DOBO is a community-driven token on Binance Smart Chain (BSC) with deflationary properties that pays out static rewards to holders (automatic yield generation).
It is a fork of SafeMoon v1 and was deployed on May 3, 2021.
DOBO employs two simple functions: reflection + liquidity pool acquisition. In each trade, the transaction is taxed a 10% fee, which is split two ways: 5% distributed to all token holders (based on how much a holder owns), 5% added to the liquidity pool on PancakeSwap to improve price stability. A portion of tokens are burned every transaction as well, because all wallets that hold DOBO receive reflections, including the burn wallet.
By sending all LP tokens to the zero and burn address, liquidity was locked forever. (See LP holders on BscScan)
To prevent manipulation of tax fees, ownership of the contract was renounced. (See tx on BscScan)
Total supply: 1,000,000,000,000,000 DOBO (Read contract on BscScan)
Initial burn: 300,000,000,000,000 DOBO (30%) (See tx on BscScan)
PancakeSwap liquidity: 680,000,000,000,000 DOBO (68%) (See tx on BscScan)
DOBO was fairly launched, meaning there was no presale or any kind of funding campaign.