What Is Dogey-Inu (DINU)?
Dogey-Inu (DINU) is a DeFi (decentralized finance) meme token developed by the members and fans of the Shiba-Inu community. The cryptocurrency project was developed on the Ethereum blockchain. According to the website of the asset, the goal of the token is to bring people from all around the world under a single roof to empower financial freedom using memes. Further, the token focuses on promoting DeFi (decentralized finance) education and positive thinking, which are the pivotal steps to empower free thinking. This, in turn, allows the token to break the taboo of nine to five (9–5) jobs that people hold by seeking to provide them with alternatives that can generate passive income opportunities, thus reflecting on how the token acts as a medium to drive the community of Dogey-Inu, rather than being just a utility, for value exchange services.
Further, in order to maintain this structure, Dogey-Inu has implemented a smart contract that seeks to allow the token to maintain a healthy ecosystem by using two specific activities, which are:
Locked Liquidity: This signifies that token holders can lock their token in the liquidity pool forever, which will aim to allow them to generate passive income from it. Besides this, to ensure safety and provide token holders with confidence, Dogey-Inu has locked their liquidity pool tokens in the smart contract for 79 years, thus seeking to confirm a guaranteed passive income opportunity for all token holders.
Supply Burn: This signifies 60% of the DINU token is sent to Vitalik (creator of Ethereum) for the supply burning process. The burning process signifies sending the token to an irretrievable wallet, which in turn will allow the price of the token to stay appreciated. Further, with Vitalik donating 10% of the token to the charity, it acts as proof of genuinity for Vitalik.
These two activities aim to verify the genuinity of the Dogey-Inu token while seeking to provide an opportunity for token holders to gain from it. Besides staking opportunities, the token can also be used as a medium of exchange, seeking to provide token holders with further opportunities to generate income from it.
History of Dogey-Inu (DINU)
Dogey-Inu is a community-driven cryptocurrency project developed by the members and fans of the Shiba-Inu community in 2021. The project’s token has a maximum total supply of 1,000,000,000,000,000 DINU.