only necessary if you’re planning to use an address from a different wallet than the one you used for the TGE, if you’re planning to stake and reserve. There is no KYC required at this stage.

A: Yes, you can withdraw your staking rewards at any time. However, in order to earn rewards, you’ll need to hold the snapshot amount for 30 days once the threshold has been reached. When the threshold is reached, a snapshot of the balance in your wallet (and any pending rewards) is taken. If you remove tokens and the balance goes below the snapshot amount (aka minimum balance) you’ll lose your staking rewards for that threshold.

Tip: By holding your tokens until April 24, 2022, you’ll compound your rewards and avoid extra transaction fees.

A: You must hold a minimum of 100,000 WMT per EarthNode until Early Staking ends on April 24, 2022. If you go below the minimum amount you will lose an EarthNode reservation. Remember that even if you’re earning rewards on a monthly basis for your EarthNodes, you can only collect them when the programme ends in six months.

A: If you switch outside of the 30-day threshold window there is no implication other than reducing your stake and the global stake in the public pool.

A: The public pool will be closed (not just for winter). EarthNode reservations will run for the entire 6-months. So, if you made a good return from the public pool and have at least 100,000 WMT, you can reserve an EarthNode with a new wallet and proof of ownership.

A: There are only transaction fees on completing a proof of ownership and when you claim your rewards. So, waiting until the Early Rewards Programme ends on April 24, 2022 and to claiming all your rewards at once will mean you minimise transaction fees.

A: All token transactions in Cardano require a certain amount of ADA to be sent along with the tokens. So, you will have to pay the transaction fee of sending some ADA to us. And we will pay the (slightly higher) transaction fee of sending those ADA back to you along with the WMT.

A: Go to CREATE VAULT and complete onboarding. For extra guidance, watch this how-to video.

A: The vault is a secure, encrypted home for your personal information including email, identity, deposits, and the destination address for your WMT. All vault information is encrypted and stored by you (we don’t store your vault information).

A: WMT is a Cardano native token that can be identified using a Policy ID and Asset Name. See token details on Cardanoscan.

A: We prioritize self-data governance. The vault allows you to take your identity with you to any device you own. Using cryptographically signed messages we make sure that all your actions come from you and only you. That way, your account safety doesn't depend on anybody else.

A: The WMTs are Cardano native tokens and therefore benefit from being immediately active on the Cardano network. However, WMT will also be used as the Proof of Stake token on the World Mobile Chain network.

A: You must use a Cardano wallet that supports native tokens such as Daedalus, Yoroi or AdaLite.

A: Total supply: 2,000,000,000
Type: Native token on the Cardano blockchain
Decimal Point: 6
Ticker: WMT