$WATER Purchase Tokenomics

Water Purchase Process

  1. User initiates purchase request of $WATER with either USDC or Fiat.

  2. If $WATER is available, this is auto approved and $WATER is transferred to the user.

    1. If $WATER is unavailable, Waterlab will reach out to the defined water producer to produce more water, which will then allow a $WATER mint.

  3. The USDC or Fiat is transferred to water producer, purchasing more water production.

  4. Upon completion of the water production, WaterLab mints $WATER associated to the amount produced.

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