Implement Triple Farming Incentives to the DGAF/ADA pool

This proposal uses the proposed template for request: We want to open a MIN Farm!

1.1 Please describe your project. What is it doing to improve Cardano?

DGAF is a community run meme-coin aimed at the Cardano defi community that doesn’t care too much. It is powered by the Vault community. We DGAF.

1.2 What does the Token do? How many holders does it currently have?

The token is a meme coin based off all of the Fs that people seem to give, and the lack of them we give. Currently at 2482 holders and growing in just over a day.

1.3. Why do you want a MIN Farm? How does the Minswap community benefit from offering a MIN Farm for your Token? Apart from the MIN Farm, will you add your own Token as incentives as well? If yes, how much?

Our goal of starting a Triple Farm on Minswap is to help build up liquidity and provide incentives for the community. This will be with $DGAF rewards along with the normal rewards (MIN + ADA) to any user participating in the farm.

We will be distributing 500,000,000 $DGAF to the DGAF/ADA farm. The incentives are to be distributed over 3 months.

1.4. How much circulating supply is there of your token? Please inform us briefly of your tokenomics, including the distribution and vesting schedule of the token (investors, team, yield farming, etc.)

DGAF has a total token supply of 100,000,000,000 with a current circulating supply of 98,000,000,000 (98%). The farm rewards will come from the 2% that is reserved for Giveaways and Vault Holders.

Tokenomics:

49% - Presale
49% - Initial Liquidity
1% - Vault Holders
1% - Giveaways

1.5. Is your Project audited? By whom?

No security audit was created for DGAF, we DGAF.

***Do you agree DGAF should have a MIN farm?

  • Yes, in favor!
  • No, do not add this Farm

0 voters

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