{"data":{"id":29175,"name":"Wen","symbol":"WEN","slug":"wen","category":"token","description":"**What is Wen?**\n\nWen is culture. Wen is a movement. Wen is the internet’s cutest cat and the heart of a growing global phenomenon. Wen is more than a brand, and is on a mission to become one of the world’s most iconic and beloved IPs.\n\nWen started as a free airdrop to give back to over 1 million recipients. No influencers, whales, or insiders were involved, and every recipient received the exact same amount — making Wen the fairest and most widely distributed airdrop on Solana. Emphasizing that Wen is a coin for people.\n\nWen is also the proud owner of the world’s #1 and #2 cat accounts on X (@shouldhavecat and @postsofcats). Together, we can bring Wen to everyone, everywhere.\n\nWen is a Solana-based memecoin that originated from a poem.\n\nEach WEN token represents a small piece of the poem “A Love Letter to the Wen Sisters.” Written by Meow, the pseudonymous creator of the Jupiter decentralized exchange (DEX), the poem was the first NFT to be minted using the WNS standard and then split into tradable tokens.\n\nThe WEN memecoin was developed by the Jupiter team before airdropping Jupiter’s native token, JUP, to DEX users.\n\nThe WEN token can be used as a governance token to tip creators online and for the Wen decentralized autonomous organization (DAO) to vote on decisions regarding the future of the DAO.\n\n**Who created Wen?**\nWen was created by the team behind the Jupiter DEX to test airdrop mechanisms ahead of the launch of the JUP token.\n\nPrior to the launch of JUP, Meow stated in several interviews that he had been asked countless times online about the “Wen token” and the “Wen airdrop,” which led him to write “A Love Letter to the Wen Brothers” in December 2023. It is also supported by the Wen Solana Foundation.\n\n**How Does Wen Work?**\nIn essence, WEN was developed by the Jupiter team before airdropping Jupiter’s native token, JUP.\n\nThe poem “A Love Letter to the Wen Brothers” was minted using the WNS standard, a new standard that aims to simplify the NFT creation process by reducing costs, increasing NFT flexibility, and allowing for cross-platform compatibility. The WNS standard comes with a Token Extension program that allows NFTs to be split into tokens.\n\nThe poem was split into 1 trillion WEN tokens and distributed to various Solana communities, including Jupiter DEX users and premium NFT holders, on Jupiter’s LFG Launchpad to stress-test the launchpad ahead of the JUP release.\n\nWen seamlessly integrates with the broader Solana ecosystem, being compatible with a variety of wallets, exchanges, and many decentralized applications (dapps), and is used for:\n\nTipping and rewards: Created to foster a culture of appreciation and support, WEN is used to tip content creators and reward engaged community members who participate in online discussions, events, and other initiatives.\n\nDeFi functions: Wen can be exchanged for other cryptocurrencies and used in yield farming strategies to earn additional rewards.\n\nWEN Tokenomics\nWEN’s total supply of 1 trillion tokens is distributed as follows:\n\nCommunity: 55% — 550,000,000 WEN\n\nContributors: 22% — 220,000,000 WEN\n\nInvestors: 18.8% — 188,000,000 WEN\n\nAdvisors: 1.2% — 12,000,000 WEN\n\nTreasury: 3% — 30,000,000 WEN\n\nThe WEN team airdropped 70% (approximately 700 billion) tokens during a three-day distribution. 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