DOGS: A total of 15 million USD worth of DOGS tokens will be allocated for charitable donations, project development, and burning

2024-09-25 11:57:35
Collection

ChainCatcher message, DOGS announced on the official Telegram channel that the community has voted to allocate $15 million worth of DOGS tokens for charitable donations, future project development, and token burn, which accounts for 3.2% of the total token supply. The allocation plan is as follows:

  • Charitable donations: 606.7 million DOGS, approximately $5.217 million;
  • Future development: 702.2 million DOGS, approximately $6.038 million;
  • To be burned: 478.3 million DOGS, approximately $4.113 million.

The DOGS tokens allocated for charity and future project development will have a one-year vesting period to allow the project to focus on prudent donations and investment project development.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators