KDOE Token
Last updated
Last updated
The KDOE token is an multichain utility token built on the Ethereum blockchain (ERC-20) and Binance Smart Chain (BEP-20) and is an integral component of the Kudoe ecosystem. With a total token supply of 1,000,000,000, KDOE serves as the primary currency for transactions within the gaming and decentralized application space, as well as the underlying currency for our governance protocol (DAO).
We have designed a unique tokenomic contract structure that integrates both cryptocurrency and NFTs by using both the KDOE token and our Dogs of Elon genesis NFT collection. This allows us to create a connected ecosystem that leverages the strengths of both types of digital assets, providing a more robust and engaging experience for our token holders.
DeFi transaction Fee: KDOE has a tax on all sell transactions done through DeFi exchanges (DEX) applications such as Uniswap or PancakeSwap. The funds generated from the fees will be allocated to develop and market Kudoe and the entire ecosystem to enable key growth metrics.
Interconnected: Kudoe has developed a unique and multifaceted token model which is connected to our NFT collection. Kudoe genesis NFT Holders enjoy a discounted transaction dex fee for all buys and sells.
Deflationary: The DeFi transaction fee includes a 1% deflationary fee that removes 1% of each sell transaction from circulation and reduces supply over time.
Staking/Governance: Kudoe has developed a unique staking structure which allows Ethereum based KDOE holders to stake the token and participate in the Kudoe DAO governance using gKDOE.
In-Game Transactions Currency: KDOE will be used as the basis currency for in-game purchases, tournaments, land sales, NFT drops and beyond.
