You currently have - Small Wombybanks
You currently have - Large Wombybanks
Wombat Reverties are unique digital tokens minted on the Polygon blockchain. You can buy these tokens with USDC, use them, and if you ever change your mind, you can give them back and get all your USDC returned.
The USDC you use to mint your Reverties is automatically deposited into an Aave lending pool to generate interest.
This interest will NOT be paid out to the holders of the NFTs; instead, 80% of the interest will be used to buy back and burn WOMBAT tokens. 20% of interest accrued is allocated to Mycelium Network for their contribution and to support The Wombat Protection Society of Australia (WPSA)
The first versions of the Wombat Reverties will pay back 100% of the USDC you’ve used to purchase them.
In future versions this may be subject to change depending on the requirements. For example an edition may pay back a percentage of your USDC such as 95%, others might pay back 100% of your funds, but in WOMBAT tokens instead of USDC. Follow our socials and consult regularly with this whitepaper for updates on any changes.