DOG puppy coin is a decentralized and deflationary currency based on the ecological chain of fire coins, and the liquidity mine pool is permanently locked. DOG is an upgraded and innovative token in the field of DeFi. It is not necessary to force the holder to manually add the fund pool, and the fund pool will automatically accumulate continuously in every transaction, so that the fund pool of DOG will automatically cycle and thicken, which is safe, automatic, fast, stable, sustainable and permanent. The ownership of the smart contract is handed over to the black hole address on the date of issuance. 5% will be deducted from every transfer transaction in the DOG chain, of which 3% will be added to the MDEX cash pool to provide liquidity, and 2% will be distributed to all holders in real time, including the black hole address. As the amount of money held in the black hole address is greater than the total circulation, more than 1% of the DOG dividend will be distributed to the black hole address in real time, and the dividend of the black hole address will always be greater than 1% and infinitely close to 2%. The rest will be distributed to other holders outside the black hole address in real time. Relatively speaking, the greater the proportion of money held by an individual's address, the more dividends he will get.
Since the issuer has withdrawn at an early stage, the current DOG is completely driven by the self-built DOG community of currency users.
The origin of DOG:
It is inferred that DOG was created by a group of overseas doge enthusiasts in dogecoin. The birth of DOG made up for the lack of doge. The circulation of doge continued to increase every year, and there was no automatic destruction mechanism, resulting in constant inflation. The only income of investors holding doge can only come from the price difference caused by the rise, while in contrast, DOG has more scarce investment value. DOG measures the issuance. In a short period of time, regardless of the price rise and fall of the currency, the holders of the currency enjoy the dividend income brought by real-time trading, which is value-added, never issued and the total circulation is infinitely deflationary. Therefore, DOG attracted many doge investors to participate in it in the early days. DOG was released anonymously through the Internet around March 10th, 2021. So far, it has not been able to find any effective information about its founders.
DOG's mechanism vision:
Everyone who holds a DOG is a block super node, and each node will actively expand new block super nodes in order to realize their dreams, so as to keep going round and round, and promote more super nodes to join them. The joining or quitting of each new member will provide a steady stream of power for the trigger of destroying the dividend mechanism, and finally the dreams of all block super nodes will be gradually realized. Some people speculate that publishers hope to help the bottom groups who have no ability or resources to gain more wealth opportunities in the real society realize their hopes and dreams by creating a real-time, efficient, unique and simple reward mechanism, DOG.
The unique charm of DOG:
DOG has a unique reward and deflation mechanism, and at the same time has the characteristics of liquidity trading and mining. Holding DOG is equivalent to owning a super mining machine, which is permanent and effective without losing any cost. The dividends generated by DOG every day can be converted into any mainstream currency of your mind in real time. Specifically, the DOG in the wallet of the currency holder will get the bonus reward of every transaction in the world according to the locked blockchain smart contract, which cannot be tampered with to ensure that every currency holder gets a fair income. It is a truly decentralized smart contract dividend, and the dividend of each transaction will be automatically paid to the wallet in real time.
The greater the number of dogs in the wallet, the more interest dividends, and the longer the deposit time, the more accumulated dividends, just like people deposit legal tender in the bank to get interest income. As long as you hold the DOG for a long time, you can generate a steady stream of income. This design is particularly beneficial to the allocation of personal and family assets, and can effectively resist the wealth reduction brought about by inflation and realize the steady appreciation of wealth assets.
Simply put, holding a DOG is equivalent to putting money into a global decentralized super bank, which is never closed, anonymous, safe, fair, transparent and reliable. No matter where you are in the world, you can always use the money to take it at any time, and you can earn interest every minute. The longer you store it, the more you will get from rolling interest. Can make your assets truly double the compound interest.
Destruction mechanism of DOG and its value;
Because all behaviors in the chain will trigger the dividend destruction mechanism, the stock of DOG will decrease with the passage of time and the frequent increase of trading times, so it is also known as "Digital gold".
Summary of DOG advantages:
Dividends in currency for coinholders
Infinite deflation
Scarce digital assets
It is often used as one of the important components of personal and family asset allocation. In addition, DOG is also widely used in the reward after the task goal is achieved, the courtesy between public welfare support and interpersonal relationships, which means that the sublimation of friendship and emotion between people is as expensive as gold, and the DOG can be used as a new year's red envelope gift, a younger generation's pension and a Christmas gift. Even in some overseas countries, DOG was used by crazy young believers to propose marriage as a digital bride price. Therefore, DOG has quickly become an indispensable digital asset in the wallets of many young people at home and abroad, digital currency.
Because the current price of DOG is extremely low, many holders call it the bitcoin of the poor.
Construction and development of DOG community
DOG community is a model of pure autonomous community in the true sense. Every holder of money has the right to actively participate in the construction and development of the community and contribute to the development and growth of the community. There is no personal recommendation interest relationship in the DOG community itself, and everyone is in a parallel relationship. They are both nodes and free holders of money. Any holder of money has the right to establish a local DOG community on the basis of the long-term development program of DOG in order to serve more DOG holders.
The holders of the DOG community come from all over the world. Up to now, the number of effective holders in the world has exceeded 3.8 million. With the continuous efforts of all the consensus members in the community, the number of DOG holders is still rising every day. The DOG community has been working hard to make the DOG token the most acceptable and held by the public, actively seeking and trying more ways, and firmly believing that the DOGtoken will be accepted and owned by more and more people. Tip: The DOG token is only issued in the Heco public chain from beginning to end, and no other public chain has been issued. The only consensus of the DOG community is that the DOG token in the Heco chain, the token that impersonates the DOG community and steals the DOG head and is distributed in any other public chain, is counterfeit. Please pay attention to identification.
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