🦴$DAWG Ponzinomics
Last updated
Last updated
Currently, the total supply of $DAWG is capped at 30 million tokens, and minting & updating authority have been renounced by the team. Doge Capital holds a significant portion for long-term growth. This ensures continued ecosystem growth and incentivizes token holding.
Our ponzinomics are a twist on token emissions and the new Dynamic Jackpot! Every time someone buys $DAWG on the market, it triggers a chance to unleash a stream of exciting rewards and value creation. Here's how it works:
Every second between 0 and 10 tokens are added to the jackpot, and on top of this, a random number is drawn between 1 and 1/10th of the amount of $DAWG purchased. Let's say someone buys 100 $DAWG. A number is picked randomly between 1 and 10.
20% of the drawn number is instantly burned, forever removing those tokens from circulation. This creates a deflationary force on $DAWG.
The 80% of the drawn number is injected into the Jackpot, a growing prize pool waiting to be claimed. The bigger the $DAWG purchase, the bigger the potential jackpot boost.
