The WOLVES of WALL STREET — Innovation, Website, Roadmap

Innovation

Our use of NFT’s & SFT’s

In our first article, we introduced to you our vision and our non-anon team.
Today we are diving deeper into the use cases of NFTs (Non-Fungible Tokens) and SFT’s (Semi Fungible Tokens) and show you what makes our project innovative and unique. We are also going live with our marketing website, as well as a rundown of the pre-sale roadmap.

How we introduce innovative use of NFT’s into the DeFi
space

NFT’s are most usually minted as ERC-721 tokens. These are unique non-fungible (non-replicable) tokens described as collectables. Because of their unique token features, they are perfect to be minted with artwork along with rarity such as 1 of 20 similar to printed artworks. This can be kittens, memes pretty much anything you want. So far so collectible. However, these NFT ERC-721 token types can’t do much more than being a collectible, and that is their value, but because they are not a currency (Fungible) they aren’t able to integrate with the 3 pillars of DeFi in a way that we feel gives innovation, higher value and expands the gamification element.

This is where other crypto gaming folks like Enjin or Aavegotchi come in. Enjin’s solution was to create a token type that is both currency and collectible at the same time and can hold value without wrapping it around token currency. This token format is called ERC-1155 - an SFT (Semi Fungible Token). Aavegotchi which also has a DeFi gamification goal uses their SFT’s with collateral staking value in order to then interact with AAVE protocol which is more similar to our project. In the meanwhile quite a few projects do use ERC-1155 tokens to enable users to stake what they believe are NFT’s but in reality, they are SFTs. Why complicate things by calling them SFTs when you just say “Stake your NFT to receive rewards!”

Our solution is more in-depth and our goal is to have our SFT’s jump fully into the DeFi space with both feet, and we do this by also using ERC-1155 token type but expanding its use-case with a unique wrapping of actual-entire Ethereum contracts in order to give our SFT’s complex decentralized, automated organizational (DAO) capabilities with individual and unique performance metrics when unleashed in Yearn and other well-established strategies. Rather than the platform being the DAO and contract holder, and different NFT’s, carriers of value, or using staking collateral like Aavegotchi that interact with that DAO, we are creating SFTs that are the DAO, unique in their capabilities befitting of their rarity, that once purchased and given budget and access to the trading floor, a.k.a. our d’app, can sit in your wallet creating unique levels of profit in multiple strategies. Users of SFTs can stake and farm in a decentralized manner which means your SFT can sit in your wallet without being locked into a platform and it will continue trading the value it has been assigned in the profit-seeking strategy. Additional locking in our liquidity and stable coin pools on our d’app is leveraging the return on investment significantly. Later abstractions will allow secret enhancements to each SFT in order to increase their overall capabilities and ability to gain rewards within the protocols and therefore allow for further gamification.

Your SFT will be gaining value through individual profit-seeking, rewards, enhancements, gamification, rarity and demand.

The exact gameplay and investment strategy within our protocol will be explained in the next article.

THE WOLVES and THE BOIS: Introducing our protagonists.

We are taking our project back to the core of DeFi: trading. Inhabiting the USA financial center of trading that is Wall Street. Who doesn’t want to be a wolf of wall street? — but in our case, you literally can. And like every good ecosystem, you need balance. We have two factions that interact with our DeFi pillars and they are 1. the liquidity providers which can stake their LP token (holder & stakers) and 2. the stable coin farmers.

Our first groups are the holders and liquidity pool providers. Who better to represent a personification of lone holders and stakers than the eponymous Wolf. Made famous by films and fables, they are the true face of ruthless trading and cunning profit-seeking. Our wolves will be programmed to do your bidding at all costs. But they are also misunderstood. Yes they may exist as lone operators, yes they may be after quicker wins and early rewards, but they are often champions of projects and their existence largely feeds the success of a project and those around them, as well as benefiting the DeFi ecosystem.

Our second group are stable coin farmers. We characterize them as the Good Bois aka the Bois, aka dogs. They are the dependable backbone of DeFi providing the large-scale stable coin liquidity befitting of large business owners and corporate leaders. As long-term strategy profit earners, they understand the benefits of the long play and compounding profit. Their stable coin interest and farming yield are further enhanced by compounding mechanics especially for Business Bois, a private glad-handing club for stable coin profit makers only. More on that later!

They are strong in their own right and are here to stay and here to earn, and yet paradoxically they aren’t always that beneficial to a given project due to their fondness for stable coin liquidity, DeFi strategies, and generally entitled existence. Because of this the wolves aren’t happy, and they’re going to do some corporate raiding - another unique feature to the d’app and the gamification concept. More about the exact gameplay you can find in our next article.

Website

Our marketing microsite is live.

This site will serve as an informational and aspirational center before our d’app goes online. Here you can find all information about the project, the roadmap and the team themselves. We are managing our pre-sale directly through a React element which calls into a unique Solidity contract on Ethereum, allowing the pre-sale to be fully decentralized, transparent and secure. More about the pre-sale you can find in our next article.

https://www.wolvesofwallstreet.finance/

Roadmap

For a clear orientation until the launch of the d’app we have created a roadmap which shows the most important milestones. This includes most importantly the pre-sale, the Uniswap listing and an AMA we will be doing prior pre-sale. More information will be updated in the next article.

We are still at the beginning of an exciting journey, bringing DeFi, NFT and gamification into a high profit, secure, sustainable and fun use-case.

Join the WOLVES OF WALL STREET now!

— we are looking forward to take this journey with you!

The PACK

LINKS:

Website: https://www.wolvesofwallstreet.finance/

Twitter: https://twitter.com/WolvesWallst

Medium: https://wolvesofwallstreet.medium.com/

Telegram: https://t.me/wolveswallstreet

Discord: https://discord.gg/CCqZtze8kg

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A DeFi project expanding the use & value of NFTs as a CRYPTOFOLIO with implemented yield earning protocols, allocated assets, rewards & shared profit.

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Wolves of Wall Street

Wolves of Wall Street

A DeFi project expanding the use & value of NFTs as a CRYPTOFOLIO with implemented yield earning protocols, allocated assets, rewards & shared profit.

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