LiquiDoge whitepaper

The LiquiDoge whitepaper aims to educate readers on our vision, strategy and roadmap.

Descended from Japanese wolves, Liquidoge is destined to be the leader of the inu packs. Liquidoge is a community driven cryptocurrency with a goal to become a decentralized meme token ecosystem.

Being a natural leader, we aim to build the most inclusive and serving community in the world with three main values in mind: integrity, vision, and humility.

LiquiDoge in a nutshell

Liquidoge is part of the next evolution of a yield-generating contract on the Binance Smart Chain (BSC): you get rewarded in BNB instead of tokens.The token contract employs a static rewards system as follows:

  • 5% fees for buyers
    - 3% BNB is redistributed to holders
    - 2% is used to fund marketing
  • 10% fees for sellers
    - 6% goes to holders
    - 4% is used to fund marketing

In order to fully understand the BNB redistribution, let’s first talk about the reflection concept:

Classic redistribution
This is a concept that was popularized by Safemoon. The mechanism incentivizes token holders to hold in order to earn dividends from the transactions (buys and sells). Redistribution is based on percentage (in the contract), current token balance and number of holders.
TL; DR: You receive more tokens automatically.

BNB redistribution
Popularized by HODL and GhostFace, a transaction fee is applied to every single buy /sell order, tokens are then swapped in realtime for BNB and added to a POOL (similar to how liquidity pools work). Holders can then go to a website and manually claim the BNB earned at specific time (daily / weekly / etc.). The BNB they can collect are based on their token holdings % and the current pool size. TL;DR: You hold, then go to the website and request your BNBs

LiquiDoge redistribution

The way it works for holders: You buy tokens and hold them, every 20 minutes you’ll automatically receive BNB in your wallet. Not a single action is required.

Your
LiquiDoge tokens amount is persistant and won’t change.

Behind the scenes:
-
The contract keeps track in an array of all token holders,
- The contract keeps an index into the array for processing,
- Every transaction processes a certain number of users, depending on the transaction size (bigger token transfers can process more, since the gas will still be proportionally less than the value of the tokens),
- The token is based on a Dividend-Paying Token Standard, which means all BNB the contract gains will be split equally proportionally to the token holders.
- When a user is processed, the contract checks how many withdrawable dividends they have, and if it is above the minimum threshold for auto-claims, will either automatically claim those dividends for BNB, or automatically buy back tokens for them.

This system is fully automated and doesn’t add minimal gas fees proportional to value transferred. The number of holders processed through each transaction is dynamic and based on transaction size. Holders will receive dividends from the queue based on their position in the array. It’s a fair system, fully automated.

What if I don’t want to wait?
We have set up a manual option for impatient holders so they can claim manually!

LiquiDoge Rewards added value

Instead of having a marketing wallet that receives the rewards based on it’s holdings and introduces a risk of the team dumping tokens, we implemented a direct marketing fee from every transaction, and there are no team or marketing tokens, so the team will not dump any tokens and decrease the price.

LiquiDoge redistribution

DEX public claim
Following the buy on PancakeSwap, you will be able to claim your rewards tokens on the dashbaord.

Renouncing / Locking the contract
We will lock the contract before the launch and links will be provided. The remaining time to the unlock will be very clearly displayed on BSC scan for anyone interested to check.

Token Information

‍Network: Binance Smart Chain (BEP-20)
Ticker: LiquiDoge
Decimals: 18

‍TOTAL SUPPLY : 1,000,000,000

Liquidity Pool : 20 BNB
Max. Contribution : 3 BNB at launch to avoid dumps

Security of LiquiDoge

Locked Liquidity
Initial liquidity will be locked for 18 months to provide holders with peace of mind that the token can always be exchanged. A trusted 3rd party, CryptexLock, will operate as the middle man to ensure that all raised liquidity is locked in a secure locker for the full timeframe.

Other features

We did everything necessary for an environment that maximizes buying and holding, and minimizes selling.

Anti-Dump protection
Price protection features such as max tx on sells are included. Any transaction selling more than 0.1% of total supply will be rejected. This prevents massive one time sells that drastically alter the token price.

Thank you for reading !

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Liquidoge Token cryptocurrency official Medium

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LiquiDoge

LiquiDoge

Liquidoge Token cryptocurrency official Medium

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