Wise Token, hereinafter referred to as WISE, is an ERC-20 compliant smart contract deployed on the Ethereum blockchain. WISE is a decentralized, fairly launched, automatically liquid, trustlessly exchangeable, interest-bearing, bond-like token.The core purpose of the token—staking—is similar to both bonds and CDs (certificates of deposit): rewarding the holder with earned interest in exchange for locking up their funds for a period of time. WISE incorporates some of the features from both of these traditional instruments but improves greatly upon them.WISE stakes have higher return, much lower risk (due to being decentralized and trustless), and far higher flexibility than both bonds and CDs. No more trusting banks and governments to stay solvent and not change their rules. No more worrying that a bond issuer may default on you.Bonds tend to be somewhat higher risk, higher return, and pay out interest regularly on a set schedule (typically every six months).CDs tend to be lower risk, lower return, and only pay out interest on their maturity date.WISE is most similar to a bond, in that it earns relatively high interest, but allows users to withdraw it whenever they want. It is superior to bonds and CDs in every way:WISE gives the staker complete flexibility in choosing exactly when to withdraw their interest during the life of the stake. You can withdraw interest daily, irregularly, wait until maturity, or whatever you like!Wise Decentralized Finance
WiseSoft, LLC was formed January, 2021. Its purpose is to fund various related software and websites in the WISE ecosystem.The contract source code is available on the GitHub repository and was created by the same team that created WiseSoft. A paid, professional audit of the contract source code has been completed and included in this document.The contract allows users to earn interest on WISE token time deposits called stakes, which are most similar to bonds, but more flexible. A stake earns interest like a bond, but with the added feature of allowing interest withdrawals at any time during the life of the stake; not something bonds allow. These bond-like interest-bearing stakes in WISE are always fully in the custody of the user and their wallet, never held, influenced, or able to be confiscated by any third party.We believe the Team are a group of very capable professionals and trust that they will bring this project to great heights