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The $DD ERC20 token is used as the reward token on our D-Connect platform. The tokenomics of the $DD token are designed to ensure a sustainable and deflationary token model that benefits all users.
The $DD token will have no initial circulating supply. The smart contract will automatically yield tokens for each holder based on their rating points. Holders will need to claim the yielded $DD tokens (which are unclaimed tokens) before they can be swapped for ETH through our D-Connect dashboard.
$DD Token will start from 0 initial supply.
Total Claimed Tokens = Total Circulating Supply
Total Supply = Total Circulation Supply – Burned Tokens
% Burned = (Swapped Tokens / Total Circulating Supply) * 100
To ensure the long-term viability of the $DD token, the following tokenomics have been established: Once a holder swaps the claimed $DD reward tokens into ETH, the swapped $DD tokens will be automatically burned through the smart contract to maintain a low circulating supply. This will make the $DD token deflationary forever.
Token: $DD Symbol: DD Max Supply: 1B Rating Points to Reward Points Conversion Rate
The chart above shows the distribution of rating points per reward point based on the total $DD tokens minted. The percentages indicate the percentage of total $DD tokens that have been minted at each point on the chart. For example, if 30% of the total $DD tokens have been minted, users will earn 20 rating points for every reward point earned on the platform.
This allocation is intended for distributing reward tokens to stakeholders, who can earn them through various activities such as contributing content, upvoting/downvoting, and collaborating with other users on the D-Connect platform. These tokens can be claimed and exchanged for other cryptocurrencies, including ETH, through the D-Connect dashboard.
This allocation is aimed at incentivizing users to hold and stake $DD tokens to provide liquidity to the platform. Users can earn $DD tokens by staking and providing liquidity, which will help maintain a healthy trading environment and provide opportunities for users to earn rewards.
This allocation is meant for funding ongoing development efforts and supporting the team responsible for maintaining and improving the D-Connect platform. It can also be used for hiring additional staff and contractors to help with technical and marketing tasks.
This allocation is aimed at building partnerships with other projects in the Web3 ecosystem, expanding the D-Connect platform's reach, and providing liquidity for the $DD token. The treasury can also be used for community initiatives, marketing campaigns, and other strategic initiatives to grow the platform.
80% of the secondary market royalty generated by Day Dreamerz is directed towards the liquidity of the $DD token, serving as a reliable source of liquidity.