DOG Dog Token

关于 Dog Token

1. DOG overview DOG, Doggie Coin is a decentralized, extremely fast deflationary currency based on the Huobi ecological chain. The liquidity mining pool is permanently locked, and the smart contract ownership is transferred to the black hole address on the date of issuance. Every transfer transaction on the DOG chain will be tax deducted by 5%, of which 3% is added to the MDEX fund pool to provide liquidity, 1% is invested in the black hole address in real time, and 1% is allocated to other holders outside the black hole address in real time. Since the issuer has withdrawn in the early stage, the current DOG is completely driven by the DOG community built by currency holders. 2. The origin of DOG It is inferred that DOG was created by a group of overseas Dogecoin enthusiasts freely. It was issued anonymously through the Internet on March 10, 2021. So far, it has not been possible to find any valid information about the relevant founders. 3. DOG's mechanism vision Everyone holding a DOG is a block super node, and each node will take the initiative to expand new block super nodes in order to realize their dreams, so as to continue to cycle and promote more super nodes to join. The entry or exit of a new member will provide a steady stream of motivation for the triggering of the destruction of the dividend mechanism, and eventually the dream of all block super nodes will gradually come true. Some people speculate that the issuer hopes that by creating DOG, a real-time, efficient, unique and simple reward mechanism, it can help the lower-level groups who do not have the ability or resources to obtain more wealth opportunities in the real society to realize their hopes and dreams. 4.   The unique charm of DOG DOG has a unique reward and deflation mechanism, as well as liquid transaction mining characteristics. Specifically, the DOG in the wallet of the coin holder will receive the dividend reward for every transaction in the world according to the locked blockchain smart contract, which cannot be tampered with. , To ensure that each token holder gets fair income, it is a real decentralized smart contract dividend, and every transaction dividend is automatically sent to the account wallet in real time. The greater the number of DOG in the wallet, the more interest dividends will be, and the longer the storage time, the more dividends will be accumulated, just like people depositing legal currency in the bank to obtain interest income. No matter whether it is held for a long time or transferred, traded, or circulated, DOG can generate income. This design is particularly conducive to the allocation of personal and family assets, which can effectively resist the reduction of wealth caused by inflation and realize the steady increase of wealth assets. 5. DOG destruction mechanism and its value Since all actions on the chain will trigger the destruction of the dividend mechanism, the stock of DOG will decrease and become more scarce with the passage of time and the frequent increase in the number of transactions, so it is also known as: Digital gold (digital gold), commonly used It is one of the important components of personal and family asset allocation. In addition, DOG is also widely used by people for rewards after mission goals are achieved, charity support and interpersonal relations, which represent the sublimation of friendship and emotions between people as precious as gold, and even some overseas. National DOG was once used by crazy young believers to propose marriage as a digital gift. Therefore, DOG has quickly become an indispensable digital asset in the digital currency wallets of many young people at home and abroad. Due to the extremely low price of DOG at present, many holders call it the Bitcoin of the poor.