WLDT Protocol

The WLDT Protocol primarily manages two pools of value:

  • The WLDT, a cryptocurrency kept stable at $1.

  • The Vault, a pool of other blockchain assets used to purchase WLDT whenever demand for WLDT drops. The protocol aims to maintain at least 100% collateral backing of the value of all minted WLDT.

    The protocol is designed to operate as a collection of smart contracts. In addition to the pools of value, it consists of these other active components:

  • The WLDT Manager, which keeps the WLDT stable at $1.

  • The Vault Manager, which manages the assets in the Vault.

  • The Market Feed, which tracks market data on WLDT, WLDT Rights, and the Vault assets.

  • The Auctioneer, which runs the protocol’s market operations.

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