DogeForth Wants to Bring True Utility to the Doge Ecosystem, and it’s coming to Starter
A rebasing protocol pegged to the price of Dogecoin, DogeForth has its sights set on a mini-ecosystem including a DogePad and a DogeDao
The success of Dogecoin in 2021 is well documented, this huge adoption of DOGE spawned an entirely new class of coin in crypto — meme coins. From Doggy Coins to Pepe Coins, meme coins have dominated the crypto sphere lately, and DogeForth is set to capitalise on this theme, or is it?
In fact, in DogeForth’s own words,
“This is not your stereotypical copycat meme project. This is a project that is allowing Doge to evolve into a potentially flourishing ecosystem that can grow exponentially in the crypto industry.”
As such, DogeForth combines both meme popularity with utility, to create a unique offering that appeals both to DOGE fans and those ‘in crypto for the tech’.
DogeForth Protocol is now live on the decentralised element of the Starter launchpad on Binance Smart Chain and, as with all IDOs on V3, will need a net total of 150k YES votes to go forward to IDO — Starters need a minimum of 100 $START to vote and can do so here: https://bscstarter.finance/#/pool/116
Now let’s get stuck into DogeForth so our $START-ers can DYOR…
What is DogeForth Protocol?
At its heart, DogeForth Protocol ($RDOGE)is a rebase token designed for stable growth and adoption.
The rebasing token also has a strong direction for community management through community-based voting events that will determine project decision-making. Dogeforth Protocol will not only be pegged to its underlying asset Dogecoin but will be loyally attached to its dedicated community of cryptocurrency investors.
The DogeForth price will rebase to that of Dogecoin once every 24 hours and the time this will happen will be viewable on the DogeForth dashboard.
If you do not know what a rebasing token is, in short, the protocol utilises rebasing, a process that expands or contracts token supply, to meet a target price. For DogeForth Protocol, depending on the market price of the token at the time, tokens will either be minted or burned to
DogeDAO
Dogeforth will introduce its own brand-new fair and community-based governance system. With DogeDAO, community members will be able to participate in voting events that will have an impact on team decision making, token features, community activities and the future of DogeForth.
DogeForth token holders who hold more tokens will be granted more voting power, thus creating a larger impact on the final outcome of the voting process. We want DogeDAO to be as fair and exciting as possible, and community members will be incentivized to participate by being able to claim exclusive Dogeforth rewards from the DogeDAO voting treasury.
DogePad
DogePad is a new launchpad that will be holding crowd fundraising pools for Doge-related projects. Token holders will need to whitelist into each pool and stake $RDOGE in order to participate. This is an opportunity for investors to get in early on upcoming and new projects.
Tokenomics
Key to the success of any cryptocurrency is the tokenomics — here are all the details:
$RDOGE Utility
The $RDOGE Token serves as a utility for the Dogeforth platform.
$RDOGE utilities include:
Staking and Rewards: Dogeforth token holders can earn passive income rewards. Staking $RDOGE will give users full access to the Dogeforth platform.
Access to DogePad IDOs.
Voting on the future of DogeForth Protocol via DogeDAO (Governance).
Total Supply 10,000,000 $RDOGE
- IDO 3,500,000 (35%)
- Team 500,000 (5%)
- Staking 1,000,000 (10%)
- PancakeSwap 1,500,000 (15%)
- Development 500,000 (5%)
- Reserve 1,500,000 (15%)
- Marketing 1,500,000 (15%)
IDO Details
DogeForth has been audited by Solidity.Finance: https://solidity.finance/audits/Dogeforth/
Date: 21:00 UTC 15th June, 2021
Guaranteed Allocation: No headstart.
Direct Link: https://bscstarter.finance/#/pool/116
Softcap: 300 BNB
Hardcap: 850 BNB
IDO price: 0.0018133 BNB/Token
Listing price: 0.0018608 BNB/Token
Liquidity allocation: 45%
Liquidity locked: 180 days
If you want DogeForth Protocol to get to IDO then vote YES on the pool page now (min 100 START needed to vote): https://bscstarter.finance/#/pool/116
DogeForth Protocol
Website: https://www.dogeforth.org/
Whitepaper: https://docs.dogeforth.org/
Twitter: https://twitter.com/dogeforth
Telegram Chat: https://t.me/Dogeforth
Telegram Annoucements: https://t.me/DogeforthAnnouncements
Medium: https://dogeforth.medium.com
Starter
✉️ Telegram: https://t.me/starterxyz
🐦 Twitter: https://twitter.com/starterxyz
🔊 Announcements: https://t.me/starter_announcements
🚀 START Contract: https://bscscan.com/token/0x31d0a7ada4d4c131eb612db48861211f63e57610
The #1 and most active community-oriented multichain token presale platform $START https://BSCstarter.finance
