Platform Funds
Planet Earth Fund
DeFi Wonderland aims to not only be carbon neutral, but planet positive. This means that a percentage of all platform earnings will be distributed to projects that donβt just sustain our planet, but actually rebuild it.
Funds may be allocated to projects relating to, or otherwise;
Rebuilding forests / planting trees
Increasing biodiversity
Cleaning up litter and pollution
Protecting important native animals
Preserving & rebuilding habitats
REDQ holders, acting as platform governors, have the right to elect and vote on the use of funds. Funds will be stored in a locked vault with a percentage kept in top market cap tokens, WLND, and stablecoins.
To ensure the maintained strength of WLND price, where possible, any payouts made including WLND will firstly see the held WLND asset used as collateral to secure a loan in the lending protocol, receiving a stablecoin in return, and using this stablecoin to make the payout. This loan will generate an interest rate, paid to the Lending Protocol plus principal, using an allocation of platform revenues.
Insurance Fund
Crypto can sometimes be risky, and DeFi Link aims to mitigate this risk with a self-funded insurance pool. A percentage of all earnings from LP farming, yield aggregator pools, Decentralised Hedge Funds, and any future suitable earning mechanisms, will be collected and stored in the insurance fund.
Funds will be stored in a locked vault with a percentage kept in top market cap tokens, WNDR token, and stablecoins. This fund will not be used for issues relating to human error, sending to wrong wallet addresses, token price dumping, rug-pulls, or losses due to gambling.
This fund is strictly reserved for the recovery of funds from hacks or protocol failures such as:
DeFi Wonderland Platform Hacks or failures.
Protocol or Smart Contract failures, such as those which may occur in the event of a flash market crash.
Failures or hacks within other platforms that DeFi Wonderland integrates with, farms yield from, or are invested into by Fund Managers.
Carefully orchestrated large-scale professional scams. (note: does not apply to obvious rug-pools offering super high APY to attract victims)
To ensure the maintained strength of WLND price, any payouts made including WLND will firstly see the held WLND asset used as collateral to secure a loan in the lending protocol, receiving a stablecoin in return, and using this stablecoin to make the payout. This loan will generate an interest rate, paid to the Lending Protocol plus principal, using an allocation of platform revenues.
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