Hi frens π, read below more about Dogewhale and see some of the innovations behind this cool doge. All frens are welcome π here π
Visit Dogewhale at
Dogewhale.lol ππ³
Who is Dogewhale?
Dogewhale (half doge, half whale) is living temporarily on a planet composed mostly of water. You read it right. Temporarily. Circumstances made this happen during a space exploration flight by Dogewhale when a disturbance in the space-time continuum hit the spaceship that led to a crash into this curious, friendly water planet named Zurbitos. π
Dogewhale, a proud member of the β Doge Alliance Metaverse ππ, is now on a mission to get the much needed Dogefusion33 β½ for the spaceship to get out of the water planet to return to its primary mission asap.
The innovations of the Dogewhale token π°
Dogewhale is a deflationary token backed by a reserve (tank) of doge tokens.
Unlike other DeFi tokens, the Dogewhale protocol adds more than one token to the reserve. Dogewhale adds multiple doges/tokens to the tank. To keep it simple for new frens out there, think about the protocol as buying multiple doge tokens and adding liquidity all the time.
Whatβs more about the reserve? The protocol allows Dogewhale holders to claim 10% of the reserve at pre-established checkpoints. These checkpoints are based on the reserveβs total doges/tokens value. Whenever the reserve achieves Checkpoint 1 (established at $12500), holders can claim 10% of the reserve in proportion to their holdings. Checkpoint 2 ($25000) is the double of Checkpoint 1, and it keeps doubling every checkpoint until it reaches 100% of the reserve. At that time, all holders can claim the total amount of the reserve in proportion to their holdings.
The much needed Philanthropy
The total supply of Dogewhale is divided among many different contracts for different purposes (All contracts will be shared soon) and one of them is the Philanthropy contact.
The Philanthropy contract locks 3% of the entire supply of Dogewhale. How will Dogewhale contribute to a better world? Well, at checkpoints, the contract will get its share of 3%, which goes to a selected institution of the communityβs choice.
Soon, youβll see more behind the Dogewhale tokenomics in this medium profile and the telegram group. Join more frens π here π to keep updated with the distribution event π to happen very soon.
Check also π
Dogewhale website: Dogewhale.lol ππ³
Doge Alliance Website: Dogealliance.space ππ
Doge Fusion 33 Website: Dogefusion.energy β½