What is Wen? The story of the birth of WEN memecoin and Founder Jupiter

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8 Feb 2024
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Wen is a memecoin that has emerged recently, because it is related to a famous project in the Solana ecosystem - Jupiter. So what is Wen? Why is Wen mentioned by many people in the crypto community?
What is Wen?
Wen is a memecoin on the Solana ecosystem and was created by the Founder of Jupiter and the Ovols NFT project. The origin of the WEN token is full of memes, starting from Founder Jupiter's satirical poem sent to members who constantly asked "wen airdrop", "wen token", "wen JUP"... Although he wrote the poem in frustration because he was constantly bothered, the poem began to receive positive responses in the community, from those who asked "wen" to those interested in the project, even many people.
The Founder also had sympathy for him. At this time, he realized that "wen" questions from the community were a necessary cycle when operating the Web3 project. Immediately after that, Founder Jupiter contacted the Ovols NFT project to create a 1/1 NFT that "immortalized" the satirical poem and marked a milestone in his journey to building the project.
The story of the WEN token does not stop here, Jupiter's community also wants a "memento" to mark column one about Founder Jupiter's sense of humor. So they want Founder Jupiter to be able to create NFTs for the community.
Finally, Founder Jupiter and Ovols created NFT WEN specifically for the community. Many people believe that the story of NFT WEN is very much a meme story in crypto, when every project has certainly received the question "wen token" from the community, even some projects that cooperate with each other will there is a similar question “wen…”.
Highlights of the WEN token
The original purpose was to create WEN NFTs for the community, but the number of users is so large that creating a large number of NFTs will cause network congestion and high costs. Therefore, the Ovols NFT team used a token standard specifically for memecoin WEN called WNS 0.0. Low transaction fees. Shared data with Founder Jupiter's 1/1 Wen Poem NFT. Shared data with Founder Jupiter's 1/1 Wen Poem NFT. Built on Token2022 - a protocol on Solana with reduced transaction costs, flexibility and high ecosystem interoperability. Built on Token2022 - a protocol on Solana with reduced transaction costs, flexibility and high ecosystem interoperability.
WEN Token là gì?
WEN Token Key Metric Token name: Wen.
Ticker: WEN.
Blockchain: Solana.
Contract: WENWENvqqNya429ubCdR81ZmD69brwQaaBYY6p3LCpk.
Total Supply: 1,000,000,000,000 WEN.
WEN Token Use Case WEN là memecoin nên hiện chưa có nhiều công dụng trong hệ sinh thái Solana. WEN Token Allocation Dưới đây là số lượng phân bổ token WEN:
Airdrop: 70%.
Liquidity Pool: 20%.
Treasury: 10%.
On January 26, 2024, WEN officially airdropped to the community with the following criteria: Users trade on Jupiter with a volume of at least 5 USD. Ovols NFT Holder. Bluechip NFT holders on Solana like Mad Labs, Solana Monkey Business… Genesis Saga (Solana Saga Phone Buyer). All of the above criteria will receive an airdrop of 643,652 WEN.
WEN Token exchange Currently, the Ovols team has provided liquidity on two DEXs on the Solana system including: Meteora. LFG launchpad by Ovols. Project team WEN token is a memecoin created by Founder Jupiter - @weremeow and the Ovols NFT project team.
However, according to Founder Jupiter, he only contributed to building the WEN meme, but the value of the token will depend on the Ovols NFT project and the community.

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