Staking: The Werewolf Formula
Over time, the crypto space has seen a variety of staking mechanisms with varying degrees of APY and rewards. Among these mechanisms, the bonding curve offers one of the most rewarding staking mechanisms as it leaves room for the increase in APY and rewards with time. The Werewolf ecosystem has presented one of the most interesting representations of bonding curve and by extension, staking mechanism using its Werewolf Coin and WOLF token.
The Initial Bonding Curve Offering using WOLF Token
The Werewolf ecosystem provides Initial Bonding Curve Offering in which the price of the token is determined by its supply. The more the tokens are distributed, the higher the token’s price. Every subsequent purchaser will have to pay higher than the previous, which will systematically increase the profits of every buyer.
WOLF Token is a standard ERC-20 token smart contract that can be purchased using ETH. It is minted with collateral to Ethereum to ensure the scalability of the token supply.
Name: Wolf token
Initial Supply: 721000
Initial Price: $0.0018
Contract Add: 0x7F13Dbb949C48f2A377FA4Db4f2d5221eCBF3dF9
Yield Farming with Werewolf Coin
Apart from the WOLF token, the Werewolf Ecosystem has a native utility token WWC, that is also subsequently utilized for the governance model of the platform. Being a werewolf-inspired project, the Werewolf Ecosystem has developed twelve staking pools based on 12 full moons in the year. Every pool carries a reward based on time.
The staking pools are named Wolf Moon, Snow Moon, Worm Moon, Pink Moon, Flower Moon, Strawberry Moon, Buck Moon, Sturgeon Moon, Corn Moon, Harvest Moon, Beaver Moon, and Cold Moon.
Every Moon staking pool is active on a specific ending date and has varying rewards in the form of Werewolf Coins. The WWC reward increases with every moon, and it is updated in real-time on the user’s dashboard. Along with the Werewolf Coin, the users can also earn Beta and Omega Werewolf, which is Decentralized Werewolf Assets (NFTs).
About The Werewolf Ecosystem
The Werewolf Ecosystem harnesses the power of blockchain technology to evolve cryptocurrency. The Werewolf Ecosystem consists of decentralized finance-based applications such as Decentralized Exchange, Staking, Decentralized Asset Marketplace, Finance Gaming, and more to come.
The Werewolf Ecosystem is powered by its utility token, Werewolf Coin that is used as the governance token in the ecosystem and as an internal currency. To learn more about Werewolf, visit https://werewolf.exchange/index.html.