Wolf Crypto Team opens a BUSD version. Can unstake investment.
A while ago I wrote about a BNB Miner that I invested in called WC Miner. Since then the TVL of the project has increased by a whopping 165% ? ?. I have just been compounding there every day.
Now the team has released a BUSD version of their miner and are offering high ROIs depending on the duration of your stake. So, similar to some other miners, your daily ROI will increase the longer you stake your BUSD.
The BUSD version just launched about 24 hours ago, so it is still super early to get in ?, personally I have made my first investment.
In a Nutshell
? Earn up to 8.5% daily!
? Audited by George Stamp
? 0% fee on compounding!
? Team already has proven themselves in BNB project
How it Works
You deposit your BUSD and you immediately start earning 3.5% on that per day. This percentage starts to increase after Day 20 of your initial deposit.
What are the Rates of Return?
Here’s the breakdown of your returns; your rewards increase the longer you leave your stake in, and the unstaking fee also decreases over time:
Day 1–20: Earn 3.5% Daily (20% Unstake Fee)
Day 20–30: Earn 4.5% Daily (18% Unstake Fee)
Day 30–40: Earn 5.5% Daily (15% Unstake Fee)
Day 40–50: Earn 6.5% Daily (12% Unstake Fee)
Day 50+: Earn 8.5% Daily (12% Unstake Fee)
There is an earnings calculator on the site so you can work out what you need to invest to hit your income goals. Below I calculated that if I invest $250 for 55 days I would make a return of $1051.
About the Team
The team was actually formed by a mutual frustration over the amount of rugpulls in the defi space. They were sharing their disappointments over losing funds to unscrupulous devs and then they decided to do something about it. So they initially built Wolf Crypto Miner, and now the BUSD version, in an attempt to provide an honest project that would fulfil its promises.
They are active on Discord, Telegram and Twitter and you can find links to all of those on their website.
How is 8.5% Sustainable?
Firstly: all unstake fees will stay in the contract!
25% of other fees go to the BNB version of the miner.
75% of the rest will go to Wolf Crypto’s investment portfolio, outside the contract, to buy up assets to back both projects. Their aim in doing this is to create complete self-sustainability.
Fees and Taxes:
As mentioned above 75% of all fees will be used towards other asset classes and crypto coins.
The team will be building a portfolio outside the protocol: during the growth phase of the project they will insure that they allocate the right amount of capital in each sector before paying out earnings from the investment portfolio into the smart contract.
Deposits — 10% Fee
Dividend collection — 10% Fee
Compound — 0% Fee
WC Miner BUSD was audited by the prestigious George Stamp and received a very high score of 83, and was also acknowledged as having a “team that is known and has released more than 1 project”.
WC Miner has a clear vision for what they want to do: the next step for them is to create an investment portfolio outside the protocol with the goal of making their Defi projects self-sustainable for years to come.
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Additional Things to Note:
- You can join my Telegram group here .
- You can see all my articles here.
- I’m not a financial advisor. This is not a financial advice, whatever you read in my articles are strictly for educational purposes.
- This has been a sponsored post.
- These defi projects are all high risk and high reward, only use risk capital and be careful.
- This article contains affiliate links.
- Most of these staking dApps use locked staking which means you can’t take out your original investment.
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Disclaimer: This is not financial advice, the information in this article is for educational purposes only. Never invest what you can’t afford to lose. I disclaim any liability or loss incurred by any person who acts on the information, ideas, or strategies discussed in my articles. Do Your Own Research.
Don’t have Metamask? Here’s how to set it up
The first thing you want to do is set up a Metamask wallet (if you haven’t done so already). Just open a Chrome or Brave browser and go to metamask.io and click add Chrome extension.
Then you need to add the Binance Smart Chain to your Metamask Wallet.
Click Ethereum in your wallet, then scroll down to Add Network.
Click that and add the following details:
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
Block Explorer URL: https://bscscan.com