Dog Food Tokenomics
DogFood (DOGF) is a token raised by the community with the mission to support all dog coin’s ecosystem. Created on May 12, 2021 on the Binance Smart Chain network with initial liquidity burnt, DogFood has grown into a fully functional, decentralized, 100% community-driven project.
Transaction mechanism: Every transaction will incur 10% transaction fee. 3% will automatically be burnt into Blackhole, 2% bonus transferred to $DOGF holders and 5% enters liquidity.
Our special transaction mechanism will benefit holder in the long term in 3 aspects: Stabilised transaction pool, Passive yield to holders, Deflationary token.
- Stabilised transaction pool: 5% of the transaction fee will goes into the liquidity pool, and automatically create new DOGF/BNB liquidity pair. Therefore, the liquidity pool will accumulate over time which secures the sustainable growth of the project.
- Passive yield to holders : 2% of every transaction fee will be transferred to $DOGF holders. This automatic dividend payment is a reward for holders and long term supporter of the project, holders will essentially observe the substantial increase of $DOFG in their wallet by just holding!
- Deflationary token: $DOFG is a deflationary token by the burning mechanism. Since 3% of every transaction fee will be burnt into Blackhole, the circulating supply will constantly decrease over time. The initial circulating supply is 70% and it has decreased to 66% in two weeks after launching.
Stay updated:
Website: https://dogf.top/
Telegram: https://t.me/DogFoodCoin
Twitter: https://twitter.com/DogFoodcoin_bsc
