Part S: Mandatory information on principal adverse impacts on the climate and other environment-related adverse impacts
S.1. Name
WowMyToken
S.2. Relevant legal entity identifier
Not applicable
S.3. Name of the crypto-asset
Wow My Token ($WYT)
S.4. Consensus Mechanism
WMT is based on Solana’s consensus mechanism which is a Byzantine Fault Tolerant (BFT) Proof-of-Stake (PoS) system enhanced by Proof-of-History (PoH). Validators participate in weighted voting based on stake, with PoH acting as a global time source to streamline consensus. Leader Selection The leader schedule is deterministic, precomputed for each epoch (~2 days) based on stake weight. Each slot (~400ms) has a designated leader responsible for producing a block. If a leader fails to produce a block, the next scheduled leader proceeds after the slot duration, ensuring the network continues operating (although the missed slot remains empty). Voting & Finality Validators verify transactions and submit vote transactions referencing the latest confirmed block. Tower BFT enforces a lockout mechanism, meaning each vote also implicitly confirms all previous blocks and extends the lockout period for those blocks. If a validator votes on a competing fork, it breaks the lock and risks penalties (though slashing is not actively enforced yet). A block is finalized once it accumulates enough stake-weighted votes, making it economically unfeasible to revert unless more than 1/3 of validators act maliciously. The network designates a rooted block—the oldest block with 2/3+ supermajority confirmation—as the new ledger root, ensuring finality for all prior blocks. Integration of Proof-of-History (PoH) PoH serves as a cryptographic timestamping mechanism, allowing validators to verify the order of events without requiring additional rounds of communication. The leader includes the current PoH hash in each block, ensuring that validators can determine the correct sequence of blocks relative to others. This process significantly reduces latency and increases throughput, as validators do not need to synchronize timestamps through conventional consensus rounds.
S.5. Incentive Mechanisms and Applicable Fees
The economic architecture of the WowMyToken (WYT) integrates structured incentive mechanisms at both the token and blockchain layers to promote ecosystem growth, ensure network security, and stimulate sustainable demand. All transactions and smart contract interactions for WMT occur on the Solana blockchain, inheriting its fee model and security incentives.
Incentive Mechanisms
Primary Utility Incentive: The fundamental incentive for token acquisition and retention is utility-driven demand. Users who utilize WYT as a payment method within the WowMyCity platform and affiliated partner ecosystems receive a commercial discount. This creates a direct correlation between token utility, platform adoption, and demand.
Staking and Vesting Schedules for Supply Stability: Long-term alignment of key stakeholders is ensured through time-locked releases: Core Contributors (Team & Large Investors): Tokens are subject to multi-year vesting schedules with staged releases (e.g., 3-4 years for the team, 1-3 years for large investors). This mechanism ensures that the financial interests of core stakeholders are aligned with the multi-year development and adoption roadmap of the project. Early Supporters (Presale & SBB Investors): These allocations are unlocked according to predefined linear schedules (e.g., monthly releases following an initial lock-up period). This design mitigates market volatility from large, simultaneous unlocks and rewards committed early-stage participants.
Partner Growth Incentives: A dedicated token allocation is reserved for partner companies that drive verified user adoption. Partners earn token rewards for onboarding new users to the WMT wallet, creating a powerful external incentive for ecosystem growth and network effect expansion.
Base-Layer Security Incentives (Solana): As an SPL token, WYT benefits from the security provided by Solana's Proof-of-Stake network, which is maintained by the following incentive model: Validator Rewards: Validators earn newly issued SOL tokens as rewards for processing transactions and securing the network. The reward rate is algorithmically determined by a disinflationary schedule. Delegator Rewards: SOL token holders are incentivized to delegate their stakes to validators, earning a proportional share of the validator's rewards (net of a commission). This process removes liquidity from circulating supply, enhances network security, and provides a yield to passive participants.
Applicable Fees
1. Solana Network Transaction Fees
All operations involving WYT (transfers, smart contract executions) require the payment of a Solana network fee, payable in SOL. Cost Structure: The fee is minimal, typically approximately 0.000005 SOL. Fee Distribution: 50% of each transaction fee is permanently burned (a deflationary mechanism), and the remaining 50% is awarded to the validator that processed the transaction.
2. Validator Commission
Validators may charge a commission fee (commonly between 5-10%) on the staking rewards they generate. This commission is deducted from the rewards distributed to their delegators and compensates the validator for operational infrastructure and services.
3. Account Maintenance Requirement
Solana requires data accounts to maintain a minimum balance of SOL to remain active and exempt from network "rent." While not a recurring fee, this constitutes an initial capital allocation. Wallet software typically manages this requirement transparently for users.
Economic Synthesis
The combined model creates a synergistic economic environment:
- End-Users are incentivized to acquire and utilize WYT for its utility value.
- Partners are incentivized to act as growth agents for the network.
- Investors and Team are economically aligned with long-term success via vesting schedules.
- Validators and Delegators are incentivized with SOL emissions to secure the underlying blockchain, providing a stable and efficient foundation for the WYT ecosystem.
- The deflationary burn of Solana transaction fees introduces a counterbalancing economic pressure to the network's inflationary reward system.
- This multi-faceted approach ensures that all network participants have clearly defined economic roles and incentives that collectively contribute to the security, adoption, and stability of the WowMyToken ecosystem.
S.6. Beginning of the period to which the disclosure relates
2025-05-01
S.7. End of the period to which the disclosure relates
2025-05-14
S.8. Energy consumption
The total energy used for transaction validation and ledger integrity maintenance on the Solana network, upon which WYT operates, is estimated at 5,365,500.00 kWh per calendar year. As an SPL token, WMT's direct environmental footprint is encompassed within the energy consumption of the underlying Solana blockchain.
S.9. Energy consumption sources and methodologies
For the calculation of energy consumptions, the so-called "bottom-up" approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regularly, based on data of the Digital Token Identifier Foundation
S.10 Renewable Energy Consumption
The share of energy used by the Solana network derived from renewable sources is estimated at 14.77% of total annual consumption.
S.11 Energy Intensity
Due to Solana's high transaction throughput, the average energy used per validated transaction is a de minimis 0.00000 kWh.
S.12 Scope 1 DLT GHG Emissions – Controlled
Direct greenhouse gas emissions from sources controlled by the network (e.g., validator-owned generators) are 0.00 tCO2e per year.
S.13 Scope 2 DLT GHG Emissions – Purchased
Indirect emissions from the generation of purchased energy consumed by the network are estimated at 1,873.14 tCO2e per year.
S.14 GHG Intensity
0.00000 kgCO2e per transaction
S.15 Key energy sources and methodologies
The average combined (Scope 1 & 2) greenhouse gas emissions per validated transaction is a de minimis 0.00000 kgCO2e. S.15 Key energy sources and methodologies To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined.
S.16 Key GHG sources and methodologies
To determine the GHG Emissions, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European EnvironmentAgency (EEA) and thus determined.
Last updated