The DegenX Ecosystem will be a DAO (Decentralized Autonomous Organization). Its holders will be 100% in command of decisions related to the ecosystem. DGNX token will be the governance token for it. It's planned to use a Governor Bravo Protocol with a Timelock controller based on the protocol of Compound (https://docs.compound.finance/v2/governance/).
✔️ Liquidity Backing
Introducing a liquidity backing functionality for our token to gain an intrinsic value with an ever increasing price floor. This will be done by a custom contract which is able to collect all types of cryptoassets. Stables, bluechips, LP tokens and even microcaps on which our allocation will have a huge price impact! When you burn your dgnx, your share with the collected assets will be released and transfered to you. This will have no effect on the backing of other owners, instead it will grow faster for them since their percentage allocation of the maximum supply is now higher.
Unleash the limitless potential of the DegenX Bridge, the ultimate blockchain integration revolution! Seamlessly connect and traverse across a multitude of chains, including Ethereum, Binance Smart Chain, Polygon, Avalanche, and Fantom networks. Experience unparalleled freedom as your project expands its horizons and captures new opportunities. By making DGNX accessible to investors on diverse chains, we unlock a world of marketing possibilities, effortlessly amplifying your reach and unleashing unprecedented ease. Don't miss out on this game-changing feature that will take your project to unparalleled heights. Join us on the bridge to boundless success today!
🔲 R.U.G (Really Unbelievable Gains, Staking)
Experience the immense potential of our exceptional multichain staking system! It's our pleasure to introduce this groundbreaking solution that not only starts with the esteemed DGNX token but also extends its remarkable benefits to other tokens seeking secure and cutting-edge utility features. Whether you're a visionary project or a well-established token, we warmly invite you to join our platform and embark on a journey of empowerment. Embrace a future where staking innovation knows no bounds across multiple chains. Together, let's redefine the possibilities.
DEX will be first inflationary through liquidity attack on Pangolin and Traderjoes. While building up the DAO liquidity pool by that, we slowly change to our inflationary mechanism by rising up the burn rate! This will give high passive income for our liqudity pool providers. The decentralized exchange will be a fork of Pancakeswap to build our custom improvements on top of it to be able to adapt our strategy of inflationary and deflationary change.
🔲 D.U.M.P (Degen Ultimate Money Printer, Locker)
Discover our meticulously crafted custom solution on the Blockchain, designed to empower projects with utmost security and trustworthiness. Say goodbye to the worries of rugpulls and embrace a seamless process where you can effortlessly lock liquidity, developer tokens, or even your own tokens in just a few simple steps. We prioritize your safety above all else, ensuring a reliable environment where trust is paramount. Join us on this remarkable journey and experience the peace of mind that comes with our cutting-edge solution.
🔲 Token Creator
work in progress
work in progress