$FWA overview

$FWA is the token used across the FWA ecosystem. The current main pool uses the existing token and ETH/FWA market. Its rewards and recurring buybacks have dedicated contracts; there is no separate token to migrate into. NFT backing, earned ETH, and FWA rewards remain separate balances.

The token's original distribution

• 50% seeded the ETH/FWA market on Uniswap v4.
• 30% funded the original 15-day emissions: 15% for depositors and 15% for purchasers, distributed at 1% of total supply per side per day during that phase.
• 20% funded FWAClaim for the snapshot at Ethereum block 25,452,023. That Merkle token claim is separate from legacy NFT and ETH recovery.

This is the historical launch allocation. The original emission phase has completed; current reward funding uses existing FWA rather than repeating the supply split or minting a new token supply.

The shared market

The ETH/FWA Uniswap v4 market charges a 1% fee on buys and sells. Its hook controls public buy access and directs trading fees to its configured recipient. A market purchase gives you tokens; it does not count as a main-pool acquisition or create purchaser-epoch rewards.

Participants can also receive FWA through main-pool rewards. Read earning and claiming for reward eligibility, and buybacks and fee routing for how fees fund token purchases.

Taking an NFT's bid as FWA

After an NFT is allocated to you, you can accept its standing bid as FWA when token settlement is enabled. The NFT returns to its depositor and a configured share of its ETH backing buys tokens for you. The source and deployment defaults spend 92.5% of backing on FWA, compared with a 90% payout for the ETH option: a 1 ETH-backed NFT uses 0.925 ETH to buy FWA or pays 0.90 ETH directly.

These are independently configurable rates, read when you settle. The FWA rate specifies the ETH purchase budget, not a guaranteed token value or resale amount. The market's fee, execution price, and slippage determine the net tokens received. Set a minimum output before confirming. This purchase pays tokens to you directly and is separate from recurring buybacks and reward claims. See settlement choices.

Sending FWA

Token transfers follow the token's distributor and authorized-market rules. The separate FWATokenTransfer contract supports a signed Permit2 deposit for a named recipient. A deposit made in Ethereum block N becomes claimable in block N + 1.

Anyone may execute a matured claim, but the tokens always go to the named recipient. The recipient cannot be changed and the deposit cannot be cancelled. Deposits for the same recipient in one block combine into one claim; a later deposit pays any matured balance before starting a fresh next-block claim.

FWA packs

A FWA pack is an ERC721 backed by an allowed denomination of escrowed FWA. The pack holder owns the underlying tokens. Unwrapping burns the pack and returns its contents to that holder; an approved operator cannot redirect the contents to a different wallet.

FWA packs use the contract's fixed unlock block, 25,683,500. A fresh compatible wrapper does not restart that historical lock. Wrapping must be enabled for the token and amount, and the wrapper must retain its token distributor permission for FWA transfers to succeed.

Pack transfers may be restricted to transfers initiated by their configured FWA pool with the pool as one endpoint. Use a wrapper configured for the target pool; holding a pack does not guarantee that the pool admits its collection. Listing a pack also requires ETH backing under the pool's normal rules. See collection admission.