### WAV Token Utility

Source: https://docs.waveonsui.com/token/wav-token

Details the various use cases and functionalities of the WAV token within the Wave Ecosystem. These include payment methods, commission fees, DeFi profits and staking, exclusive access to meme tokens, and a buyback & burning mechanism.

```APIDOC
Token Utility:
- Payment method: Primary currency for transactions in Wave’s dApps, games, DeFi, and Wave Trading products.
- Commission fees: Third-party dApps and games integrated into Wave must pay fees using $WAV.
- DeFi Profits & Staking: $WAV holders can earn interest and staking rewards through Wave’s DeFi products.
- Exclusive Access to Meme Tokens: Holders get early access to meme token presales and launches via WavePad and WaveStaking.
- Buyback & Burning Mechanism: Platform profits are used to buy back and burn $WAV tokens, reducing inflation and ensuring long-term value.
```

--------------------------------

### WAV Token Allocation

Source: https://docs.waveonsui.com/token/wav-token

Outlines the distribution plan for the WAV token across different categories. This includes seed, private, and public rounds, liquidity, ecosystem, airdrops, community, advisors, and the team.

```APIDOC
Token Allocation:
Category | Allocation (%)
--- | ---
Seed Round | 10
Private Round | 12
Public Round | 1.5
Liquidity | 4
Ecosystem | 30
Airdrop Season 1 | 10
Community | 15
Advisors & Early Contributors | 8
Team | 9.5
```

--------------------------------

### WAV Token Vesting Schedule

Source: https://docs.waveonsui.com/token/wav-token

Details the vesting schedules for various allocations of the WAV token. This specifies release percentages at TGE (Token Generation Event), cliff periods, and linear vesting durations for different categories like seed, private, public rounds, ecosystem, and team.

```APIDOC
Token Vesting Schedule:
Category | Vesting Schedule
--- | ---
Seed Round | 10% at TGE, 3 months cliff then linear vesting over 12 months
Private Round | 10% at TGE, 3 months cliff then linear vesting over 9 months
Public Round | 20% at TGE, 2 months cliff then linear vesting over 4 months
Liquidity | 100% at TGE
Ecosystem | Linear vesting over 60 months
Airdrop Season 1 | 20% at TGE, then linear vesting over 4 months
Community | 5 months locked, then linear vesting over 55 months
Advisors + Early Contributors | 1 year fully locked, then unlock over 24 months
Team | 1 year fully locked, then unlock over 48 months
```

--------------------------------

### WAV Token Contract Address

Source: https://docs.waveonsui.com/token/wav-token

The contract address for the WAV token on the Sui blockchain. This identifier is crucial for interacting with the token's smart contract, enabling transactions, staking, and other ecosystem functions.

```Sui
Contract Address: 0x82616322719cb327186d5b83a6d7783ce5cef4c5dbd4c6d1b5f3d6e5d288e2be::wav::WAV
```

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