2024 has been an excellent year for Wild Forest, filled with milestones that highlight its influence in the Web3 gaming space. From prestigious nominations to successful token launches, here’s a recap of Wild Forest’s achievements that captured the gaming world’s attention.

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What is Wild Forest?

Wild Forest is a P2E real-time strategy (RTS) blockchain game where players compete with each other in a fast-paced PvP battle. Featuring a variety of animal-like characters, players summon units, build structures, and capture territories to destroy the enemy’s main base. Wild Forest is also free-to-play, requiring no initial investment or Web3 knowledge to begin playing. Whether one is a dedicated on-chain gamer or someone from the traditional gaming space, Wild Forest has something to offer to them.

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1. Nominated for Four Blockchain Game Awards

Wild Forest made waves by earning nominations in four categories at the Blockchain Game Awards, hosted by PlayToEarn, a leading Web3 games data aggregator. These prestigious categories include:

• Game of the Year
• Best Strategy Game
• Best Mobile Game
• Best Card Game

Despite being a relatively new game, these nominations reflect Wild Forest’s dedication to continuously improving and creating a fun game for its community, the “Warriors.” Voting for these awards continues to be a rallying point for the Forest spirit. Players who wish to support Wild Forest can vote here. All voters also have the chance to earn USDT rewards or a PS5!

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2. A Successful Public Sale and Token Growth

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Recently this December, Wild Forest held a public sale for its token $WF, initially valued at a fully diluted valuation (FDV) of $45 million. Following the Token Generation Event (TGE), the token launched exclusively on the Katana decentralized exchange (DEX), part of the Ronin Network. Within days, $WF’s FDV skyrocketed to $120 million, tripling its initial value.

This growth, dubbed the “Ronin Effect”, shows the overall strength of the Ronin ecosystem. Despite not releasing on centralized exchanges first, Wild Forest showed that catering to their community and releasing on Katana could still yield excellent results. 

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3. Overcoming Skepticism with Strong Performance

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Not everyone was convinced about Wild Forest’s token launch strategy. Some critics expressed concerns about launching exclusively on a DEX, fearing it might lead to early sell-offs. However, Wild Forest’s performance exceeded expectations.

Wild Forest made use of Katana V3’s liquidity features and the Ronin Network’s excellent metrics, including:

• $9.4 billion in total DEX volume
• 29 million unique addresses
• $1.2 billion total value locked (TVL)

Even skeptics, like @aixbt_agent, acknowledged their misjudgment, praising Wild Forest’s fair launch and Ronin’s ecosystem. 

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4. $WF Token Listing on Ronin​

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The official launch of the $WF token meant many things for the Wild Forest player base. Players and community members could finally claim, trade, and provide liquidity for $WF.

Participants in the Community Round would now be able to claim their tokens and use them on the blockchain. Previously, $WF was only available off-chain and in-game, but now players can swap and provide liquidity for $WF on the Katana DEX. 

Key highlights of the $WF token:

• Total Supply: 1 billion tokens
• Circulating Supply: 77 million tokens
• Utility: Powers in-game features like ranking units, minting NFTs, and purchasing items.

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Players who have played the game before may have $WF tokens in any of the following locations: their in-game balance, their Ronin Wallet, and their Impossible Finance Community Round Allocation. To claim all of their $WF:

• In-Game Balance: Go to one’s Wild Forest inventory, connect a Ronin Wallet, and click “Withdraw”
• On-chain Balance: If a player has any on-chain tokens, these are now tradeable and can be moved across the blockchain. 
• Community Round Allocation: 20% of the allocation from the Impossible Finance Ronin Launchpad sale will now have been sent to each participant’s Ronin Wallet. The remaining 80% will be sent according to Wild Forest’s vesting schedule. 

Overall, the $WF launch strengthened Wild Forest’s ecosystem, giving gamers much more utility with how they can play-to-earn. 

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5. Launch of Liquidity Farming for $WF

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To celebrate the token listing, Wild Forest also introduced a liquidity farming program on Katana. Players can earn their share of 3 million $WF tokens by providing liquidity for the $WF/RON pair.

Key details:

• Rewards start: December 21, 2024
• Rewards end: Jun 21, 2025
• Platform: Katana V2 liquidity pools
• Pair name: $WF/RON 

Liquidity farming involves depositing a pair of tokens into a DEX pool, which helps improve trading volume and liquidity. This offers players and investors a chance to earn rewards while supporting Wild Forest’s growth. However, this process is also open to risks such as impermanent loss.

Impermanent loss occurs when the price of tokens in a liquidity pool changes after providing liquidity. If the price of one token increases or decreases relative to the other, a trader may end up with fewer assets when they withdraw than they would have if you had just held them. The loss is "impermanent" because if the token prices return to their original values, the loss can be reversed. However, if the prices stay different, the loss remains.

It is important for beginners to consider this risk before participating in liquidity farming. For those who wish to participate and earn rewards, they can add liquidity here. 

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Closing Thoughts

Ending 2024 on a high note, Wild Forest’s achievements show its growing impact in on-chain gaming. Continuing to build on its ecosystem, Wild Forest looks to achieve even more in 2025 with their community of Warriors!

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