Dogechain’s veTokenomics and the veDC Model Explained
Tokenomics are an essential factor in creating a new cryptocurrency. They entail a wide range of components including the token’s supply, distribution, vesting mechanisms, burning, and utility, among others. The combination of these features determines whether a project can hold the investor’s interest for the long haul and outlive its competitors. In essence, tokenomics help users realize the potential value of a blockchain project and its viability.
Consequently, creating sustainable tokenomics is crucial to encourage the growth of both the community and the ecosystem. With this in mind, the Dogechain team had a challenging task at hand when designing the $DC economic model…
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