The Solution
A NFT BOOSTER THAT EARN PERPETUAL REWARDS
Previously, nodes couldn't be transferred, bought, or sold on the market. This was yesterday.
Just like Universe's Planets, Dark Forest's Forest protocol adds the ERC-721 standard to the Node concept where they can be transferred, exchanged, and traded outside the main DF token, effectively opening new doors to this novel concept.
This also gives unprecedented visibility over who owns what and we are very proud of the transparency the NFT standard will bring to this project. We plan to roll out a ladder board that shows the top accounts, the Forest they own, and how much they generate daily.
Their lifetime rewards can always be redeemed to DF tokens instantly.
BURN YOUR TOKENS TO BUILD A TREE NODE
Instead of sending your tokens to the owner of the project when creating a node that automatically sells them and feeds a never-ending bearish loop you instead automatically burns 100% of your tokens when creating a Forest, helping make the supply more scarce.
INTELLIGENT LIQUIDITY & TREASURY MANAGEMENT
Instead of massive micro-sells triggered by compounding/reward claims, followed by another set of 4-5 big automated sells for each node creation on the trading chart to fill the treasury like every competitor as described in the (terrible) Ring Financial standard, we manually remove part of the liquidity that is generated and sent to us through the fees. We never directly sell any token, we only keep the MIM side to fill its respective purposes. This saves a lot on gas for everyone and doesn't give bearish bias to the community.
INNOVATIVE BUY BACK AND BURN MECHANISM
As soon as we start receiving liquidity dedicated to bringing revenues we will put it to work in staking and farms according to our supported protocols. The generated rewards will then be passed through Tornado Cash and will be only used to buy progressively DF tokens and burn them from anonymous wallets followed by an announcement after it's done. This way, it will prevent pump and dumpers from taking advantage of the buyback mechanism and leaving the rewards to the community.
SMART DAILY LIMITS
Smart Daily Limits are part of Dark Forest innovations to keep liquidity pools safer from bots and vicious whales, making Dark Forest the safest node-type of token to hold. Wallets are limited to only accumulating a number of tokens per day. They can always sell what they have bought at any time which allows swing trading. They can always safely claim rewards of the Forest(s) but transferring or selling them more than the daily limit will require them to wait the next day. This way, no one can buy a significant part of the supply on launch and no one can sell a significant amount of rewards at once.
DECENTRALIZED AUTONOMOUS ORGANIZATION (Q3 2022)
With your Forest NFTs, you will be able to vote and propose new ideas for the project. Remember how Louverture decided from one day to the other to slash 85% of the rewards rate without the feedback from the community and kept the treasury fees as high as before? Right. Dark Forest is for the people first and foremost, not for its team.
The voting power will be the total amount locked in across all the Forest you own. We also can't wait to then use this mechanism for more exciting features we have in mind such as leveraged weekly futures contracts voted by the community where the profits go back to them and so on.
To summarize: with its innovative features from the NFTs and intelligent liquidity and treasury management to the unique anti-dump mechanism, the possibilities become endless. It makes Dark Forest the perfect candidate to lead the DeFi 3.0 evolution on Avalanche. Check out our roadmap in the Roadmap section for more information.
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