💸Nodes
Overview
Using the funds in the WolfPac to buyback to peg will, quite simply, not always work. We may return to 80-90cts, perhaps even peg, but the swing traders and opportunists will present themselves and sell into any rally. We have devised a strategy that rewards our community.
Any remaining WolfPac funds will be used to:
• Support a return to peg
• Defend the peg once we reach it
In order for the funds to have the greatest impact we must remove tokens from circulation (by creating nodes). Decreasing the supply will help reduce the market sell pressure as we attempt to re-peg.
An extensive marketing campaign including Live YouTube AMAs, Influencer Videos, paid advertising and more, will be used to communicate our plan and attract new investors.
In order for this strategy to work ALL holders must put their WOLF into nodes to remove these tokens from circulation and limit the market sell pressure. We understand that locking up WOLF is not ideal for our investors, however this is essential to attract new investors and to reassure them that they will not be providing exit liquidity for current supply holders. By purchasing nodes, you are not only buying a high yield asset, crucially, you are investing in the long-term viability of our protocol. We cannot do this alone and will require the support of you, the WolfPac, to make this strategy successful.
A step-by-step guide, detailed explainer and overview of nodes will be provided at a later time via the docs.
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