WolfGirl Finance Relaunches Its Platform With Critical Bug Fixes And A New Price Floor System.
16 Dec 2021, 08:00
WolfGirl Finance Relaunches Its Platform With Critical Bug Fixes And A New Price Floor System
WolfGirl, a community-driven DeFi platform with an AI-powered NFT ecosystem, has successfully undergone a relaunch. This re-establishment was focused on fixing critical bugs and installing a new price floor system from its previous excessively optimistic state. It was also meant to keep the project’s users from feeling “trapped” or “held hostage.” WolfGirl lacked enough volume to re-achieve its price floor’s “long-term safety mechanism,” leading to developer re-organization for a much better and stronger platform.
Changes that come with the relaunch include fixing the bug preventing buys and sells in the Hunt. The Den’s special status will be revoked so that it becomes subject to WolfGirl tax, thereby curbing sell pressure. Essentially, selling is not prohibited on the platform. However, sales with prices below the price floor will be taxed twice as much (24%), with the same ratio of transaction fees being directed to the Den (2/3) and the burn address (1/3). This feature protects investors from the harmful effects of sudden sell-offs.