Migaloo is a permissionless Blockchain built with the Cosmos SDK. It comes with its flagship dApp, the White Whale Protocol. The White Whale Protocol is the first live Interchain Liquidity Protocol in the Cosmos Ecosystem.
Migaloo is pioneering the Alliance module. The Alliance module allows whitelisting any token to be staked to the Migaloo chain, increasing its security. A small part of the newly issued WHALE token will be ascribed to stakers of the whitelisted token, allowing them to earn staking rewards. “External stakers” must pay a small fee when staking to the Migaloo chain. This fee will be redistributed to native WHALE stakers. Migaloo will whitelist Liquid Staking Derivative tokens, i.e. ampLuna, bLuna, etc., to allow external stakers to secure their native chain and Migaloo while earning staking rewards from both ecosystems.
The White Whale dApp, with its revenue generated through arbitrage and gauged direction of Interchain Liquidity, sets the perfect groundwork to build vertical and horizontal integrations resulting in a thriving DeFi ecosystem on Migaloo and eventually becoming a central Liquidity Hub of the IBC-Ecosystem.
How to Buy WHALE on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing WHALE. Some reputable platforms include MEXC、KuCoin、BingX, and others.
Step 2: Register an Account
Here, we'll register an account on the KuCoin(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing WHALE.
Step 5: Purchase WHALE
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of WHALE you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy WHALE.
Step 6: Store Your WHALE
After purchasing, you can choose to store your WHALE in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and WHALE assets, be sure to use a strong password and enable two-factor authentication.
WHALE Price:Whale (WW) V2 is a cross-chain arbitrage infrastructure protocol. WW creates a unified center for token liquidity and then distributes that liquidity to LPs (liquidity providers) on all Cosmos chains, allocating liquidity where it's most needed.The price fluctuates daily, you can go to the exchange: KuCoin to check the price.
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