DEGO: Sustainability in the Blokchain !!!

Andrew chill
3 min readOct 9, 2020

Welcome to my articles. After a period of inactivity is suspended for other reasons. In recent days I see that almost everyone is getting more attention. I the article is purely information to bring to you. Above all of that but today I want to return a project that is really attractive and potential.

About

With the export of DEGO, I am leaning in a development direction for this market. DEGO offers a modular, modular design that refers to the combination of different elements of a product to form a subsystem with specific functions. Combine this subsystem as a common module with other modules to create a new system with lots of functionality and performance. And this is completely understandable when this is still a starup.

The popular formulas of current liquidity mining are:

Daily output per user = daily output of the mining pool * staked amount/total staked amount

In DEGO, used a set of deterministic algorithms for liquidity mining, convert the LP token staked by users into POWER, and getting earnings through them.

Under this model:

  • Daily output per user = daily output of the mining pool * POWER / total POWER
  • POWER = staked LP token amount * coefficient of correspondence

Token

DEGO token is minted by Liquidity Mining. It is the governance and equity token of the DEGO ecosystem. Users holding DEGO can participate in community proposals and decisions, and receive dividends continuously. DEGO contracts adopts a completely fair distribution system without private placements or pre-minings.

  • Name: DEGO Finance Token
  • Symbol: DEGO
  • Network: Ethereum
  • Spec: ERC20
  • Precision: 18
  • Smart Contract Address: 0x88ef27e69108b2633f8e1c184cc37940a075cc02

Currently DEGO has been listed on HOO, MXC, uniswap v2, … and many more. Check: https://coinmarketcap.com/currencies/dego-finance/

Feature

NFT:

All participants will be randomly assigned different picks, community volunteers and developer team included. The whole thing is transparent and fair. DEGO will open source the code in the near future.

Stake NFT:

Utilizing the cross-platform, we will see how they came up with DEGO which was a new combination. A non-fungible token (NFT), also known as a nifty, is a special type of cryptographic token which represents something unique; non-fungible tokens are thus not mutually interchangeable by their individual specification. This is in contrast to cryptocurrencies like Zcash, and many network or utility tokens that are fungible in nature.

The product they will be experienced.~~~

When a user transfers DEGO token, 5% 2% trading fees of transfered amount will be deducted, 2.5% 1% of fees will be directly burned, the remaining 2.5% 1% will be transferred to the Dividend Pool.

Destruction of DEGO:

  • Destroy Address: 0x6666666666666666666666666666666666666666
  • Dividend Pool Address: 0xea6dec98e137a87f78495a8386f7a137408f7722

Roadmap

2020–09

  • WebsiteLaunch V1
  • Smart Contract Audit
  • DEGO Pre-Sale
  • Liquidity Mining Pool V1
  • DEGO NFT Auction Launch
  • DEGO Ambassador Program
  • Governance
  • NFT Auction Pool
  • Reward Pool
  • Dandy

2020–10

  • Hunter
  • Binance Smart Chain Launch
  • DEGO Swap
  • DEGO Lending
  • DEGO Insurance

2020–12:

  • DEGO Chain

Conclusion

I think bringing great products will help DEGO last for a long time and develop well, in the near future I think there are many changes surrounding this market. With DEGO if it is correct to follow the roapmap I think DEGO will be very happy ending. Thank you for your interest in the project as well as my article, see you in the upcoming articles.

Useful links:

Website: https://dego.finance/home

Discord: https://discord.com/invite/xJjSJrd

Twitter: https://twitter.com/dego_finance

Medium: https://medium.com/@dego_finance

Github: https://www.github.com/dego-labs

Telegram: https://t.me/dego_finance

Posts made by:

USER NAME: chillandrew1511
PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2575495
Wallet: 0xf1c3683513ede63bf9d2783e5c3f6772584920c8

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Andrew chill

I try to keep runnin’ but it keeps on coming and it’s taking it a 10 years !!!