FAQ's
Frequently Asked Questions.
Who is behind Black Wolf?
An experienced team of devs, marketers and huge crypto enthusiasts who have operated within the space for several years and through bear markets. They have created valuable relationships with the most influential and knowledgeable individuals in crypto along the way.
Generally speaking, what is the easiest flow to follow for compounding rewards?
The following is NOT FINANCIAL ADVICE. It is for educational and entertainment purposes only.
There are countless strategies, and which one you choose depends on your risk tolerance and short, medium, and long-term goals. That being said, the "plug-and-play" method is detailed below. Also, take some profits along the way. Don't get too greedy.
If WOLF is OVER the peg:
Buy WOLF and pair it with BUSD to provide liquidity and stake your WOLF -BUSD LP in the Banks to earn PACK rewards.
Take your PACK rewards and stake them in the Bull Arena to earn inflationary WOLF rewards.
Sell half of your earned WOLF for BUSD, and compound it back into the WOLF-BUSD.
If WOLF is UNDER the peg:
Buy WOLF and exchange it for HOWL. If you are LP'ing, you can break the LP to exchange WOLF for HOWL, and use the remaining BUSD to buy WOLF to also exchange for HOWL. Now you have a big fat bag of HOWL, and you've also helped bring WOLF back above peg so that the Boardroom can resume printing.
Sell HOWL for a redemption bonus once WOLF is back over peg
What is an expansionary epoch?
An expansionary epoch is the amount of WOLF that is printed by HOWL in order to increase the total circulating supply.
To simplify the explanation with a hypothetical example, let’s say an epoch is 3 days long and there are $100 dollars in the circulating supply.
If the money printer grows the supply by 14% of the existing circulating supply each day, at the end of the 3 days you'd have 100*1.14*1.14*1.14 = $148.1544.
Then, let’s say the emissions decrease to 5% per day.
You’d then have have $148.1544 *1.14*1.14*1.14 = $219.4 at the end of this second epoch.
What is the use case of $WOLF & $PACK?
The $WOLF token is a mirrored asset to the BUSD token. Initially the main utility will be to allow holders to use WOLF-BUSD LPs to earn more $WOLF and more $PACK tokens.
PACK allows holders to earn $WOLF and $PACK tokens. The mechanism for earning is largely different from that of the $WOLF token. PACK tokens can be staked singly in order to earn $WOLF. If you wish to use $PACK to earn more $PACK you will need to provide $PACK-BUSD LPs. Both tokens act as incentives to promote holding of the other token. Since $PACK has a limited supply of only 100,000 tokens, it makes sense to accumulate as much as possible as, with a higher share, you will be able to claim a larger share of $WOLF inflation.
Why are you pegging to a stablecoin?
Simply put, pegging to BUSD helps to lower the risk for investors who intend to participate. Using the algorithm mechanism we intend to ensure that the WOLF token is always above or at peg. Therefore, investors will only “loses value” if WOLF remains consistently below peg, as that would mean they are not able to efficiently earn from it. We have employed several mechanisms to ensure that WOLF tokens will not stay under its peg for prolonged periods of time.
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