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Dego Finance has become a NFT+DeFi Fusion Reactor whose transparency and fairness are governed by the Law of Codes.
Destruction of DEGO
When a user transfers DEGO token, 5% / 2% / 0.5% of the transferred amount will be deducted in trading fess; 2.5% / 1% / 0.25% of these fees will be directly burned, the remaining 2.5% / 1% / 0.25% will be transferred to the Dividend Pool.
- Destroy Address: 0x6666666666666666666666666666666666666666
- Dividend Pool Address: 0xea6dec98e137a87f78495a8386f7a137408f7722
Liquidity Mining Pools
- Pool 1: DEGO-ETH UNI-V2 LP -- 20% of the Mining Pool (4,200,000 DEGO)
- Pool 2: DEGO-UNI UNI-V2 LP -- 2.5% of the Mining Pool (262,500 DEGO)
- Pool 3: USDT -- 5% of the Mining Pool (1,050,000 DEGO)
- Pool 4: WETH -- 5% of the Mining Pool (1,050,000 DEGO)
Mining Power
In DEGO, a set of deterministic algorithms is used for liquidity mining, converting LP tokens staked by users into POWER (similar to the hashrate of Bitcoin mining) and for making earnings through them.
The scheme is as follows:
- Daily output per user = Daily output of the mining pool * POWER / Total POWER
- POWER = Staked LP token amount * Coefficient of correspondence
The formula for POWER calculation
Users are divided into three categories, according to the amount they stake:
- a) Worst range: users with the highest amount staked = x1 reward
- b) Best range: users with an intermediate amount staked = x5 rewards
- c) Common range: users with the smallest amount staked = x3 rewards
Token Specification
Name: DEGO Finance Token
Symbol: DEGO
Network: Ethereum
Spec: ERC20
Precision: 18
Smart Contract Address: 0x88ef27e69108b2633f8e1c184cc37940a075cc02
Token Allocation
Total Supply (100%): 21,000,000 DEGO
Mining (80%): 16,800,000 DEGO
Presale & Whitelist (10%): 2,100,000 DEGO
Uniswap Liquidity (5.25%): 1,102,500 DEGO
DEGO DAO (3.75%): 787,500 DEGO
Airdrop (1%): 210,000 DEGO
Token Circulation
API: https://api.dego.finance/supply/dego
Social media
Official website: https://dego.finance/home
Discord: https://discord.com/invite/xJjSJrd
Telegram channel: https://t.me/DEGO_Announcement
Telegram chat: https://t.me/dego_finance
Twitter: https://twitter.com/dego_finance
Github: https://github.com/dego-labs
Medium: https://degofinance.medium.com/dego-liquidity-mining-v1-a9c568f8976e
Listing
MXC_Exchange
Bitforex
KuCoin
GATE.IO
Hotbit
Partnership, Relationship
Bounce_finance
KuCoin
DEGO NFT transfer guide in MathWallet: https://t.co/q1R7bZFqUz
Rules for NFT Mining Pools: https://docs.dego.finance/modules/rules-for-nft-mining-pools
Dego NFT: https://docs.dego.finance/modules/dego-nft
Thank you for reading this article!
The article is written by Irina Shakhin and Mr. Anton Dziatkovskiy, the co-founder and CEO of Platinum Software Development Company.
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