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DogeGod Token is the first dividend token based on a stablecoin burn mechanism that does not follow Bitcoin market conditions. The intricate ecosystem is based on multiple contracts working in unison and it is tailored around giving back to investors Dogecoin without having to cannibalize the investor's assets.
DogeGod launched on August 8 and it was developed by a team of four people. The transactional ecosystem is already functional and can be seen in action at oracle.dogegod.io, which delivers on the team's commitment to transparency and is a handy tool for the investor to manage their assets in real time.
The contract has a 15% total transaction fee. 12.5% goes towards acquiring Dogecoin through the proprietary system and all that Dogecoin will get distributed among holders via Chainlink integration that takes into account multiple data points. The rest of the total tax, 2.5% goes into the Marketing Wallet also as Dogecoin dividends.
Each transaction generates a DGOD token BURN that raises the floor price, increases the liquidity pool and purchases Dogecoin to distribute to DogeGod holders. The Dogecoin is purchased with CZUSD the pairing asset of DogeGod. This innovation stops the constant sell pressure that has been a limitation of reward tokens until now. CZUSD is unique in itself, constantly backing its assets to over 100% with no algorithm. DogeGod.io is a good place to start your journey into everything DogeGod.
The DogeGOD team are indebted to Binance & CZ for developing the Binance Smart Chain. Without BSC, DogeGod would not be possible. Innovation is easy to say but hard to deliver. When your engineers review the contract, they will see we have created something unique.
DogeGod also listed on Dexscreener.com
