About Warp Drive
In the dynamic realm of decentralized finance, Warp Drive emerges as a catalyst for innovation and community-driven progress. Built on the robust Arbitrum network, Warp Drive operates as a precision engine within a yield generation coalition, propelling the Curve Finance flywheel to new heights.
The RFI ENGINE
Warp Drive stands as the premier RFI token intricately built upon the Curve Finance infrastructure. Propelled by a unique engine, it strategically applies buy pressure on CRV, offering a lucrative and profitable venture for WARP holders through an innovative yield generation mechanism combined with deflationary tokenomics.
Overview
Explore the Financial Engine
Discover the inner workings of Warp Drive’s financial engine. With a total supply of 1 billion tokens, our unique 10% cumulative tax structure ensures every transaction contributes to the growth of the ecosystem. Allocations to token holders, the cvxCRV position, and burning mechanisms play crucial roles in the deflationary journey of Warp Drive.
Yield Generation Coalition
Revolutionizing Finance with Collaboration
Warp Drive pioneers the concept of a Tokenized Hedge Fund Coalition. Mirroring traditional hedge funds, our model channels a 4% tax towards a yield-generating asset. This innovative approach not only aligns with proven investment strategies but also amplifies returns for our community. Experience the synergy of financial ingenuity and decentralized collaboration.
Overview
Explore the Financial Engine
Discover the inner workings of Warp Drive’s financial engine. With a total supply of 1 billion tokens, our unique 10% cumulative tax structure ensures every transaction contributes to the growth of the ecosystem. Allocations to token holders, the cvxCRV position, and burning mechanisms play crucial roles in the deflationary journey of Warp Drive.
Yield Generation
Coalition
Revolutionizing Finance with Collaboration
Warp Drive pioneers the concept of a Tokenized Hedge Fund Coalition. Mirroring traditional hedge funds, our model channels a 4% tax towards a yield-generating asset. This innovative approach not only aligns with proven investment strategies but also amplifies returns for our community. Experience the synergy of financial ingenuity and decentralized collaboration.
Supply Distribution
Liquidity and Team
Warp Drive adopts a token supply distribution that allocates a mere 3% to the team, while directing a significant 97% to the liquidity pool. Notably minimal compared to industry standards, the team allocation emphasizes our dedication to fostering a decentralized environment, where each participant has equal opportunities for engagement and benefit.
Tax Distribution
Reflection, Strategy, and Burn Mechanism
Warp Drive employs a unique 10% cumulative tax structure, strategically allocated to foster sustainable growth. Of this, 4% benefits token holders, 4% bolsters the cvxCRV position, and 2% is earmarked for burning mechanisms. This transparent and strategic distribution is designed to maximize benefits for the coalition.
Project Strategy
A Strategy Centered on Sustainability
Warp Drive’s strategy revolves around sustainability and value creation. By compounding 70% of the monthly cvxCRV yield for sustained growth and using 30% for buyback and burn mechanisms, we actively reduce the token supply and increase its value. This innovative approach sets Warp Drive on a trajectory for long term success.
Fueling Growth with Precision
Warp Drive’s Yield Generation Cycle is a finely tuned mechanism designed for sustained growth and value enhancement. It commences with the collection of a 4% tax in WARP tokens from each transaction, initiating a process that ingeniously propels our ecosystem forward.
Token Collection
The cycle begins with the collection of a 4% tax in WARP tokens from every transaction within the Warp Drive ecosystem.
ETH Conversion and CRV Staking
Periodically, the accumulated WARP tokens are sold for ETH. The acquired ETH is then strategically swapped for CRV tokens.
cvxCRV Vault Staking
The CRV tokens are subsequently staked in the cvxCRV vault, contributing to the overall liquidity and yield of the ecosystem.
Monthly Yield Distribution
As the yield accumulates, 70% of the monthly cvxCRV yield is judiciously reinvested back into the system. This compounding mechanism ensures sustained growth and increased value.
Buyback and Burn Mechanism
Simultaneously, 30% of the monthly yield is tactically sold for ETH. The obtained ETH is utilized to buy back WARP tokens from the market. These bought-back tokens are then permanently removed from circulation through a burn mechanism, actively reducing the overall token supply.
Synergy of Sustainability
The combination of compounding, buyback, and burn creates a powerful synergy, ensuring a deflationary trajectory for Warp Drive while simultaneously increasing its intrinsic value.
Security and Documentation
Audit
TBA soon after launch
Q1 2024
Official Warp Drive Whitepaper
Q4 2023
Join the Coalition
Become part of Warp Drive’s Tokenized Hedge Fund Coalition, a dedicated community committed to pooling resources and amplifying returns for its members. Connect with like-minded investors on our Discord channel and together, let’s propel the Curve Finance flywheel to unprecedented heights.