Doge Capital Launches NFT Staking Program where users earn DAWG on a daily basis

Press release

With the world focused on monkeys, whales, and other non-corrosive tokens (NFTs), the most famous of all meme tokens – which started an entirely new revolution in cryptocurrency – were still largely ignored. Doge Funds’ proprietary NFTs solve this problem while providing their NFT holders with a whole new source of income through a staking program that offers daily DAWG tokens as a reward.

Club Woof

Doge Cash has produced a limited number of NFTs, each of which is a cute piece of pixel art (24 × 24 pixels) from an exclusive 5,000 NFT collection. To join the Doge Cash Woof Club, a user must own at least one of the NFTs. Each NFT and its artistic rendering are guaranteed to be unique through the use of shared encryption, in which a computer program creates random variations that make each part of a type.

While NFTs will create their own value in the NFT sector, it is much more than just adding value. Doge Money offers a staking program that makes good use of these NFTs. The staking will result in a steady source of income through the issuance of Doge Money’s utility token, DAWG. The Doge Money platform will also support its users by purchasing additional NFTs. Every NFT purchased by Doge Money is fed into the WoofBank, a community wallet. Since the users are holding Doge NFT and DAWG, they will be the real bankers.

How to Bet to Earn DAWG

DAWG, the platform’s utility token, is more than just a digital asset. Already listed on Raydium and Dexlab, it’s liquid, making it a perfect source of income for Doge Capital users. While users can go to exchanges and buy tokens, they can also invest in Doge Cash NFTs and additional airdrops and use those to earn free tokens.

Once the staking is live, users can go to the staking section of the Doge Capital World Wide Web page and decide which Doge NFT to commit to. A withdrawn Doge NFT equals 5 DAWG token rewards per day, while a discarded NFT equals 1 DAWG reward per day.

You should bet on both as the user has to commit to both in order to receive the bonus. Once the deposit is deposited, an air-dropped NFT will be incinerated (Doge NFT is not affected). This will encourage users to be stuck for a longer period of time and give stability to the DAWG token. Doge Money will continue to reduce additional NFTs so that the dropped NFTs will be available for users to burn should they wish to claim their rewards more than once.

DAWG tokenomics

Total supply: 30 million.

Circulating offer: 1.5 million (the swivel offer remains the same until live staking).

30 million tokens will be distributed as follows:

• 1% – Airdrop to Doge Money holders who have withdrawn their Doges from the market.

• 5% – initial liquidity on Raydium.

• 10% – reserve liquidity (liquidity will be added to the pool in the future).

• 10% – team and consultants (distributed monthly for 20 months, therefore the monthly distribution is only 0.5%).

• 14% – marketing.

• 60% staking bonus.

About Doge Fund

Doge Cash believes in the power of its people, and the Woof Decentralized Autonomous Organization (DAO) is created for just that. The DAO will allow users, as a community, to choose how to move forward. For example, do you want to liquidate NFTs in WoofBank or distribute them among each other? You can choose. The DAWG provides exclusive access to future Doge Capital activities and events, including limited merchandise. The token acts as a medium of exchange in the Doge Funds ecosystem and is the only way to pay for the various services and products offered.

More information about Doge Cash can be found on the official website. Follow Doge Capital on Twitter .