πŸ‘‹Intro To DarkWolf Finance

A Tomb fork built around an algorithmic token pegged to BUSD on the Binance Smart Chain.

The algorithm assists in the increase of the supply in event of the deflationary tendency of the token or reduce the supply in event of a decline in purchasing power of the token. Therefore, the supply and demand of the WOLF token is balanced, helping to maintain its peg to 1:1 BUSD.

Overview

Combining the most successful elements of the legendary algorithmic token project Tomb Finance on Fantom, with the recently established Toxic Deer on Cronos, WOLF is an algorithmic Stable coin pegged to the price of 1 BUSD via seigniorage:

Wolf Finance is a multi-token protocol that consists of the following three tokens:

  • WOLF (peg): The algorithmic token pegged to BUSD

  • HOWL (share): Holders can claim WOLF inflation when the network expands

About Wolf

The protocols underlying mechanism dynamically adjusts WOLF's supply, driving its price up or down relative to the price of BUSD. Peg should remain at $1, however there may be times when WOLF loses its peg and, if our protocol is functioning as intended, WOLF will follow BUSD to keep pegged 1:1.

A large percentage of expansion will go towards the WolfPack - a second line of defense in the event of depegging.

With significant increases in Defi TVLs, smart contract abilities and rapid development of L1 chains, we feel that aiding in the increase of liquidity of stables is now more important than ever, especially with the ambition to attract more investors from traditional financial systems to the world of crypto (adding value in current bear conditions).

Disclaimer

Investing in Defi protocols can be risky and may result in monetary loss. By using DarkWolf Finance, you agree that the DarkWolf Finance team is not responsible for any financial losses you may incur, nor do we guarantee returns now or in the future. Black Wolf Finance does not operate or control the contracts on the blockchain of this protocol. These are open and permissionless and we are unable to prevent anyone from using the protocol directly from the blockchain. In using these contracts you acknowledge that you understand this and are complying with the laws of your local jurisdiction. Always do your own research before investing.

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