Token Economy
Token Value Model
The value model of the Dogidog token is based on several key factors that ensure the sustainable and long-term value of the token for its owners and ecosystem participants.
Limited Offer
The total supply of Dogidog tokens is 100 million, which creates scarcity and maintains their value. The limited supply of tokens means that when demand for them increases, their value will increase, which makes the token attractive to investors and participants.
Active use in the ecosystem
The Dogidog token is actively used in the ecosystem for various purposes, including pumping and improving virtual dogs, purchasing equipment, participating in staking, and paying for services on the platform. The widespread use of tokens in the ecosystem stimulates their demand and increases value.
Incineration mechanisms
The main deflationary mechanism is token burning. Some tokens will be destroyed when performing certain actions, such as conducting a transaction, paying for services on the platform, or participating in special events. A portion of the tokens will be burned during the transaction and other activities on the platform, which reduces the total number of tokens in circulation and creates deflationary pressure.
In certain periods of time, the project may initiate additional rounds of token burning to maintain their scarcity and increase value. This may be due to the achievement of certain goals or milestones in the development of the project.
Incentives for long-term retention
Token holders can participate in the stake king by freezing their tokens to support the operation of the network and receiving rewards for this in the form of additional tokens. This incentivizes long-term token holding, which maintains the stability of the ecosystem and reduces volatility.
Trading on exchanges
Dogidog tokens will be traded on major cryptocurrency exchanges, which provides liquidity and accessibility to a wide audience. Listing on exchanges creates an opportunity for trading and investment, which also supports the value of the token.
Real-world apps and partnerships
Use outside the ecosystem: Dogidog tokens can be used to pay for real-world goods and services, such as animal feed, veterinary services, and other products related to animal care. In addition, tokens can be integrated into other platforms and ecosystems, which increases their value and utility.
Partnerships: Partnerships with other projects, companies, and organizations can also add value to a token by expanding its use and providing additional incentives for use.
Social significance and charity
Support for charitable initiatives: Part tokens will be aimed at supporting charitable organizations and programs related to animal welfare. This gives tokens social significance and attracts users who want to contribute to solving global problems, which also has a positive effect on the value of the token.
Token inflation and deflation
The governance model of the Dogidog token includes both inflationary and deflationary mechanisms that ensure the stability and maintenance of the token's value in the long term.
Inflationary mechanisms
Staking: One of the main inflationary mechanisms is the issuance of new tokens through Staking. Token holders can freeze their assets in Staking pools and be rewarded with additional Dogidog tokens for doing so. This incentivizes long-term participation in the ecosystem, but may lead to an increase in the total token supply. Activity Rewards: New tokens can also be issued to reward users for completing certain tasks, participating in games, achieving success on the platform, or actively participating in the community. This stimulates user to interact with the platform, but also introduces elements of inflation into the token's economy.
Long-term prospects
In the long term, deflationary mechanisms will help limit the number of tokens in circulation, which creates conditions for their gradual appreciation. At the same time, inflationary mechanisms stimulate the development of the platform and the acquisition of new users, creating a healthy and sustainable ecosystem.
Yield models
The yield models of the Dogidog token are designed to create profit opportunities for ecosystem participants. These models provide incentives for long-term token holding, active participation in the platform, and support for its development. The main yield models include:
Staking yields
Dogidog token holders can participate in staking by freezing their tokens in staking pools. In exchange, users receive rewards in the form of new tokens. The amount of the reward depends on the number of stacks of whipped tokens and the length of the freeze period. This mechanism incentivizes long-term token holding and active participation in supporting the ecosystem. Depending on the amount of staked tokens and the period of their freezing, users can receive rewards of different levels, which encourages more significant contributions and long- term participation.
Profitability of participation in the ecosystem
Users who actively participate in the life of the platform can receive additional Dogidog tokens as a reward for completing various tasks, such as leveling pets, participating in tournaments, completing missions, and other in-game activities. In the process of using the platform, users can receive tokens for achievements, participation in competitions, and completion of game tasks. These tokens can be used for further character development, purchase of in-game items, or exchange for other users.
Profitability from token trading
Dogidog token holders can trade them on various cryptocurrency exchanges, profiting from changes in the value of the tokens. Users can trade tokens within the ecosystem by purchasing and selling in-game assets such as pets, gear, and other items.
Yield on liquidity
Users can participate in the liquidity program by depositing their tokens into liquidity pools on decentralized exchanges. In exchange, they receive rewards in the form of additional Dogidog tokens or other cryptocurrencies.
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