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LINK $9.77 -5.40%
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AAVE $88.70 -8.55%
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XLM $0.1511 -5.39%
ZEC $494.79 -9.51%

DOGS: A total of 15 million USD worth of DOGS tokens will be allocated for charitable donations, project development, and burning

2024-09-25 11:57:35
Collection

ChainCatcher message, DOGS announced on the official Telegram channel that the community has voted to allocate $15 million worth of DOGS tokens for charitable donations, future project development, and token burn, which accounts for 3.2% of the total token supply. The allocation plan is as follows:

  • Charitable donations: 606.7 million DOGS, approximately $5.217 million;
  • Future development: 702.2 million DOGS, approximately $6.038 million;
  • To be burned: 478.3 million DOGS, approximately $4.113 million.

The DOGS tokens allocated for charity and future project development will have a one-year vesting period to allow the project to focus on prudent donations and investment project development.

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