$0.002281
-$0.000000(0.00%)
Market Cap
--
24h High
$0.002282
24h Low
$0.002281
24h Turnover
$217.01
Total Supply
1.91B
Market Sentiment
Neutral
About WolfWorksDAO (WWD)
"wLiti DAO (WLD)’s smart contract was deployed on Feb. 7th, 2022 and was listed on its first exchange (Quickswap) on Feb. 10th, 2022. It was created by a group of wLITI token holders who chose to use wLITI as the foundation for the WLD token. When a person deposits wLITI tokens into the DAO smart contract, WLD tokens are minted at a 1 to 1 ratio with the wLITI being deposited. wLITI tokens can be withdrawn from the DAO smart contract at any time, except for when the wLITI is converted into LITI tokens to represent all of the wLiti DAO members (a wLiti DAO member is anyone who owns WLD). When wLITI tokens are withdrawn from the DAO, the WLD tokens that are being swapped for the wLITI are burned at a 1 to 1 ration with the amount of wLITI being withdrawn.
wLiti DAO will continuously evolve overtime to serve the best interests of the wLiti DAO members. The wLiti DAO’s governance smart contract will not be able to execute any transactions unless the wLiti DAO members approve the transaction through the use of proposals and voting. Proposals are proposed transactions that the wLiti DAO’s governance smart contract can execute. The transaction proposals can be created by any wLiti DAO member. The transaction proposals must have a majority vote from the DAO members to be before they can be approved and will not be executed by the wLiti DAO’s governance smart contract if it does not have a majority vote from the wLiti DAO members.
In addition to wLITI being the foundational asset of wLiti DAO, the DAO owns more assets and offers additional services that will ultimately generate more revenue for wLiti DAO. This revenue will go to the DAO's treasury to fund the DAO's endeavors and / or be distributed to the wLiti DAO members. One of the assets that the DAO has acquired is 1% of a large investment default case that has a $1 billion claim. When awarded, a portion of this will be used to fund the DAO's treasury and the rest will be distributed prorata to the wLiti DAO membe
Fiat Exchange
Risk Disclosure
Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results.
Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.
Disclaimer
The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation.
Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information.
Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.





