📈Token/NFT Contracts
Deep dive into the Contract (Tax) Percentages.
1. $ADOG Tokenomics:
The $ADOG token is governed by a set of predefined rules, primarily driven by a tax structure that is applied to each transaction within the ecosystem.
2. Tax Structure:
The token employs a 5% tax on every transaction. This tax is automatically deducted, and the resulting funds are allocated to various purposes, contributing to the overall health and sustainability of the ecosystem.
3. 1% Auto Burn:
1% of the transaction value is automatically designated for the token burn mechanism. Token burning involves sending tokens to an irretrievable address, reducing the total supply. This intentional reduction creates scarcity over time, potentially increasing the value of each remaining token.
4. 1% Auto Reflect:
Another 1% of the transaction value is allocated to the Reflect feature. This means that 1% of the transaction fees are redistributed among existing $ADOG token holders. The Reflect mechanism provides a passive income stream to holders based on their proportional ownership of the tokens.
5. 1% Auto BTC Rewards:
1% of the transaction value is dedicated to providing automatic Bitcoin rewards to holders of the $AlphaDog token. This feature introduces an additional layer of value, allowing holders to earn Bitcoin on top of their $ADOG holdings. The periodic distribution of Bitcoin rewards serves as an incentive for long-term community engagement.
6. 2% Auto LP (Liquidity Pool):
The remaining 2% of the transaction value is allocated to the liquidity pool. The liquidity pool is essential for maintaining a healthy and liquid market for $ADOG tokens. Adequate liquidity ensures that users can buy or sell tokens without significant price slippage.
7. Comprehensive Ecosystem Support:
The tax distribution strategy is designed to support various aspects of the AlphaDog ecosystem. Auto burning enhances scarcity, the Reflect mechanism encourages holding, Bitcoin rewards incentivize community engagement, and the liquidity pool ensures market stability.
8. Balancing Token Supply:
The combination of auto burn, reflect, and liquidity pool mechanisms helps balance the token supply dynamics. Token burning reduces the circulating supply, reflecting rewards incentivize holding, and the liquidity pool supports market liquidity.
In summary, the $ADOG tokenomics, with its 5% tax structure and specific allocations for burning, reflecting, Bitcoin rewards, and liquidity provision, creates a comprehensive and dynamic ecosystem that aims to benefit both the project and its community.
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