Proactive Community

Always there

For Wallet Warden, growing a customer protection community is more than a marketing goal: it is a crucial technical aspect, too. By leveraging a group of people being helped and offering their expertise on customer safety in the crypto space, Wallet Warden is not only able to detect scammers, hackers and malicious activities, but too hunt them too. That's where proactive comes from.

Spending last 4 years in the crypto space, whether as users, developers, investors or simply spectators, we figured out that all measures taken for customer's safety in any industry, but in this one especially, are almost always after the worse has happened and the damage was already made. While Wallet Warden won't ever claim that can prevent all scams and hacks, we can almost guarantee that a strong and proactive community, incentivised to participate and help others, can warn against and flag major malicious actions before they spread to the large public.

A community, as we understand it, is more than a social media group were individuals post same interest things and funny memes: it is a network of individuals not only with common ambition, but skin in the game too. That's why, to know who we can rely on, we're introducing a permissionless system of trust based on staking. Basically, what we mean is that for a user to have an active role in this community, they should be staking a specific amount of Wallet Warden tokens to be trustworthy. Any role they choose to have, a power-user that commits to staking presents the credibility of risking getting their stake slashed in case of taking malicious actions against our community. On the other hand, a staking-involved user can earn rewards in Wallet Warden tokens in two different ways:

  1. When an issue that they reported gets validated and implemented into the platform's safety checks;

  2. Every time a subscribed user transaction is protected by their validated findings.

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