Utility
DogeBonk (DOBO) has two utilities:
- Passive income through reflections
- Unlocking premium features on MemeTools
Passive income through reflections
DOBO holders are profiting off passive income just by holding their tokens. 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.
Unlocking premium features on MemeTools
MemeTools is a crypto data aggregator and trading terminal which was built by the DogeBonk team. Users of the platform can unlock our "rug checker" by holding at least 3 billion DOBO (as of February 18, 2022). The amount will be adjusted periodically as the DOBO price changes, to ensure a fair pricing.