Welfare Assistance Program

About the $WAP - Welfare Assistance Program

The Degen States Welfare Assistance Program ($WAP) is a groundbreaking initiative designed to bring a new form of community-driven support to its participants. Operating on the principles of decentralization, $WAP aims to foster a vibrant ecosystem where engagement and participation are directly rewarded.

Our mission is to create a transparent and equitable system where financial assistance, humor, and community growth go hand-in-hand. We believe in empowering our members through innovative tokenomics and a commitment to shared prosperity. While this is a memecoin for entertainment, its underlying structure is built to encourage active participation and reward loyal community members.

Vision & Values

• **Community First:** Building a strong, supportive, and active community.
• **Transparency:** Open and verifiable operations on the blockchain.
• **Innovation:** Leveraging decentralized finance for unique reward mechanisms.
• **Engagement:** Encouraging active participation through various initiatives.

Understanding $WAP Tokenomics

The $WAP token is built on the Solana blockchain, leveraging its speed and low transaction costs to facilitate frequent rewards. The total supply of $WAP is fixed at **1 Billion tokens**, ensuring scarcity and potential for value appreciation over time.

Distribution & Liquidity

A significant portion of the $WAP supply is allocated to ensure healthy liquidity on decentralized exchanges, preventing large price swings and allowing for easy buying and selling. Initial liquidity will be securely locked to build trust and stability within the ecosystem.

"Welfare Checks" Fee Distribution

The $WAP ecosystem implements a **4% transaction tax** on both buys and sells. This tax is strategically distributed to fuel the "Powerball Welfare Checks" and support project growth:

• **Total Supply:** 1,000,000,000 $WAP
• **Transaction Fee:** 4% on buys and sells.
• **Reward Pool:** 90% of tax funds Powerball Welfare Checks.
• **Dev/Marketing:** 10% of tax for project development and promotion.

The $WAP "Powerball Welfare Checks" Venture

A core feature of the $WAP ecosystem is the innovative "Powerball Welfare Checks" venture. This system is designed to regularly reward active token holders with Solana, fostering consistent engagement and providing tangible benefits.

Every **24 hours**, **50 random $WAP holders** will be selected by the system to receive a "Welfare Check" paid directly in Solana. To qualify for these daily Powerball draws, participants must hold a **minimum of 500,000 $WAP** in their wallet.

How it Works:

1. **Hold $WAP:** Maintain a minimum of **500,000 $WAP** in your Solana wallet to be eligible.
2. **Transaction Tax:** A 4% tax on buys and sells funds the prize pool.
3. **Daily Draws:** Every 24 hours, 50 eligible wallet addresses are randomly selected.
4. **Solana Rewards:** The selected holders instantly receive their Solana "Welfare Check" directly to their wallet.

This Powerball venture adds an element of significant excitement and continuous reward, distinguishing $WAP as more than just a standard memecoin by providing substantial daily opportunities for holders.

How to Buy $WAP Tokens: A Step-by-Step Guide

Acquiring $WAP tokens is a straightforward process. Follow these steps to set up your Solana wallet and join the Degen States Welfare Assistance Program:

Step 1: Set Up a Solana-Compatible Wallet

You'll need a digital wallet that supports the Solana blockchain. Popular options include:

• **Phantom Wallet:** A popular and user-friendly browser extension and mobile app.
• **Solflare Wallet:** Another excellent option with both browser extension and hardware wallet support.

Download and install your chosen wallet, then follow the instructions to create a new wallet or import an existing one. **Remember to securely store your seed phrase!**

Step 2: Fund Your Wallet with Solana (SOL)

You'll need Solana (SOL) to purchase $WAP tokens and cover transaction fees. You can buy SOL from major cryptocurrency exchanges such as Coinbase, Binance, Kraken, or FTX (if available in your region). Once purchased, withdraw your SOL to your Solana-compatible wallet address.

Step 3: Connect to a Decentralized Exchange (DEX)

Most $WAP trading will occur on Solana-based Decentralized Exchanges (DEXs). Popular options include Raydium or Jupiter Aggregator. You can track our price on Dexscreener.

1. Go to your preferred DEX website.
2. Connect your Solana wallet (e.g., Phantom) to the DEX.
3. Locate the trading interface or "Swap" section.

Step 4: Swap SOL for $WAP

1. In the "Swap" interface, select SOL as the token you want to trade FROM.
2. Enter the $WAP contract address (WAPXuEkxDdpYZzMeKfjEhFgSWkkURSa7GJBupk925gJ) into the "TO" field to find $WAP.
3. Enter the amount of SOL you wish to swap for $WAP. The DEX will show you the approximate amount of $WAP you will receive.
4. Review the transaction details (including slippage tolerance, typically set to auto or a small percentage like 0.5-1%).
5. Confirm the swap in your wallet.

Congratulations! You are now a proud holder of $WAP tokens and eligible for the "Welfare Checks" Lottery!

Roadmap & Future Plans for $WAP

The $WAP project has a clear and ambitious roadmap designed to ensure continuous growth, expand its community, and enhance the utility and fun factor of the token. Our journey is divided into several key phases:

Phase 1: Launch & Foundation (Completed)

• Smart Contract Development & Audit
• Initial Liquidity Provision & Locking
• Website Launch (WAP.gov)
• Community Building (Telegram, Discord, X/Twitter)
• Introduction of "Welfare Checks" Lottery

Phase 2: Growth & Expansion (Current Focus)

• Strategic Marketing Campaigns & Influencer Partnerships
• Community Contests & Engagement Events
• Partnerships with Solana ecosystem projects
• Development of $WAP merchandise store
• Further enhancements to the "Welfare Checks" mechanics
• **Introduction of $WAP NFTs:** Launching a unique collection of NFTs for community engagement and exclusive benefits.

Phase 3: Utility & Global Outreach (Future)

• Integration with broader DeFi applications
• Potential for $WAP staking or farming opportunities
• Expansion into educational initiatives about decentralized welfare
• Global community expansion and localization efforts
• Exploration of real-world utility partnerships (e.g., charity donations using $WAP proceeds)

This roadmap is a living document and may be adjusted based on community feedback and market conditions. Our commitment is to sustainable growth and maximizing value for $WAP holders.

Join the $WAP Community & Get Support

The strength of the Degen States Welfare Assistance Program lies in its vibrant and active community. We encourage all participants to join our official channels to stay updated, share ideas, and connect with fellow $WAP holders.

Official Channels:

• **Telegram:** t.me/+rO3Citn46Xk3YWQx - For real-time chat and announcements.
• **Discord:** discord.gg/WAPofficial - For in-depth discussions, support, and special events.
• **X (formerly Twitter):** @WeAssistprogram - For quick updates, news, and community polls.
• **Dex Screener:** Our Chart - Track the price action here.

Our community moderators are available to answer your questions and provide assistance. Remember to always be cautious of scams and only follow links from our official channels.