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(WTF)

The Annual Percentage Yield (APY) for staking $WTF is dynamic, fluctuating based on liquidation events and the emission rate of WTF tokens. This variability means that during periods of market stability, the APY might be lower, while high market volatility could lead to significantly higher yields. Users should be aware that the APY is not fixed and can change based on prevailing market conditions and protocol activity.

While the underlying protocol has undergone security audits, all decentralized finance (DeFi) platforms carry intrinsic risks. These include potential smart contract vulnerabilities, which could lead to unforeseen issues or economic exploits. A key risk for stakers is the possibility of their WTF tokens being converted into collateral if liquidation events occur within the protocol. Users should always be aware of these inherent risks associated with DeFi protocols.

For WTF deposited into the Stability Pool, there is generally no fixed lock-up period, allowing withdrawals at any time unless a liquidation event is actively in progress. However, if you opt to stake your WTF with a specific, chosen lock duration, your tokens will become illiquid and inaccessible until that designated period concludes. This choice directly affects the immediate liquidity of your staked assets.

WTF tokens are available for trading on various decentralized exchanges (DEXs). To acquire them, users can fund a compatible Web3 Wallet with stablecoins and then perform a swap for WTF on a supported DEX. Selling WTF tokens is a common practice for various reasons, including rebalancing portfolios, meeting financial requirements, or managing investment risk. Always ensure you are using official and reputable platforms for transactions.

The WTF Token offers several practical use cases for participants in the ecosystem. It can be utilized for arbitrage strategies, taking advantage of price disparities across different platforms. Users can also earn additional tokens by engaging in staking or lending activities through platforms like LBank Earn. Furthermore, WTF tokens facilitate direct transfers or payments between individuals, offering flexibility in its utility.

No, rewards generated from your WTF staking do not compound automatically. To benefit from compounding, you are required to manually claim your accumulated rewards. Following this, you must then actively redeposit these claimed rewards back into the Stability Pool. If rewards are left unclaimed and idle, they will not automatically contribute to the growth of your staked position over time.