🪙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.
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
Token Distribution
| Name | Amount of Tokens | % of Supply | Purpose |
|---|---|---|---|
Governance Pool | 18 Billion | 90 | Locked until the Council of Dangos is fully opreational |
Staking Pool | 1 Billion | 5 | |
DEX Pool | 400 Million | 2 | Initial LP Funding |
Faucet Pool | 200 Million | 1 | Equitable Faucet Distributions |
Operations Pool | 200 Million | 1 | 8.33 Million token vesting for a 24 month period for initial operations (marketing, infrastructure, etc...) costs. |
Developer Pool | 200 Million | 1 | 8.33 Million token vesting for a 24 month period for initial development costs. |
Total | 20 Billion | 100 |
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.
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