WIF: the first onchain DVL Every platform needs participation. Every token needs attention. But in most crypto products, users generate the attention, activity and volume while receiving very
WIF: the first onchain DVLEvery platform needs participation. Every token needs attention. But in most crypto products, users generate the attention, activity and volume while receiving very little of the value they help create.We think this relationship can be different.$WIF is built around a simple thesis: participating should be cheap, entertaining and give everyone a very high chance to win big.We are building the first DVL - Decentralized Voting Layer - on Robinhood Chain, where anyone can take part in public onchain elections with 1 $WIF, while the economic activity around those elections is redirected back toward the people participating.At current levels, 1 $WIF costs less than $0.001.A fraction of a cent can be enough to participate and have a chance to win $500. That is the starting point for WIF.WHAT IS A DVL?A DVL is an onchain layer for elections.Instead of building another token around passive holding, WIF gives the token a simple recurring use: choose an option, send 1 $WIF to the wallet next to it, and cast your vote.No wallet connect, no signing flow and no complicated setup.1 $WIF + 1 wallet = 1 vote.Every vote permanently burns 1 $WIF, removing it from circulation forever.Every eligible voter also receives one entry into the reward draw, regardless of which option they voted for.
The election decides the winner.The draw gives participants a chance to win.These are two separate systems, which is important because you should not have to correctly predict the winning option to have upside from participating.THE FIRST WIF ELECTIONWe are starting with Crypto Twitter. 78 crypto KOLs. 1 G.O.A.T. 14 days. The community will decide who becomes the G.O.A.T. of Crypto Twitter.The first election begins with $10,000 guaranteed in rewards. $5,000 G.O.A.T. Bounty for the winning KOLand $5,000 Voter Prize Pool The KOL with the most verified votes becomes the G.O.A.T. and receives the $5,000 G.O.A.T. Bounty.The voter pool starts with 10 winners receiving $500 each.THE VAULTThe initial $10,000 is only the guaranteed starting point. Throughout the 14-day election, all our creator fees accumulate inside THE VAULT. If the event reaches 10,000 verified votes, 100% of those accumulated creator fees are released back into rewards. Half goes to the Voter Prize Pool. Half goes to the G.O.A.T. Bounty. There is no cap on THE VAULT. At roughly 0.7% creator fees: $10M in event volume creates approximately +$70K in additional rewards. $100M creates approximately +$700K. On the voter side, every additional $500 creates another winner.Vote. Play fair. Have fun. Good luck. WIF: https://worldisflat.fun/fair/
