Team Token Release and Lockup. Shibes, we have some great news. After some deliberation, the Dogechain team has decided:.

14 Jul 2023, 08:35
Team Token Release and Lockup 💸🔐 Shibes, we have some great news. After some deliberation, the Dogechain team has decided: 1️⃣ To release 3 billion vested $DC tokens into circulation from the Team Allocation wallet (0xc1eFE7Aa280f7c63A4B1DA26aE0F7e64ce7F2A8A) 2️⃣ Immediately lock these tokens in the veDC model for 4 years. This move will benefit the community by: 🔹 Improving optics for the $DC token by raising the total circulating supply above 10% 🔹 Contributing towards the Tiered Burn by increasing the locked circulating supply to 29.2% 🔹 Provide on–chain proof for the team’s long-term commitment to the project. 🔥 Consequently, at least the first Tier of the burn will be reached, ensuring the burning of 10% of the total supply across all wallets. To reach the next tier and a 15% burn, the community needs to lock up approximately 150 million $DC tokens in the veDC model. The ball is in your court, frens! 🎾 Transaction from the Team Wallet: 🔗 Lockup for 4 years 🔗 ♻️ Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family! 🚀 Website I Twitter I Discord I TikTok I Reddit I Blog I Instagram