# Introduction {% hint style="info" %} Dango Token is an ERC20 Token on the Base Network designed to promote and embody the principles of equality, fairness, and inclusivity in the world of digital finance. In a time when the traditional financial system is rife with inequality and exclusion, Dango Token aims to provide a decentralized and equitable alternative. This whitepaper outlines the vision, technology, and governance structure of Dango Token. {% endhint %} Cryptocurrency has the potential to revolutionize the global financial landscape, but many existing projects have fallen short of their promise to create a more equitable system or have been outright scams or rug-pulls. Dango Token was conceived to address these shortcomings and introduce a truly egalitarian digital currency. * 🚰 **Faucet:** The free faucet will drop $Dango until the Faucet Address is empty. You only have to pay the gas fees which are negligible on the Base Network. The Faucet rewards early users and creates equitable access to the Dango Community. * 📈 **Staking (Coming Soon):** Staking will reward those who lock their $Dango for longer. Time-locked staking rewards those who have confidence in the Dango Community while it discourages pump-and-dump schemes. * 🖼️ **Council of Dangos NFT-s (Coming Soon):** The holders of the NFT-s will be the voting body of the Dango Community. All NFTs will be freely given out during a 3-year period based on merit and a lottery system, and all author fees will be used to burn $Dango. * 🗳️ **Governance Pool:** A massive 18 Billion $Dango Governance Pool has been locked, and it will become available once all Council of Dangos NFTs have been issued (NFTs will be given out during a 3-year period to the community). * ⚙️ **Organic Use-cases:** The council will propose and vote for use cases for which the Governance Pool will be used. Such use cases may be: marketing, research, developer incubator, gaming, merch, charity, and more. * 👬 **Community Driven:** There are no paid employees in the Dango Community. So there is no financial incentive to mismanage the project or dump vesting tokens. * ✊ **Passionate Development:** The Dango Project aims to combine economic theory with computer science to create a truly unique community based on equality. # Vision and Principles {% hint style="info" %} This page outlines the general Vision and Principles of the project. {% endhint %} **Equality:** Dango Token's core principle is equality. We believe that every individual should have equal access to financial resources and opportunities, regardless of their background, wealth, or geographic location. **Decentralization:** Dango Token operates on a decentralized blockchain called [Base Network](https://base.org/), ensuring that no single entity has control over the network. This decentralization promotes transparency, security, and trust among users. **Inclusivity:** We aim to make Dango Token accessible to all. Our user-friendly interfaces and low transaction fees ensure that anyone, regardless of technical expertise or financial means, can participate in the community. **Always Free:** Tokens are given out via the Faucet for all community members, while the Council of Dangos NFTs will be given out to those who contributed in a substantial way to the Dango Project! *Dango Token is more than just a cryptocurrency; it's a movement toward a more equitable and inclusive financial system. We invite you to join us on this journey toward a brighter, fairer future.* ### Use Cases Dango Token can be used for a wide range of applications, including: * **Peer-to-peer transactions** * **Remittances** * **Online Purchases** * **Micropayments** * **Yield** * **Community Engagement** * **Blockchain Research** * **Developer Incubator** * **Gaming** * **Merch** * **Charity** ## Equality: All Dangos Are the Same Dango Token's vision is deeply rooted in the principle of equality, and it draws inspiration from the concept that all **Dangos** are the same. In Japanese culture, "Dango" refers to a type of dumpling, and while they may have different flavors, shapes, and sizes, at their core, they are made from the same simple ingredients: rice flour and water. This notion of equality among Dangos serves as a metaphor for our community's principles: **Universal Access** Dango Token aims to provide universal access to financial services. Regardless of a person's background, wealth, or geographic location, everyone should have the same opportunities to participate in the global economy. The blockchain technology underpinning Dango Token operates 24/7 and is accessible to anyone with an internet connection, ensuring that financial services are available to all, just like Dangos being the same for everyone. **Inclusivity** Inclusivity is at the heart of Dango Token. Just as all Dangos share a fundamental commonality, Dango Token seeks to unite individuals from diverse backgrounds. Our platform is designed to be user-friendly, with intuitive interfaces, low transaction fees, and support for multiple languages. Whether you're a seasoned cryptocurrency enthusiast or completely new to the world of digital finance, Dango Token is here to welcome you. **Economic Equality** Dango Token promotes economic equality by eliminating barriers to entry. In traditional financial systems, access to banking services, investment opportunities, and international transactions can be limited or costly. Dango Token strives to level the playing field by providing affordable and efficient financial solutions, ensuring that economic opportunities are distributed more equitably. #### Sustainability Dango Token is not only committed to equality among users but also to sustainability. Environmental sustainability is a growing concern, and blockchain technology has been criticized for its energy consumption. Dango Token addresses this by building upon eco-friendly networks and continuously researching ways to reduce its environmental impact. Just as Dangos are created sustainably from simple ingredients, Dango Token strives to minimize its ecological footprint while serving the needs of the global community. *** *In essence, Dango Token's vision and principles are founded on the belief that, like Dangos, all individuals are fundamentally the same and deserve equal access to financial resources and opportunities. This vision, combined with decentralization and sustainability, guides the development of Dango Token as it seeks to create a more equitable and inclusive world of digital finance.*
# Technology #### Multi-Chain Future Dango Token is at the forefront of innovation, utilizing a multi-chain architecture that leverages the capabilities of the most popular blockchains, including Ethereum, Base, Polygon, and Arbitrum. This approach reflects our commitment to providing users with diverse options while ensuring scalability, efficiency, and accessibility. **Ethereum Compatibility** As one of the pioneers in the blockchain space, Ethereum has established itself as a trusted and widely adopted platform. Dango Token leverages Ethereum's robust infrastructure to ensure compatibility and interoperability with existing Ethereum-based applications, wallets, and decentralized exchanges (DEXs). By doing so, we empower users to seamlessly access the Dango Token ecosystem while benefiting from the security and liquidity of the wider Ethereum network. **Base Network for Scalability** Scalability is a critical factor in achieving our goal of equal access. Dango Token harnesses the power of Base Network (and later Polygon, and Arbitrum) a Layer 2 scaling solution for Ethereum, to process transactions more efficiently and cost-effectively. By utilizing Base's L2 capabilities, Dango Token can offer users rapid transaction confirmations and reduced fees while maintaining the security and decentralization of Ethereum's mainnet. **Base Network for Optimized Performance** To further enhance the user experience, Dango Token integrates with **Base Network**, a Layer 2 scaling solution that optimizes smart contract execution. This collaboration ensures that Dango Token's smart contracts are executed with high throughput and minimal latency, providing users with a seamless and responsive decentralized environment. *** *In summary, Dango Token's technology is a testament to our commitment to equal access and fair value distribution. By embracing a multi-chain approach and developing innovative blockchain technology, we strive to create a decentralized ecosystem that empowers users to participate on their own terms, regardless of their background or resources, just like all Dangos are fundamentally the same.* # Token Distribution Dango Tokens will be distributed through a fair and transparent process. A maximum supply of 20 billion tokens will be created. 18 Billion of the tokens will be locked for the Council of Dangos and disbursed solely through the [Governance System](/governance). Dango Token places a strong emphasis on a fair, transparent, and equitable token distribution process. The goal is to ensure that the initial distribution of tokens sets the foundation for a diverse and engaged community that aligns with the project's core principles of equality and inclusivity. #### Maximum Supply The total maximum supply of Dango Tokens is set at 20 billion tokens. This capped supply is intended to prevent inflation and ensure the scarcity and value of the token. **Token Metrics:** * **Total Supply:** 20000000000 (20 Billion) * **Ticker:** DANGO * **Blockchain:** BASE Network (ETH L2) * **Contract Address:** [0x4850a02d3d005243bbeb2740d4569d08a32fa19f](https://basescan.org/address/0x4850a02d3d005243bbeb2740d4569d08a32fa19f) ### Token Distribution
NameAmount of Tokens% of SupplyPurpose
Governance Pool18 Billion90Locked until the Council of Dangos is fully opreational
Staking Pool1 Billion5Staking Rewards
DEX Pool400 Million2Initial LP Funding
Faucet Pool200 Million1Equitable Faucet Distributions
Operations Pool200 Million18.33 Million token vesting for a 24 month period for initial operations (marketing, infrastructure, etc...) costs.
Developer Pool200 Million18.33 Million token vesting for a 24 month period for initial development costs.
Total20 Billion100
**Locked for Governance Tokens** To support ongoing development, marketing, partnerships, and community engagement, a large portion of the token supply will be locked. The distribution of these reserved tokens will be carefully planned and voted on by the Council of Dangos. #### Future Distribution Dango Token is committed to ongoing, equitable token distribution mechanisms. Future distribution strategies may include staking rewards, yield farming, liquidity provision incentives, and more, all designed to encourage participation and engagement within the ecosystem. *** *In conclusion, Dango Token's token distribution strategy is built upon principles of fairness, transparency, and inclusivity. By carefully managing the initial distribution and planning for ongoing token incentives, Dango Token aims to create a diverse and engaged community that shares in the project's mission of promoting equality in the world of digital finance.* # DEX LP Pools The Dango Token DEX LP was created on [SushiSwap](https://www.sushi.com). *** Dango Token Contract: [0x4850a02d3d005243bbeb2740d4569d08a32fa19f](https://basescan.org/token/0x4850a02d3d005243bbeb2740d4569d08a32fa19f) Direct URL to the Pool: # Faucet **The DANGO faucet is dripping 1000 DANGO for each Claim at this time.** * You can claim a maximum and default amount of 1000 DANGO. * The address field will autofill once you connect your wallet. * You can only claim to the wallet you are connected with! ## Phase 1 In Phase One 10 Million DANGO can be claimed. After this, the **Council of Dangos** can elect to create new phases. ## FAQ
Can I claim less than 1000 DANGO? To avoid spamming the Base Blockchain, it was decided to only allow to claim 1000 DANGO at a time. Once you use the Faucet, you will automatically receive 1000 DANGO.
Why can't I claim to another wallet address? An organic use-case is to claim to your own wallet. This measure allows us to make it harder for bots to drain the faucet address and to avoid Sybil Attacks.
What should I do with my newly received DANGO? They are yours now! You can transfer them, stake them, sell them, or do anything else. But we highly encourage you to use them to participate in the community!
# Staking Welcome to the Dango Staking Contract! This document provides you with a comprehensive guide on how to use our staking contract to stake your Dango Tokens and earn rewards. *** ### 1. Introduction The Council of Dangos Staking Contract allows you to stake your Dango Tokens and earn rewards based on the duration of your stake. All stakers are treated equally, ensuring a fair and transparent staking experience. ### 2. Getting Started #### 2.1 Prerequisites Before you begin staking, ensure that you have: * A wallet compatible with Dango Tokens (e.g., MetaMask). * Sufficient Dango Tokens in your wallet. #### 2.2 Accessing the Staking Contract To access the staking contract: 1. Visit the [Dango Token](https://dangotoken.com/) website. 2. Navigate to the Staking section. 3. Connect your wallet to the platform. ### 3. Staking Your Dango Tokens To stake your Dango Tokens: 1. On the staking platform, select "Stake." 2. Enter the amount of Dango Tokens you want to stake and specify the staking duration. 3. Confirm the transaction in your wallet. 4. Your tokens are now staked in the contract. ### 4. Unstaking and Withdrawal #### 4.1 Unstaking * You can only unstake your tokens after the lock-in period has expired. * To unstake: 1. Go to the staking platform. 2. Click "Unstake." 3. Confirm the transaction in your wallet. #### 4.2 Withdrawal of Rewards * You can withdraw your earned rewards at any time without affecting your staked tokens. * To withdraw rewards: 1. Go to the staking platform. 2. Click "Withdraw Rewards." 3. Confirm the transaction in your wallet. ### 5. Emergency Unstaking In case of emergencies, an emergency unstaking feature is available. However, this feature comes with a penalty. Use it only when necessary. ### 6. Staking Lock-in Periods Soon. ### 7. FAQs * **Q: How are rewards calculated?** * A: Rewards are calculated based on the duration you have staked your tokens and the predetermined annual percentage yield (APY). * **Q: Can I unstake my tokens at any time?** * A: No, there is a lock-in period before you can unstake your tokens. *** *The Dango Staking Contract provides you with a fair and equitable way to stake your Dango Tokens and participate in governance. We encourage you to explore our platform, stake your tokens, and actively engage in our community discussions to help shape the future of our project.* *If you have further questions or need assistance, please don't hesitate to reach out to our community support channels. Happy staking!* # Governance Dango Token's governance is driven by its community of users. NFT holders can propose and vote on changes to the project, ensuring a truly democratic decision-making process. Dango Token places a strong emphasis on decentralized governance, ensuring that the community of NFT holders has a direct and meaningful say in the development and evolution of the project. Our governance model is designed to be inclusive, transparent, and equitable. ### Democratic Decision-Making One of the key features of Dango Token's governance system is its democratic decision-making process. All token holders have the right to propose changes, improvements, and updates to the network. These proposals can range from technical upgrades to changes in network parameters, such as transaction fees or block size limits. ### Voting Mechanism To ensure fairness and transparency in decision-making, Dango Token employs a secure and transparent voting mechanism. Each NFT in a holder's possession represents one vote. This means that the more NFT-s an individual holds, the more significant their influence in the governance process. However, this design is intentional, as it aligns with the principle of economic stake corresponding to decision-making power. ### Proposal Process The proposal process is open to all token holders, promoting an environment where ideas and improvements can come from anyone within the community. The process typically involves the following steps: 1. **Proposal Submission:** Any NFT holder can submit a proposal on Discord. Proposals should be well-documented and include a clear explanation of the proposed change and its potential benefits. 2. **Discussion Period:** Once a proposal is submitted, there is a designated discussion period during which the community can provide feedback, ask questions, and voice concerns. This period ensures that proposals are thoroughly vetted and understood by the community. 3. **Voting Period:** After the discussion period, the proposal enters a voting phase. All token holders can cast their votes in favor of or against the proposal. The proposal is accepted if it receives a predetermined majority of positive votes. 4. **Implementation:** If a proposal is accepted, the development team or designated parties work to implement the proposed changes. This process is carried out transparently, and progress is regularly communicated to the community. ### Transparency and Accountability Transparency is a fundamental principle of Dango Token's governance. All proposals, votes, and decisions are recorded on the blockchain and made accessible to the public. This transparency holds the network accountable and allows for scrutiny of the decision-making process. *** *In conclusion, Dango Token's governance framework is designed to empower its community, giving every NFT holder a voice in shaping the future of the project. This commitment to decentralization and inclusivity ensures that Dango Token remains true to its core principles of equality and fairness in the world of digital finance.* # Council of Dangos NFTs Welcome to the Council of Dangos, a unique NFT project where every NFT holder is considered equal and forms a part of the governing body known as the "Council." In this documentation, we'll explore the key aspects of this project, from the NFT details to the governance structure that empowers our community of Dango holders. ### Overview #### NFT Collection The Council of Dangos consists of 4,000 distinct and vibrant NFTs, each representing a unique Dango character. These adorable digital collectibles are not only visually appealing but also come with special utility within our community. #### Equality Principle In the Council of Dangos, we believe that all Dangos are created equal. This principle is at the core of our project. Regardless of when you acquired your NFT, every holder is granted the same rights and privileges within our governance framework. #### Utility Owning a Dango NFT provides you with access to the Council of Dangos governance platform, where you can participate in important decisions related to the project's development, community initiatives, and more. Additionally, NFT holders gain early access to exclusive events, merchandise, and opportunities within our ecosystem. ### Governance #### The Council of Dangos The Council of Dangos is the governing body of this NFT project. The Council holds the power to make critical decisions regarding the project's future, including but not limited to: * **Project Development:** Voting on new features, upgrades, and partnerships. * **Community Initiatives:** Proposing and supporting charitable causes and community-driven events. * **Community Growth:** Deciding on the allocation of project funds and resources. * **Artistic Collaborations:** Participating in the selection of artists for future NFT collections. #### Voting Mechanism To ensure fairness and inclusivity, the Council employs a transparent and secure on-chain voting mechanism. Each NFT holder has an equal say, and decisions are made based on a majority consensus. ### Community Participation We highly encourage active participation within the Council of Dangos community. Some ways to get involved include: * **Proposing Initiatives:** Share your ideas and projects that benefit the community. * **Voting:** Exercise your voting power to influence the project's direction. * **Collaboration:** Connect with fellow NFT holders to collaborate on creative or charitable endeavors. * **Discussions:** Engage in discussions on our community forums and social media channels. ### [Roadmap](https://dangotoken.com/#roadmap) The Council of Dangos project is continually evolving. Our roadmap includes plans for: * **NFT Utility Expansion:** Enhancing the utility of Dango NFTs within our ecosystem. * **Partnerships:** Collaborating with artists, charities, and other NFT projects. * **Governance Enhancements:** Improving the governance platform for more efficient decision-making. * **Community Events:** Hosting exclusive events and giveaways for our NFT holders. *** *The Council of Dangos is more than just a collection of NFTs; it's a vibrant and inclusive community where all NFT holders have an equal voice. We believe in the power of collaboration and the principle that every Dango is equal. Join us in shaping the future of our project and the broader NFT space! Together, we can achieve great things.* # Socials ### Official Social Channels: Discord: Twitter: ### Official Token Pages: CoinMarketCap: Coming Soon Coingecko: Coming Soon