💸DGT Token
DGT is the governance token of DIP Exchange
Token Name: DIP Governance Token
Token Ticker: DGT
Total Supply: 1,000,000
Token Generation Event: November 1st 2023 2:00 PM UTC
Contract Address: 0xE2986FD09A8c1d698EC50bD31F155e165C241D12
DGT Token is a governance token that governs the DAO Treasury. DIPʻs vision and motto is to make the DAO Treasury as transparent and fully controlled by the community.
DGT will undergo a fair launch after the Launch. There is no pre-mine and pre-allocation. All users and community members, including DIP team, will be required to earn or purchase at the fair launch date.
Benefits of DGT
Stake to earn LP tokens. 10% of protocol revenue is rewarded to DGT stakers in LP tokens.
Voting for/against DAO proposals
Redeeming DGT for portion of the DAO Treasury on a fortnightly basis (burn DGT - get X% of the DAO Treasury)
How to earn DGT
Staking DIP tokens in the DIP DAO
Participate in the DGT Auction (burn DIP - get DGT)
DGT Allocations
| Allocation | Amount | Percentage |
|---|---|---|
DIP Stakers | 750,000 | 75% |
Dutch Auction | 250,000 | 25% |
DGT Distribution Schedule
DIP Stakers are rewarded DGT tokens on daily. DGT tokens are vested linearly across 4 years.
Dutch Auction is conducted on an adhoc basis where users can participate through Bounce Finance.
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