What is DWD-SFT?
DWD-SFT is a semi-fungible token launched by DogeWalk, issued by Solv protocol, based on the ERC3525 standard. DWD-SFT encapsulates tokens within NFTs, facilitating a seamless blend of fungibility and uniqueness. After a certain period, anyone holding them can claim DogeWalk platform token $DWD by holding the DWD-SFTs. For each DWD-SFT, holders can claim 250 $DWD.
What chain is DWD-SFT on?
They are on the BNB smart chain now.
How can I get DWD-SFT?
You can acquire DWD-SFT through the Genesis NFT Mint Event or by playing the Treasure Hunt mini-game in the DogeWalk app.
What’s the Genesis NFT Mint Event?
It’s an event where you can buy a Genesis DogeWalk NFT. Owners of these NFTs receive rewards of 2 DWD-SFTs per Genesis NFT and other rewards. The Genesis DogeWalk NFT released 2,500 in total , with sales on the 8th of August and the 19th of September, selling 800 NFTs in each round. The third round of sales is coming in weeks.
How does the Treasure Hunt mini-game work?
A5: Walk your dogs to earn $Bones in the game. Use $Bones to play Treasure Hunt. Each Treasure Hunt requires 300 $Bones each time and comes with a 100%win rate.
How many times can you play Treasure Hunt daily?
Based on the number of dog NFTs you own, you can draw a certain number of times each day. The drawing counts resets at 00:00 daily, and unused counts do not accumulate for the next day.
What are the different types of gift packs and their probabilities?
Here are the types of gift packs and their corresponding probabilities:
- 5 DWD Gift Pack x1: 50% chance
- 5 DWD Gift Pack x2: 30% chance
- 5 DWD Gift Pack x4: 13% chance
- 5 DWD Gift Pack x10: 5% chance
- 5 DWD Gift Pack x20: 2% chance
What can I do with DWD-SFT?
You can trade them on any NFT marketplaces like Ladder and Element now. You can claim tokens after 10–12 months when $DWD is released.
How do I list my DWD-SFT on NFT Marketplace like Element?
- Connect Metamask Wallet (the one you bind your DogeWalk Account) to the NFT Marketplace.
- Change to BNB chain.
- List your DWD-SFT and wait for buyers.
Please prepare some $BNB for the gas fee and note the steps vary slightly for different trading platforms. Follow their guides if you encounter any problems.
Why are there different numbers of token DWD-SFT on Element?
During trading, due to the unique characteristics of SFTs, they can be split into different sizes. Therefore, it’s crucial to pay attention to the token numbers displayed on the upper right corner. For instance, an SFT of 250 DWD can be split into smaller units, like SFTs of 1 DWD, which can then be sold separately.
What should I be cautious about when trading on the NFT marketplace?
When trading DWD-SFT on the NFT marketplaces, be careful as SFTs can be split into different sizes. A regular DWD-SFT has 250 DWD but can be divided into smaller units like 1 DWD SFTs, which can be traded separately. On Element, a 250 DWD-SFT is now around 30U. Always check the number shown on the top right to make sure it says 250, so you know you’re dealing with a standard DWD-SFT.
What is Ladder and what is the benefit of trading on Ladder?
It’s a simpler platform for trading NFTs leveraging the AMM (Automated Market Making) mechanism, allowing you to swap our DWD-SFTs for USDT instantly.
What should I be cautious about when trading on Ladder?
Be aware of potential rapid volatility and trading slippage, especially if unfamiliar with AMM mechanisms.
