What is Dough?
Dough (DOUGH) is an innovative token that uses automated reward-switching based on real-time price movement to reward its token holders with CAKE and DOUGH tokens. This unique system dynamically adjusts the rewards paid to ensure the selling pressure from the contract does not get too high. As a result, every 24 hours, these rewards are automatically claimed if enough transactions have happened.
The minimum token balance required to receive rewards is 200,000 DOUGH. This intelligent reward switching feature improves the reward token standard and generates passive income for all DOUGH holders.
Dough is a token with a clear use case, generating revenue through its Launchpad platform. The platform will feature Token Creation, LP lock, Ownership Lock, Influencers, Marketplace, KYC, and Audits. Developers can create their own tokens within minutes, while restrictions are in place to prevent developers from creating honeypots and rugs. The ICO platform ensures that developers can build their projects while providing investors with peace of mind knowing that their investments are safer.
The team behind Dough is dedicated to expanding the token's use case and revenue generation by venturing into the NFT market with Recipe collections. These recipes will be created by Dough's team, the community, and renowned chefs through partnerships. Additionally, Dough has formed partnerships with multiple projects that prioritize safety, utility, transparency, and continuous development.
Mick Hofmans, a Sales Manager for a Digital Identity Provider, is the founder and CEO of Dough. Hofmans studied International Business and Management at the University of Arnhem en Nijmegen and studied Commercial Economy at the University of Groningen.
There is a total supply of 1 billion Dough tokens, with three functions employed to improve Dough's scarcity: Reflection and Rewards (adding coins to holders' wallets), LP acquisition (added as a liquidity pair on PancakeSwap), and token burning.
Dough uses the Binance Smart Chain to provide a Proof of Staked Authority consensus that relies on 21 validators to provide decentralization and enable community involvement.
Dough's unique system of automated reward-switching and revenue generation through its Launchpad and NFT collections makes it a promising investment for the future. With a dedicated team and clear use case, Dough's ambition to be listed on leading exchanges and expand its partnerships seems highly achievable.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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