DOGS airdrop is coming soon, detailed explanation of token economics and listing plan
The initial circulation of DOGS accounts for 93.95% of the total supply of tokens, and mining will start at 8:00 on August 23 (UTC+8).
Original text: Golden Finance
Source: Golden Finance, Binance, Gate.io, Bitget
On August 21, 2024, Binance announced that the 57th project Dogs (DOGS) is now available on Binance New Coin Mining. The webpage is expected to be launched within 24 hours before the launch of the new coin pool. Users will be able to stake their BNB and FDUSD into a separate pool to mine DOGS tokens within three days, starting at 00:00 (UTC) on August 23. Binance will list DOGS at 12:00 (UTC) on August 26, and open DOGS/USDT, DOGS/BNB, DOGS/FDUSD and DOGS/TRY trading pairs. The seed tag will be applied to DOGS.
Launchpool Details
Token Name: Dogs (DOGS)
Maximum Token Supply: 550,000,000,000 DOGS
Initial Circulation: 516,750,000,000 DOGS (93.95% of Total Token Supply)
Total Mining: 22,000,000,000 DOGS (4% of Maximum Token Supply)
Mining Time: 08:00, August 23, 2024 to August 26, 2024, GMT+8 07:59
DOGS (DOGS) Introduction
DOGS (DOGS) is a meme coin that aims to capture the spirit and culture of the Telegram community. DOGS stands out because of its unique backstory. The coin is inspired by Spotty, the unofficial mascot of VK (a Russian online social media site), created by Pavel Durov at a charity auction. Spotty quickly became a beloved symbol, and now DOGS aims to bring this tradition to the world of cryptocurrency.
Spotty's journey began when VK's founder, Pavel Durov, drew the iconic dog at a charity auction in support of an orphanage. Spotty became more than just a drawing; it became a symbol of caring and charity, with 100% of sales from Spotty-themed gifts going to help orphanages and children's homes. Over the years, Spotty's adventures have taken him from being one of the first sticker characters on VK, to appearing at VK Fest, and even into space!
DOGS Token Economics
DOGS releases token economics in the Telegram community, with a total supply of 550,000,000,000 DOGS, of which:
1. 81.5% belongs to the community (no lockup): - 73% belongs to Telegram OGs, who earn DOGS in the application; - The rest is used to reward traders, creators and future community members;
2. 10% is allocated to the team and future development;
3. 8.5% is reserved for CEX and DEX liquidity and listing-related activities.
How DOGS (DOGS) Works
Join the DOGS Community
Getting started with DOGS is easy and fun. Here is a step-by-step guide to join the DOGS community and earn tokens:
1. Join Dogs Bot: Join Dogs Bot on Telegram.
2. Start the Bot: Once joined, click the "Start" button. The bot will guide you through the process.
3. Check your Telegram usage: The bot will ask you to verify how long you have been using Telegram. The longer you use it, the more DOGS tokens you will receive.
4. Get your DOGS tokens: After verifying your usage, the bot will reward you with DOGS tokens based on your Telegram activity.
5. Share with Friends: Tell your friends about Dogs Bot. The more people who join, the stronger the community becomes, which can increase the value of the DOGS token.
DOGS Distribution Method
One of the most exciting aspects of DOGS is its distribution method. Unlike traditional mining or purchasing, DOGS tokens are distributed based on the user's Telegram activity. Here are the ways you can get some DOGS tokens:
● Your Telegram account age: The older your Telegram account age, the more DOGS tokens you are likely to receive. This rewards long-term users of the platform.
● Telegram Premium Subscription: Users with Telegram Premium subscription can get additional benefits and more tokens. This will encourage more people to subscribe to Telegram Premium, thereby enhancing their overall Telegram experience.
● OG Status: OG (Original Gangster) status means that you are a long-term and active Telegram user. This status allows you to get more DOGS tokens to recognize your loyalty and activity on the platform.
DOGS Latest News
Another announcement to extend the airdrop claim period
Meme project DOGS officials stated that more than 8 million certified users have requested to deposit their DOGS directly into trading platforms and Telegram wallets. DOGS decided to adjust the TGE date again, and the updated schedule is:
The deadline for claiming to the trading platform and Telegram wallet will be extended to 24:00 on August 23, Beijing time;
The service for claiming to non-custodial wallets will be available from 16:00 on August 26, Beijing time;
TGE and listing will be carried out at 20:00 on August 26, Beijing time.
DOGS is listed on exchanges
Bitget opened DOGS/USDT trading at 20:00 on August 20 (UTC+8)。
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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