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WildGuard aims to combine decentralized finance (DeFi) with wildlife conservation, creating an innovative platform where users contribute to protecting endangered animals while engaging with DeFi-powered incentives.
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Wild Token Issuance
- Mechanism: Wild tokens are minted on a 1:1 basis with SUI tokens as the underlying asset.
- Stability: SUI tokens back Wild, ensuring trust and value.
- Lifecycle: When Wild tokens are redeemed for SUI, they are permanently burned, keeping the system balanced.
- Utility: Wild tokens can be used to:
- Adopt animal NFTs.
- Vote on wildlife conservation initiatives.
- Earn rewards in DeFi games.
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Endangered Animal NFT Adoption
- Exclusive NFTs: Each NFT represents an endangered species and contains detailed information about the animal.
- Adoption: Users can adopt these NFTs by spending Wild tokens.
- Release: Users can return the NFT to reclaim the equivalent amount of Wild tokens at any time.
- Engagement: By owning NFTs, users contribute to conservation while enjoying an emotional connection with their chosen animals.
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Economic Model
Flow of Funds:
- Liquidity Mining:
- Upon NFT adoption, the equivalent SUI underlying the Wild token is deployed into liquidity mining.
- This generates yield while keeping the user’s principal safe.
- Revenue Distribution:
- 20% for Wildlife Protection: Direct contributions to conservation organizations and initiatives.
- 80% to User Rewards: Returns are allocated to a reward pool and distributed back to users.
- Reward Weighting:
- Calculated based on:
- Animal Rarity: Rarer animals receive higher contributions.
- NFT Mint Time: Older NFTs accumulate greater rewards.
- Hedging Mechanism: This balances incentives, prioritizing funding for more critically endangered species.
- Impact-Driven: Every NFT adoption directly supports wildlife conservation efforts.
- Zero Principal Risk: Users gain rewards while retaining the ability to withdraw their principal at any time.
- Sustainability: The platform sustains its mission through DeFi profits rather than relying solely on donations.
- Education: Animal NFTs spread awareness about endangered species, fostering global conservation efforts.
- Purchase Wild tokens on the Sui blockchain.
- Explore and adopt your favorite animal NFT.
- Participate in voting, staking, and DeFi games while supporting wildlife conservation.
WildGuard unites blockchain innovation with real-world impact. Together, let’s create a sustainable future for our planet’s most vulnerable creatures!