When my Pokemon aficionado son asked me to explain the difference between DGVC and DGVC-V2 he interrupted me half way through with one word — “Vulpix!”, and directed me to this gif.
DGVC is a basic no-mint, no-burn ERC20 token, which was launched in August 2020 via airdrop. Its innovative model has been covered in notable publications such as: The Coin Tribune; Altcoin Buzz, and Irish Tech News.
DGVC is one of the most powerful applications of Recognition Tokens to date and it is just getting started.
But DGVC is not perfect — its price and therefore its holders suffer from selling off in between #alphadrops.
DGVC-V2 will be a Fee on Transfer (FOT) token. It will leverage the propensity for crypto users to trade between #alphadrops to strengthen its LP (people holding DGVC-ETH-UNI-V2 tokens) through fee revenue, which can be farmed on Liquid Vaults.
A simple token swap via smart contract is proposed.
VIP 2 (Venture Improvement Proposal) co-creation.
DGVC-V2 is in co-creation on Discord. VIP 1 has been active for some months; it was initiated by the community and dealt with the challenges of DGVC described above; VIP 2 is part of Degen.VC’s response to the collaboration.