💰Tokenomics
Last updated
Last updated
8% of the total $DOGL supply is available in the presale. The token breakdown is structured to promote an initial explosion in market cap while simultaneously providing long-term incentives.
Many controls are in place to manage investor and team incentives, so people are involved in the project for the long term.
Staking allocation is released at particular intervals. Quadratic voting helps to prevent whale domination of decision-making, in tandem with other anti-whale mechanisms. The presale starting price is a tiny $0.00000050, though it will rise in increments throughout the presale and could rise when released on mainstream exchanges.
The presale will be raised across multiple different rounds. Funds will be used to roll out the roadmap. Staking rewards are available through DogLibre and accrue instantaneously upon presale investment.
Phase
Percentage
Presale
8%.
Staking Reward
15%.
Gameplay Reward
12%.
Treasury
18%.
Partnerships
7%.
Marketing
10%.
Liquidity & Launchpool
10%.
R&D & Ops
10%.
Team
10%.
To ensure the market longevity of the $DOGL token and prevent coin centralization, there will be a four-year release period across all categories except presale and liquidity, which have immediate release.
A slower token release/emission schedule encourages smoother price appreciation across time and maintains equilibrium and interest. It also prevents a small number of actors from taking profits early, which is the worst thing that can happen in an ICO.
15% of the token supply is allocated to staking, with 10% staggered over the first 12 months and 5% over the following 6 months. 0.833% of the overall supply is to be released as staking rewards in each month from the beginning of the presale (April 2024), in a 18-month release. Staking rewards accrue instantly upon token purchase from Presale via ERC20 network. Purchased $DOGL tokens will unlock 7 days after the TGE, giving holders full access to their tokens. Staking rewards in $DOGL will be vested and distributed linearly over an 18-month period starting from the TGE. Once vested and distributed, you can restake your $DOGL rewards immediately, maximizing your rewards earning potential while staying aligned with the pack’s long-term vision.
Down the line, $DOGL will have a more innovative model using a tiered staking reward. There are three formulas to this staking model, which combines both time and quantity.
The purpose is to encourage long-term holding and reduce circulating supply, increasing token value over time, which is why both time and quantity need to be included.
The three steps formulas are as follows:
Staking Share = Staked $DOGL*Staking Multiplier
Staking Reward = Staking Share /Total Staking Share * Staking Reward Emission
Staking Multiplier = Amount Multiplier x Time Multiplier
