Buy & Swap WEMIX (WEMIX)

A chain built for games and apps

The WEMIX3.0 documentation describes the network as an ecosystem for apps, games, DAOs, DeFi and NFTs. It is EVM-compatible, forked from Ethereum, so contracts are written in Solidity and existing Ethereum tooling carries over.

The headline specifications in the docs are 40 Node Council Partners, a maximum throughput of 4,000 transactions per second and a Permanent Minting Reward per block. Around the chain sit three services: WEMIX PLAY for blockchain games, NILE for DAOs, and decentralized finance.^{[1], [2], [3]}

Stake-based proof of authority

WEMIX calls its consensus Stake-based Proof of Authority (SPoA). Only approved members, the authorities, can produce blocks, which is what makes fast, predictable block times possible. The twist is that each authority must also stake WEMIX, giving it something to lose if it misbehaves.

Becoming an authority is a published process: a clear identity, a legal contract with the WEMIX Foundation, disclosure of basic information and WEMIX staked to the registry contract. An existing member then proposes the newcomer, and more than half of current members must approve.

Block producers are chosen using etcd, an open-source implementation of the RAFT agreement method, rather than through a mining race. The documentation explains that the team found proof of work and proof of stake unsuitable for the real-time public service it wanted.^{[4], [5], [6]}

Governance on-chain

Rules that can change, such as adding or replacing an authority member, are held in a governance contract and decided by vote. Results finalised in block n take effect from block n+1, so changes land at a precise, auditable point.

The docs describe two phases of voting power: in Phase 1 votes were weighted by the amount staked, and in Phase 2 every authority receives equal weight. Staking itself is done only through the official Governance dApp.^[7]

Supply after the Brioche hard fork

WEMIX's minting page says the Brioche hard fork permanently capped maximum supply at 590 million WEMIX. It also introduced halving to the per-block reward: minting began at 1 WEMIX per block (86,400 a day, 31,536,000 a year), the first halving cut annual minting to about 15 million, and the reduction repeats every 63,115,200 blocks.

Alongside the cap, the foundation says it reorganised its holdings by function and burned a significant portion of the remaining tokens. WEMIX also follows the ERC-20 standard, so it can be bridged to other EVM chains.

Read together, these pages describe a chain that put predictability first. Block producers are known and accountable, the voting rules are written into a contract, and the coin's issuance follows a published, shrinking schedule with a fixed ceiling. That combination suits a games-led ecosystem where players and studios want quick confirmations and steady costs more than open, anonymous block production. The trade-off is plain in the documentation too: joining as an authority is a vetted, contractual step, not something anyone can do from home. For holders, the useful takeaway is that the rules governing WEMIX's supply and block producers are documented in one place and can be checked against the chain itself.^{[8], [9], [10]}

What remains unknown

Current circulating supply, the present per-block reward after recent halvings and the live list of Node Council Partners are UNKNOWN from the documentation used here; check the chain explorer for current figures.