And it’s pretty fucking huge.
Let’s talk a little bit about how this shit works.
Tokenomic principles can be confusing, and even more so when a project introduces unnecessary or complicated facets. Token burns without any real purpose, deployer wallets introducing or dripping tokens into the circulating supply to give the impression of scarcity that doesn’t really exist, and other tactics to make the project look healthier than it really is.
$HAVOCV2 didn’t do any of that. HAVOC dropped the entire supply on the street. Liquidity was added, fair launched, no owner wallets, no team wallets, and away we went.
The tokenomics are pretty simple really. There’s 100M $HAVOCV2. Multiply that by current price, and there’s your Market Cap (which doesn’t really mean anything anyway). The taxes are pretty clear too. 6% buy, 9% sell, with a round-trip of 15%. Those taxes are equally divided between LP, Marketing/Development, and Reflections.
Nothing new right?
Nope.
But…what if I told you that there was a way to create a supply shortage? What if I told you that this supply “problem” could be created without a token burn? Would you believe me?
The DawgPound DAO is what makes this project different from your typical reflection project. The infrastructure being developed by the Team includes the Main DAO, appropriately named The DawgPound. And 5 Mini-DAOs.
Read more about how it’s structured here– I don’t feel like regurgitating it for the lazy.
Ready for the shift in the supply-demand curve?
Ok. Here goes.
The DawgPound DAO wallet, owned by the Community, will ultimately settle in with a 5% bag, reflecting for the Members. The Mini-DAOs will hold a 2% bag each, owned collectively by those Members of each. (gotta hold that NFT…did you read the DAO docs or skip it anon?)
Look at what happens once this is completed. I will give you a minute.
Ok…your minute is up.
15%, all Community owned, has been effectively vaulted and removed from circulation. And it is earning reflections for all Members.
That’s a hell of a lot better than a token burn.
If you disagree with that, I cannot help you any further, and wish you the best of luck chasing pots of gold under rainbows…hint…it’s an illusion…just like most token burns…won’t find any gold there.
But what happens if all of that gets sold?
Excellent question.
The next Proposal from the DawgPound will be the following:
That it will be placed in a Multi-sig wallet and require a Super-Majority of 75% to liquidate it.
That oughtta do it. How would you vote? Yay or Nay?
We are building a lot of things here. The foundation is being laid brick by brick.
Now…get off your ass and cast your vote. We have established a fair DAO, a fair voting process, including priority multipliers for Holders that have stood with us as early adopters…take advantage of it…and for perhaps the first time in this asset class, your opinion matters.
The next article will detail how the Mini-DAO wallets receive the $HAVOCV2…that article starts like this:
DO BUYBACKS REALLY BENEFIT ANYBODY?
More coming…stay tuned.
