Frequently Asked Questions..

Wen Jet Suit?

• Soon

What was the Dev wallet buy on launch?

• The Dev wallet was only able to make an initial purchase of 3.114 Solana when creating the SUIT token. After launch a 2nd Dev wallet was used to purchase 8.9 Solana worth of tokens for a total of 300,441,831 SUIT tokens.

What about the other 40%?

• The yield earned from Defi farming is being split 3 ways. 30% will buyback the SUIT token and send it back to the Dev wallet, completing the flywheel. 30% will buyback the SUIT token and burn it, forever reducing the circulating supply. The remaining 40% will be used at the Wen Jet Suit team's discretion for development, deeper liquidity, marketing, maintenance, future growth, and temporary or permanent compounding into the yield farming positions.

Where is the yield coming from?

• There will be no limits on the amount of chains or protocols that we use to earn the best yields in Defi, however, safety will always be the #1 concern. Low-risk strategies with less volatile assets on protocols built by industry leaders will always take precedence.

Will the Dev wallet sell every 10 days?

• No, the Dev wallet is not necessarily going to sell any tokens within a 10 day period. Several months may pass without the Dev wallet selling a single token. As a means of building trust in the community and not having too much of a negative impact on the SUIT price, the Dev wallet will never sell more than 20% of it's holdings in a 10 day period.