[{"data":1,"prerenderedAt":350},["ShallowReactive",2],{"api/learn-center-post-en-what-is-wen":3,"footer-en":60,"learn/cryptocurrency-guide/what-is-wen-en-seo":258,"navigation-en-learn-center":263,"api/learn-categories-en":311},{"seo":4,"locale":25,"breadcrumbs":26,"excerpt":34,"featuredImage":35,"components":42,"title":5,"formattedPublishedAt":53,"geofencings":54,"category":55,"pagination":57,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"What is Wen? (WEN)","What is Wen? (WEN) - Cryptocurrency Guide","Wen (WEN) is a Solana-based memecoin born from a poem, used for tipping creators and governance in the Wen DAO, created by Jupiter DEX's team.",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/what_is_wen_c3d6f8e5cc_7826aad3cc.png","image/png",".png",1070,644,"what_is_wen_c3d6f8e5cc.png","",[],[20,23],{"pathname":21,"locale":22},"/es/learn/cryptocurrency-guide/what-is-wen/","es",{"pathname":24,"locale":25},"/learn/cryptocurrency-guide/what-is-wen/","en",[27,31],{"id":28,"text":29,"url":28,"asUrl":30},"/learn/cryptocurrency-guide/","Cryptocurrency guide",true,{"id":32,"text":5,"url":24,"asUrl":33},"what-is-wen",false,"\u003Cp>Wen (WEN) is a Solana-based memecoin born from a poem, used for tipping creators and governance in the Wen DAO, created by Jupiter DEX's team.\u003C/p>\n",{"url":36,"mime":37,"ext":38,"width":39,"height":40,"name":41,"alt":17},"bitstampImageUrl/What_is_Wen_a3963eaae7_ba642ca584.svg","image/svg+xml",".svg",1920,1080,"What_is_Wen_a3963eaae7.svg",[43],{"component":44,"props":45,"content":46,"secondaryContent":50,"ctas":51,"secondaryCtas":52,"ctasNoMarginTop":33},"section.full-text",{"centered":33,"withoutSectionContainer":33},{"text":47,"width":48,"align":49},"\u003Cp>Wen is a Solana-based memecoin that originated from a poem. \u003C/p>\n\u003Cp>Each WEN token represents a small piece of the poem “A Love Letter to Wen Bros”. Written by Meow, the pseudonymous creator of the Jupiter decentralized exchange (DEX), the poem was the first NFT minted using the WNS standard that was then fractionalized into tradable tokens.  \u003C/p>\n\u003Cp>The WEN memecoin was developed by the Jupiter team as a means to test the community before they airdropped Jupiter’s native token, JUP, to the DEX users.  \u003C/p>\n\u003Cp>The WEN token can be used for tipping creators online and as a governance token for the Wen decentralized autonomous organization (DAO) to vote on decisions regarding the future of the DAO.  \u003C/p>\n\u003Ch2>Who created Wen?\u003C/h2>\n\u003Cp>Wen was created by the team behind the Jupiter DEX to test out its airdropping mechanics before the release of the JUP token.  \u003C/p>\n\u003Cp>Prior to the launch of JUP, Meow mentioned in several interviews that he was asked countless times online about \"Wen token\" and \"Wen airdrop\", prompting him to write “A Love Letter to Wen Bros” in December 2023. \u003C/p>\n\u003Cp>\u003Cimg src=\"https://fab-baf-msc-cms-strapi-media-production-cms.s3.eu-central-1.amazonaws.com/wen_meow_x_5e6995066b.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIA5CSK3NS6CS3KO6QR%2F20240828%2Feu-central-1%2Fs3%2Faws4_request&X-Amz-Date=20240828T112919Z&X-Amz-Expires=1800&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEBEaDGV1LWNlbnRyYWwtMSJIMEYCIQC8ryWEefQx5LsWFxqzMtN7In0Ln3J4b%2FeA2TwsxHq8qQIhANM0q5Q4OooU7VatBfUzRhre9IXP%2Fqik6dx2KNRR1WoiKpIECCoQABoMODk4ODc4ODkzMjQ0Igyn62oXNTiJybQXHeQq7wOd8g%2FB83BEe3g%2FN6WDGkRxwpy5p91Zb31TZBuwdt3Zn2Prf%2FjRTaC16X9EpKMmCi7Rj%2BY5KeRIu7i%2FC6hG9pSjTrk%2B8F8mWwbdL5IbD0oQlv%2B4424WeVuFEfCI4%2FxLzw9rDErGyOBRF760%2B1fvS1R2mPcOXhE%2Be%2FHkSTSsBG170OLP3TRdrsyegzhim4etdt%2BcP%2BwUPIQSdw0hU9mB%2FCfr49wzcxyQqMYbCkURxYyJREsn8uRsvULG0X1IxILP3RuM9b8lwLFVrXlXm0IJu6Jq1pApGuwzx6dHja3w0sR9S98nINXXw1JHKIcnhXlmXq3BotnQF8xMbj8FdtTlqM%2B4WdBVBazhvZRo5EVBWR7%2FMt3lXpnC1k9iPneMwz8jBD%2BmQ1Ol%2FCgGBvAJ4d6WQB6B%2B%2BdQQjLTCJrtL9hrPy4cxc0Ekarh2UBACipHKZcLQkbnnATYtP4UvyEEuMFtA7C3DYh%2B2zxeamEqJutPBL5jB%2B2Dr%2FlF1HpFUtLRMvTFr23rfSSA80MRy%2B4AlKFisTvIC4rC3I2oatU19xrGFgLtjtWNBrK%2BylMsxvCYyJS4Aa4IPkQnUDuNq64P9knONdWxaOTQaAxLYE5P3%2BorAfYhotcwYg82cRP147m6lbIKqfY%2F3%2BO5kxzS57Bu%2FSvO34Ew0M27tgY6pQFYDsOIUzWoc0yzfODmTTzraZQko4bpg5V9oPEkwP6r3G2dM3GC88mzHclUGiFqO2eodiMCTVlWVgxfKV8HY8eGrSrwgzUldR%2BzYto6LCInqLRRcvEx26DtwT0v4R8cz02paf2DHNr2rBM3Uu8W3bFAx57ll5H4SC28sD1nLNrLgYgVmEvu%2BeAAXPCMziSZp67gQGMSDxEEazbKeWrL%2FwrQ8vWlRDk%3D&X-Amz-Signature=45ffdcd3d0759e42850634cdf6ef502840152250e8fe0992dc0509089c46018c&X-Amz-SignedHeaders=host&x-id=GetObject\" alt=\"wen meow x.png\">\u003C/p>\n\u003Cp>Meow's poem became a hit within the community, prompting them to mint the poem as an NFT. Lacking expertise, Meow delegated the minting process to the Ovols team (a Solana-based NFT project), who minted the poem and divided the NFT into 1 trillion tokens, with each token representing a fractionalized ownership of this poem. \u003C/p>\n\u003Ch2>How Does Wen Work?\u003C/h2>\n\u003Cp>At its core, WEN was developed by the Jupiter team as an experimentation before airdropping Jupiter’s native token, JUP. \u003C/p>\n\u003Cp>The “A Love Letter to Wen Bros” poem was minted using the WNS standard, a new standard aimed at streamlining the NFT creation process by lowering costs, increasing NFT flexibility, and allowing for cross-platform compatibility. The WNS standard comes with a Token Extension program that enables NFTs to be fractionalized into tokens.  \u003C/p>\n\u003Cp>The poem was fractionalized into 1 trillion WEN tokens and  distributed to several Solana communities, including Jupiter DEX users and blue-chip NFT holders, on Jupiter's LFG Launchpad to stress test the launchpad ahead of the JUP release. \u003C/p>\n\u003Cp>Wen seamlessly integrates with the broader Solana ecosystem so that it is compatible with various wallets, exchanges, and many decentralized applications (dapps), and is used for: \u003C/p>\n\u003Cp>Tipping and rewards: Built to foster a culture of appreciation and support, WEN is used to tip content creators and to reward engaged community members that participate in online discussions, events, and other initiatives. \u003C/p>\n\u003Cp>DeFi functions: Wen can be traded for other cryptocurrencies and used in yield farming strategies to earn additional rewards. \u003C/p>\n\u003Ch2>WEN Tokenomics\u003C/h2>\n\u003Cp>WEN has a total supply of 1 trillion tokens, distributed as follows: \u003C/p>\n\u003Cp> Community: 55% — 550,000,000 WEN \u003C/p>\n\u003Cp>Contributors: 22% — 220,000,000 WEN \u003C/p>\n\u003Cp>Investors: 18.8% — 188,000,000 WEN \u003C/p>\n\u003Cp>Advisors: 1.2% — 12,000,000 WEN \u003C/p>\n\u003Cp>Treasury: 3% — 30,000,000 WEN \u003C/p>\n\u003Cp>The WEN team airdropped 70% (around 700 billion) tokens during a three-day distribution. After the airdrop period ended, all unclaimed WEN were destroyed, which accounted for around 27.24% of the total supply. \u003C/p>\n\u003Ch2>Wen essentials\u003C/h2>\n\u003Cp>Wen is a Solana-based memecoin that originated from a poem, fractionalized into 1 trillion tokens. \u003C/p>\n\u003Cp>The token was created by the Jupiter team to test its airdropping mechanics before the launch of their native token, JUP. \u003C/p>\n\u003Cp>WEN is used for tipping creators, community engagement, and DeFi functions like trading and yield farming. \u003C/p>\n\u003Cp>700 billion WEN tokens were airdropped, and unclaimed tokens were burned, reducing the total supply. \u003C/p>\n","full","left",{"text":17},[],[],"August 28th, 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20 3868 9628","+442038689628",{},{},{"noFollow":33,"isExternal":33,"name":242,"value":243,"isEmail":33,"isPhoneNumber":30,"isText":33,"showOnDesktop":30,"showOnMobile":30,"attachment":244,"geofencings":245},"+1 800 712 5702","+18007125702",{},{},{"noFollow":33,"isExternal":33,"name":247,"value":248,"isEmail":33,"isPhoneNumber":30,"isText":33,"showOnDesktop":30,"showOnMobile":30,"attachment":249,"geofencings":250},"+352 20 88 10 96","+35220881096",{},{},{"noFollow":33,"isExternal":33,"name":252,"value":253,"isEmail":33,"isPhoneNumber":30,"isText":33,"showOnDesktop":30,"showOnMobile":30,"attachment":254,"geofencings":255},"+65 3105 1676","+6531051676",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"description":7,"ogDescription":7,"ogImage":259,"twitterImage":259,"twitterSite":260,"twitterCreator":260,"twitterCard":261,"twitterTitle":6,"twitterDescription":7,"titleTemplate":262},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/what_is_wen_c3d6f8e5cc_7826aad3cc.png","@Bitstamp","summary_large_image","%s",{"items":264,"ready":30,"platformButtonText":307,"backButtonText":308,"logInButtonText":309,"signUpButtonText":310},[265,269,273,276,279,282,285,290,293,298,303],{"headerName":266,"sidemenuName":137,"url":138,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":267,"submenu":268,"tag":17},"Institutions",{},[],{"headerName":129,"sidemenuName":129,"url":130,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":270,"submenu":271,"tag":272},{},[],"NEW",{"headerName":152,"sidemenuName":152,"url":153,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":274,"submenu":275,"tag":17},{},[],{"headerName":109,"sidemenuName":109,"url":110,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":277,"submenu":278,"tag":17},{},[],{"headerName":119,"sidemenuName":119,"url":120,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":280,"submenu":281,"tag":17},{},[],{"headerName":124,"sidemenuName":124,"url":125,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":283,"submenu":284,"tag":17},{"geofencing-uk":30},[],{"headerName":286,"sidemenuName":286,"url":287,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":288,"submenu":289,"tag":17},"Markets","/markets/",{},[],{"headerName":114,"sidemenuName":114,"url":115,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":291,"submenu":292,"tag":17},{},[],{"headerName":294,"sidemenuName":294,"url":295,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":296,"submenu":297,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":299,"sidemenuName":299,"url":300,"noFollow":33,"showInHeader":30,"showInSidemenu":30,"geofencings":301,"submenu":302,"tag":17},"Learn","/learn/",{},[],{"headerName":304,"sidemenuName":304,"url":110,"noFollow":33,"showInHeader":33,"showInSidemenu":30,"geofencings":305,"submenu":306,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[312,316,320,324,328,332,334,338,342,346],{"title":313,"url":314,"geofencings":315},"Blockchain technology","/learn/blockchain/",{},{"title":317,"url":318,"geofencings":319},"Company profiles","/learn/company-profiles/",{},{"title":321,"url":322,"geofencings":323},"Crypto 101","/learn/crypto-101/",{},{"title":325,"url":326,"geofencings":327},"Crypto definitions","/learn/crypto-definitions/",{},{"title":329,"url":330,"geofencings":331},"Crypto trading","/learn/crypto-trading/",{},{"title":29,"url":28,"geofencings":333},{"geofencing-uk":30},{"title":335,"url":336,"geofencings":337},"People profiles","/learn/people-profiles/",{},{"title":339,"url":340,"geofencings":341},"Security","/learn/security/",{},{"title":343,"url":344,"geofencings":345},"Tutorials","/learn/bitstamp-tutorials/",{},{"title":347,"url":348,"geofencings":349},"Web3","/learn/web3/",{},1777532312545]