Unofficial tokenomics of DOGE CLONE (DOGAMG)
The founder of the project wanted to publish this tokenomics, but with this tokenomics, no lawyer will conclude that the project is a meme. If the project at the beginning of the journey is recognized as an investment, then in our case this will be an obstacle.
1 The project will release new coins to the market sequentially with the arrival of new users.
2 All sold coins from the reserve must be used to maintain liquidity. And for the accumulation of reserves. At the initial stage, the main task is the liquidity of the DEX. Therefore, the accumulation of reserves will begin later.
3 Reserves can be used to create a market, as well as to buy back coins, but not above the price level at which the reserves are sufficient to buy back all the coins put on the market. (Means those coins that are outside the project reserve.) Reserves must have public addresses.
4 In the distant future, after the creation of a user association, the project management may initiate a discussion, followed by a user vote, with a proposal to link part of the reserves in the business environment with the real world.
5 The DOGE CLONE (DOGAMG) smart contract has a tax in the 0.5% parameter, but the smart contract does not allow the administrator to increase the tax in the 0.5% parameter. The rest of the tax will be used at the discretion of the project administrator. If the purpose of using the tax balance is clearly defined, then if these clear rules are violated, legal liability arises, the project management may be held liable for defrauding users, so there may not be clear rules for what purposes this tax rate will be applied. Therefore, it is here that the question of trust or distrust in the founder of the project is raised. If users notice that the project is being milked like a cow with a tax function, then I am the founder of the project, I will advise you to run away from this project. Since if the tax function is used incorrectly, the development of the project is unrealistic.
Since the project management uses the tax at its own discretion, the project management has the right to start investing part of the money in a real business before the project is recognized as an investment.