In the previous #TallyHoWallet post it was about my journey down the rabbit hole.
Is #TallyHoWallet The MetaMask Killer?
I was in bed scrolling through the tally.cash blog and came across this
Very soon, there will be a fair launch of a new DAO structured to provide incentives for users to drop MetaMask, and to bring them to Tally Ho permanently. Our next goal is to create in-wallet services that generate fees for a community owned DAO. These fees will go into the pockets of our users, rather than big banks and traditional finance.
Were Tally Ho planning their own vampire attack on MetaMask? Where they suck the life blood out of MetaMask. What better incentives than an airdrop.
Fact Or Fiction?
As I mentioned we missed out on the FORTH airdrop, as we kept our AMPL on Publish0x. We did get a small amount on Coinbase Earn which I assume we must have had some AMPL there at some stage.
So after posting my entry in the Publish0x writing competition and Twitter Giveaway. It was time to do some proper DYOR.
gm doggos. The Tally Ho community is excited to give you a sneak preview of our governance token.
We’ve started calling it… $DOGGO
The upcoming launch has many moving pieces. So we’re sharing some early details to give our community a preview of how everything fits together. This post is light on details! So don’t expect a deep dive on token economics or a full emissions schedule. But rest assured: much more info (plus a full announcement) is coming soon.
michael.haley April 1, 2022
Wen $DOGGO?
Soon $DOGGO.
The token will launch alongside the full alpha release of Tally Ho. You’ll claim your tokens, delegate, and earn $DOGGO—all from inside your Tally Ho wallet. And you’ll want to do it pretty quickly
michael.haley 9 days ago
Distribution
- Total fixed supply is 30,000,000,000
- More than a third of all tokens will be distributed in a community-wide merkledrop
- Tokens will also be distributed through Pool 1 and Pool 2 opportunities, plus a year of community-led growth incentives
- There is no pre-allocation to investors, advisors, or the devs that have been building the wallet
michael.haley 9 days ago
The Community Wide Merkledrop
Currently it includes DeFi users, builders, and members of existing DAOs. We’re also exploring ways for you to reward friends and other DAOs when claiming. We believe $DOGGO will be in the running for the biggest fair launch ever, based on several factors.
Pool 1 and Pool 2 - These will activate shortly after launch. Pool 1 will enable the DAO to build a diverse treasury, while Pool 2 will implement several new mechanisms that we’ve jokingly dubbed “Liquidity Go Up Technology.”
A year of growth incentives, led by the community - We expect many of these to take the form of Swaps Rewards to help balance out gas costs! But the DAO will be the ultimate decision maker, and we expect it to come up with all sorts of exciting ways to help you stack $DOGGO.
What will $DOGGO holders govern after launch? - $DOGGO holders will collectively govern the treasury, software license, and all onchain elements of Tally Ho.
Conclusion
Definitely Fact.
They may have to find another ticker cause $DOGGO is already taken.
Time to get busy with more research and get us some juicy airdrop.
Maybe there will be another update if there is something worth sharing.
The END
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