What happens if the token backing your NFT goes to zero? Your NFT goes to zero with it.
This was the original flaw with Wolfies. Each NFT was backed by $PACK tokens — WolfSwap's ecosystem token. But as a no-raise, no-VC-backed project fully powered by the community, liquidity was always a challenge. If $PACK lost all its value, the Wolfies backing would be worthless.
Wolfies Owned Liquidity (WOL) fixes this.
WOL (Wolfies Owned Liquidity) replaces single-token backing with $PACK-$CRO LP token backing. Instead of holding just $PACK, the Wolfies reserve holds liquidity pool tokens that represent paired liquidity on a DEX.
This is a fundamental shift:
This makes Wolfies the first NFT collection on Cronos backed by real DEX liquidity — not just a promise, but on-chain, verifiable LP tokens.
WOL grows through a weekly cycle powered by WolfSwap's platform revenue:
This creates a flywheel: as WolfSwap grows and generates more revenue, the WOL reserve grows, which strengthens the Wolfies floor, which brings more attention to the ecosystem.
| Single-Token Backing | WOL (LP Token Backing) | |
|---|---|---|
| Zero risk | Token can go to zero | LP always retains value from both sides |
| Revenue | Static holding | LP tokens earn trading fees passively |
| Liquidity | Token may be illiquid | LP provides actual DEX trading liquidity for $PACK |
| Growth | Only grows if token price rises | Grows from buybacks and trading fees |
The LP tokens in WOL don't just sit there — they actively provide liquidity on the DEX, earning trading fees that further grow the reserve.
WOL launched with a significant commitment from the team:
This wasn't a promise or a roadmap item — it was an immediate, on-chain action that changed how every Wolfie NFT is backed.
Traditional NFTs have no floor protection. Their value is entirely based on market sentiment. Wolfies are different:
The WOL mechanism also protects $PACK:
WOL creates a direct relationship between $PACK and Wolfies:
The WOL reserve is fully transparent and on-chain. You can track it in two ways:
Visit the Wolfies page to see:
The WOL wallet is public and verifiable:
WOL Wallet: 0x72aea18e031C15f1ab9180820DFF5222191Ea30B
Anyone can inspect this wallet on the Cronos block explorer to verify the LP token holdings at any time.
When a Wolfie holder burns their NFT, they claim a share of the reserve as token rewards. This has an important effect on WOL:
Burning is entirely optional. Holders who keep their Wolfies benefit from increasing per-NFT backing as others burn.
WOL is a first-of-its-kind mechanism:
This model creates a new standard for how NFT collections can build sustainable, growing floor value — not through hype, but through real economic mechanics.
| Detail | Value |
|---|---|
| Backing type | $PACK-$CRO LP tokens |
| Growth mechanism | Weekly revenue buybacks |
| WOL wallet | 0x72aea18e031C15f1ab9180820DFF5222191Ea30B |
| Total Wolfies | 5,212 (decreasing as burns occur) |
| Initial WOL value | ~$40,800 at launch |
| Can backing go to zero? | No — LP tokens always retain value from both sides |
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Blockchain technology and decentralized finance involve significant risks, including the potential loss of all funds. All interactions with WolfSwap and its affiliated services — including trading, staking, bridging, providing liquidity, and any other on-chain activities — are performed entirely at your own risk. You are solely responsible for your own decisions and due diligence. WolfSwap makes no guarantees regarding the performance, security, or value of any tokens, NFTs, or DeFi protocols.