What is WIZ Protocol ($WIZ)?
WIZ is a DeFi protocol which is running on the Ethereum Network. The protocol is created to onboard new DeFi investors to the PulseChain Network. The added complexity that comes with DeFi can create pitfalls for investors who don't understand the mechanisms and terminology such as staking, farming, liquidity pools and so on. This is where Hocus Pocus & WIZ comes in to play to take care of staking and farming for the investor.
WIZ is the platform’s utility token. WIZ is the platform’s utility token.Holders of $WIZ will earn reflections on the Ethereum Network and treasury rewards on the PulseChain Network. Holders of WIZ can use the same wallet address which they used on the Ethereum Network. The rewards on the Ethereum Network will be in the form of WIZ tokens. The Rewards on the PulseChain Network will be in PLS and in HOC which the receiver can use for liquidity providing purposes (e.g. in the PLS/HOC pool).