Tokenomics - $DOGG
$DOGG Token
$DOGG is the governance token.
The total supply of $DOGG is 10,000,000,000 (10 Billion).
$DOGG can be earned through in-game activities and can be purchased or traded on centralized exchanges (CEX).
In CoinArcade, $DOGG is mainly used for minting NFT pets, participating in tournament token staking, trading NFT pets, and community governance.
Deflation Mechanism
Token burned in game
5% staked token charged as platform service fee for each bet
2.5% staked token burned forever to keep $DOGG in a deflation model.
Token burned out of game
Small amount of token to be burned to feed pets to maintain their health condition
Medium amount of token to be burned to upgrade pets
Large amount of token to be burned to hatch pets
Token Distribution
The 10,000,000,000 $DOGG tokens will be distributed as follows:
Investors (15%): TGE 10%,6 months cliff, 24 month vesting period
Seed investor (5%)
Private investor (10%)
Public Sales (2%): TGE 25%, 50% will be unlocked in the third month after TGE, and 25% will be unlocked in the fourth month after TGE
IDO+IEO (2%)
Community (45%): Unlock with linear daily vesting for 60 months after TGE
Eco partner incentives (5%)
Daily activity rewards (5%)
Tournament rewards (15%)
Grand prix rewards (5%)
Community mining (15%)
Team (25%): 9 months cliff, 54 month vesting period
Core team (22%)
Advisors (3%)
Others (13%): 60 months vesting period
Marketing (8%)
Operation (5%), 1% airdrop, 2% liquidity pool, 2% eco rewards
Vesting Schedule
Last updated