Token Generation Event - Monday, February 20th.
WTR will become publicly available to everyone, and will initially be available to be purchased on both Deepwaters and MEXC global!

Convert $DELVE to $WTR
Community members who earned $DELVE by participating in our first testnet, referral contests, twitter promotions, etc. will be able to convert their $DELVE to WTR at a ratio of up to 1:1, depending on a lockup schedule chosen by the user (chart below, claim page coming soon).

Testnet V2 token claim

Community members who participated in V2 of the Deepwaters testnet (from Nov 16 00:00 UTC to Feb 14 06:00 UTC) will be able to claim their earned WTR through the upcoming claim page. Amount of WTR earned will depend on the chosen lockup schedule (chart below).

FTX Airdrop

Users who lost assets when FTX collapsed and participated in the Deepwaters FTX airdrop will be able to claim their share of $100,000 worth of WTR through the upcoming claim page. As with the others, the amount of WTR will depend on the chosen lockup schedule. However, users will receive their maximum allotment whether or not they have passed KYC.

Trading Contests (1 & 2) Airdrop

Users who participated in the January testnet trading contests will receive their WTR airdrop directly to their account on Deepwaters. There will be no lockup periods for this, and users will all receive their full WTR allotment immediately.

How do I know what I earned?

You simply have to submit your wallet on the upcoming claim page, choose your lockup period (if applicable) and your rewards from all events and promotions you participated in will be calculated automatically.

What about KYC?

Users are NOT required to go through KYC and register on Deepwaters to claim WTR rewards; however, rewards will be higher for those who sign up for Deepwaters before claiming. Users will be able to choose whether or not to pass KYC to receive WTR rewards on the upcoming claim page.

Users who cannot or do not claim their WTR on Deepwaters will receive their normal allocation. Users who have passed KYC and claim on the Deepwaters platform will receive 150% of their earned WTR. Claims will never expire, and EVERYONE begins their token lock-up period on Monday, February 20th, regardless of when they chose to claim.

We know the KYC process has been a pain for a lot of people so far, and this is a priority for us in the coming weeks. We have onboarded 2 new support staff, and are in near-constant communication with Fractal to improve both our processes and theirs. We’re in a better position now than we were two weeks ago, and we’ll continue to improve this process in the near future. We want to ensure that as many people as possible can use Deepwaters!

WTR Claim Periods