PROLOGUE
PROLOGUE trades today; 25 million of a proposed one-billion WYRM supply is reserved for a future holder redemption whose snapshot and claim process are not yet live.
What is live
PROLOGUE is a separate token launched on pools.trade before WYRM. Its PROLOGUE/ETH pool is a Uniswap v4 pool without a Wyrm liquidity ledger. Trading generates a creator fee that can fund weekly Wyrm provider rewards under the current treasury policy.
The intended redemption
The current proposal reserves 25,000,000 WYRM for eligible PROLOGUE holders. Only PROLOGUE held directly in your own wallet at the snapshot counts. Tokens that sit elsewhere at that moment, such as in pool liquidity, are not eligible, and the permanently locked launch liquidity never will be. If the entire one-billion PROLOGUE supply were eligible, the ratio would be 40 PROLOGUE for 1 WYRM; because part of the supply is excluded, the final ratio would be:
eligible PROLOGUE at the snapshot / 25,000,000 WYRM.
That formula makes 40:1 the worst ratio only if eligible supply cannot exceed total supply. Historical estimates such as roughly 35:1 were snapshots, not promises. Trading volume alone does not guarantee an improvement; the eligible balance at the final snapshot is what matters.
Launch status
No redemption contract, eligible-balance snapshot or final claim process is live. The snapshot date has not been announced; it will be published through official Wyrm channels at least a couple of days in advance. Earlier public communications named 5 October 2026 as a token-generation date, while other Wyrm material said no date was announced. This documentation treats that date as unconfirmed unless Wyrm confirms it the same way.
Why WYRM is separate
A pools.trade launch commits its fixed supply to pool liquidity. The planned ve(3,3) system, described under Wyrm Governance, needs a separate emissions reserve, so WYRM cannot use the same launch structure as PROLOGUE. The full proposed WYRM allocation, including the 2.5% PROLOGUE reserve, is listed there.