Introduction:
DWAB is a decentralized cryptocurrency meme coin created on the Solana network, designed to
leverage the power of memes and community engagement in the digital asset space. This Tokenomics document outlines the key features and economic principles governing DWAB.
Token Distribution:
DWAB has a total fixed supply of 4,312,500,000 coins. The initial distribution of meme coins is as follows:
50% allocated for public sale and liquidity provision.
20% reserved for team and development.
15% earmarked for marketing and community engagement.
10% set aside for project development and partnerships.
5% allocated for advisors and early supporters.
Token Utility: Entertainment.
1. Governance: Holders of DWAB can participate in the governance of the project by voting on proposals related to community initiatives.
2. Staking: N/A
3. Liquidity Provisions: Participants can provide additional liquidity by collecting NFTs of Dog wif a bone.
A % of finalized transactions of NFTs will be utilized by the team to purchase DWAB token supply and burn tokens.
4. Transaction Fees: NO ( hidden ) FEES.
Token Economics:
Inflationary Mechanism: DWAB embraces a controlled mechanism to decrease the circulating token supply over time that follows deflationary principles, emphasizing scarcity through capped supply and strategic token burning, fostering ongoing network activity.
Deflationary Measures: To counteract inflation and maintain long-term value, DWAB incorporates deflationary measures such as token burrning. A portion of NFT transactions is used by the team to buy and burn DWAB periodically, reducing the circulating supply and increasing scarcity.
Community-driven Development: DWAB prioritizes community engagement and feedback in decision- making processes. The community plays a crucial role in proposing and implementing changes to the project, ensuring decentralized governance and alignment with the interest of token holders.
Risk Factors:
Regulatory Uncertainty: As with any cryptocurrency project, DWAB is subject to regulatory risks,
including changes in legislation and government crackdowns on digital assets.
Market Volatility: The value of DWAB may fluctuate significantly due to market dynamics and external factors beyond the project’s control.
Smart Contract Risks: Vulnerabilities or bugs in the smart contracts underlying DWAB could potentially lead to exploits or losses for token olders.
Conclusion:
DWAB presents an innovative approach to leveraging NFTs and community engagement in the cryptocurrency space. With a focus on decentralization, and economic sustainability, DWAB aims to
create a vibrant project where participants can actively contribute to governance and benefit from
network growth to foster a joyful experience with the community around the token to help spread
awareness of the importance of animal welfare and safety.
PLEASE NOTE that investing in DWAB involves risks, and individuals should conduct their own research and consider their risk tolerance before voluntarily participating in the Dog wif a bone project.