The Wolf Den
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WOLF PUPS V2 ($WOLFIES)
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Wolf Pups ($WOLFIES) are the primary currency of the Wolf Den.

Our wolf pups are mischievous little wolves, often volatile, unruly and getting into trouble. $WOLFIES is a currency, meaning within our eco system itโ€™s an โ€œaccessโ€ or โ€œparticipationโ€ asset. If hordes of people want to participate in wolf den activities, join the wolf den or climb the tiers there will be a ton of buy pressure and price may go parabolic. In times of lower activity, holders may choose to sell their $WOLFIES. The average price of $WOLFIES, over time, is a reflection of how much people value what the wolf den is doing and how much they want to participate. That said, and for that reason, $WOLFIES will be volatile. Like we said, they are trouble makers. The good news is that the 4% tax on $WOLFIES goes directly into supporting the ecosystem (primarily $GUARD and $KNIGHT) which means that extreme volatility on $WOLFIES stabilizes the project in various market conditions. Because itโ€™s the ecosystem currency, we do not encourage buying and holding $WOLFIES unless you are #WOLFISH on the whole ecosystem over a long period of time. We suspect many will try and day trade or scalp it.
Every now and then, our Hell Hound will buy back and burn a ton of misbehaving $WOLFIES to take them out of circulation, making it deflationary. The Hell Hound is governed by Silver Guard NFW holders, and if they vote to buy and burn wolves, $WOLFIES will get purchased and burned ๐Ÿ˜Š

Why Are We Burning The Supply?

Burning token supply is a gimmick in the Crypto Space. A decrease in overall supply does not automatically mean an increase in price. It can, if certain conditions are met.
If the burns out weigh the amount produced through a mint function (meaning new tokens can be created). With $WOLFIES no new supply can ever be minted. So burning the supply will truly result in a deflationary action.
There should be demand for the token such that the price of the token becomes irrelevant. The way this is done is if the benefits outweigh the costs.
$WOLFIES can be seen as the barometer as to how the Wolf Den is doing. If the service and products we are providing suck, the cheaper the price of $WOLFIES will be regardless of burning. Conversely if the service and products we provide are good then the token price becomes irrelevant.
The only way for new investors to gain access to the Wolf Den will be acquiring $WOLFIES or NFWs Some of these $WOLFIES that are purchased will be sent over to the team which will be used for team payments, project development, and or rewards. Now a small portion of this amount will also be reserved depending on what the reserve supply looks like in order to be sent to the Burn Address (an address that can never withdraw/use the tokens). This will contribute to making $WOLFIES a deflationary currency and over time (if there is still demand) for what the Wolf Den can offer, the effects of supply shock will take over.

How To Buy $WOLFIES

The Wolf Den Starter Pack
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Wolf Pups ($WOLFIES) are the primary currency of the Wolf Den.
Why Are We Burning The Supply?
How To Buy $WOLFIES