Description
Inspired by the great Dumbledore, who was a legendary collector, DumbleDAO aims to acquire the largest passive income generating NFT collection on the planet.
Each $DUMBLE transaction will incur a 5% tax for the DAO Treasury. DAO members will vote on which NFTs to purchase, and the yield will be split up between token holders and DAO members.
A decentralized autonomous organization (DAO) is an entity with no central leadership. Decisions get made from the bottom-up, governed by a community organized around a specific set of rules enforced on a blockchain. They have built-in treasuries that are only accessible with the approval of their members. Decisions are made via proposals the group votes on during a specified period.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, DumbleDAO has established itself as a formidable player. It is currently ranked #6,688 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in DumbleDAO as a viable digital asset.
Buy & Sell Taxes
When trading DumbleDAO, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for DumbleDAO is 0.06%, while the sell tax is 0.06%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of DumbleDAO consist of a total supply of 7,777,777 tokens, out of which 7,766,933 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your DumbleDAO tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade DumbleDAO, you can use various popular exchanges such as ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in DumbleDAO with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
