DogeSwap is a new DEX based on the Huobi ECO chain, dedicated to discovering and supporting new assets and providing them with more financial services. It helps new assets to open LP mining and single token mining to obtain higher returns and stimulate market growth.
Ⅰ. Core Data
1. DOG Data:
Total amount: 1 billion
Price: 0.013 USDT
Current mining yield: 89, 290, 847.4
Market value of current output: 1, 160, 781.016 USDT
Total amount of DOG burnt: 229, 476.649
2. Other Data
Total transactions: 439, 783
Addresses of users: 33, 505
Ecological layout completed: 28
Highest APY in LP area: 458.322%
Highest APY in single token area: 155.231%
Maximum addresses staked in single token area: 1083
3. Community Data
Twitter fans: 9994
Telegram of Chinese users: 740
Telegram of English users: 18455
Users covered in Wechat groups: 20, 000+
※ Updated and edited as published. The real-time data of DogeSwap.com shall prevail.
Ⅱ. Information on mining ecosystem
Ⅲ. 20% of transaction fees to redeem and burn DOG
※ Updated and edited as published. The real-time data of DogeSwap.com shall prevail.
Ⅳ. Development progress
V1.0 (launched on Mar 3rd, 2021): on the premise of transaction and LP creation, users have access to the 1st round of mining bonus which include millions of DOG airdrop; and have a deep experience on the flexibility and efficiency of HECO ecosystem.
V2.0 (launched on the end of March, 2021): product iteration, experience upgrade, V2.0 has embraced the optimization of trading experience and brought users newer mining experience. The following functions are added:
1. LP area (mining)
Users can independently create LP pools. When the total asset value in the pool meets the platform rules, the pool will automatically launch on LP area to participate in mining DOG, where the token yield of the LP mining zone accounts for 95% of the total yield, and the token yield coefficient of each pool depends on its previous day’s fee.
2. Single token area (mining)
Users only need to stake a type of single token in this area to mine DOG. This model actually brings a compounding effect to liquidity mining: use the mined tokens to stake them for mining, whilst HECO chain fees are very low so that users can get considerable returns.
3. Cross-chain swap (transaction)
Realizing mutual transfer of assets and two-way interaction is a must for DeFi to grow and develop. DogeSwap will enable cross-chain transactions, and make the free flow of assets and data on different public chains come true so that more users can participate in the DogeSwap ecosystem.
4. Board (mine DOGE)
DogeSwap will always adhere to the free sharing spirit of the “Dogecoin” community. 70% of the transaction fees will be used to buy back DOGE. Users holding DOG can lock DOG to get DOGE. Please subject to the rules at the time of official launch.
DogeSwap will always focus on user needs, market fluctuations, industry development prospects, etc., and continue to expand application scenarios. Besides, it will partner with the Dogecoin community and HECO ecosystem to promote the advancement and development of the industry, offering more quality projects to the community, and improving the growth of DeFi ecosystem.
Ⅵ. Progress of market growth
Mar 7th, DogeSwap achieved the intention of cooperation with BitKeep, HyperPay, Aolink, DappBirds and Huobi wallet;and established partnership with GOF, CNNS, SWFTC, DEP and TOPC which launched online successively.
Mar 8th, DogeSwap launched DeFiBox (one-stop DeFi information aggregation platform); and started cooperation with Huobi mining pools.
Mar 9th, the intention of cooperation with MX, Deri, DCFD, MNW and BQB reached; V2.0 was under development and was to launch on Mar 26th.
Mar 11th, DogeSwap has become the 3rd largest DEX on HECO ecosystem within a week; airdrop specific rules released; users adding LP or doing transactions have access to bonus.
Mar 12th, navigation bar was added on the homepage of the website; overview bar was added on the exchange page, so that users can independently check specific data such as liquidity, transaction volume, token information, etc; GDT officially launched on DogeSwap.com.
Mar 15th, LYFI, BQB and MNW officially launched on DogeSwap.com;11 popular tokens on HECO were added: ZKS, 1 INCH, NPXS, CRV, HOT, RSR, MANA, ACH, MUSK, MX and YCC;TKeep, the decentralized multi-chain wallet, officially launched on the line;Addresses with users’ participation have surpassed 15, 000+.
Mar 16th, V2.0 route annouced;Board, cross-chain transaction and mining area were added as new function;oversea airdrop campaign of 30, 000 DOGs officially ended, with 17, 000+ users participated.
Mar 17th, partnership with Class ZZ (CZZ) established; V2.0 decentralized mining ecosystem announced.
Mar 19th, DogeSwap.com opened its source code.
Mar 20th, addresses with users’ participation have surpassed 20, 000+.
Mar 23rd, DogeSwap’s smart contract has passed security auditing of Armors Labs; whitelist airdrop campaign officially opened.
Mar 25th, strategic partnership with BitKeep and Token Pocket established.
Mar 26th, official launch of V2.0, airdrop distribution and LP and single token mining ecosystem were opened at the same time;smart contract of 150 million DOGs created;strategic partnership with Converter and Token Pocket.
Mar 29th, after 48 hours’ mining, addresses with users’ participation have surpassed 30, 000+.
Mar 30th, DogeSwap.com launched USDT-MNW, HUSD-DEP and GDT-USDT pairs in LP mining area, and launched LINK, HLTC, HFIL and HDOT pools in the single token area;strategic partnership with FilDA and cooperation in many fields.
Mar 31st, DogeSwap.com launched DOG-HBTC, WHT-FILDA and CNNS-USDT pairs in LP mining area, and launched FILDA pool in the single token area.
Apr 2nd, BIKI -USDT in LP area, LKFI in single token area;airdrop claiming closed; those who didn’t claim DOGs within the prescribed time are treated as give-up; the remain DOGs not claimed will be used in community governance;Round 2 of airdrop distribution opened, which covered oversea participation and vote participation on HackLink.
Apr 3rd, strategic partnership with Channels; adding CAN — HUSD liquidity to mine DOG.
Apr 8th, 20% of transaction fees were used to redeem and burn DOG in the black hole contract;DOG has finished first round of redeem and burn, with 102, 394.938 DOGs burnt.
Ⅵ. Community Events
Mar 11th, official participation in HECO plan 2.0;airdrop campaign of 30, 000 DOGs: follow DogeSwap’s Twitter and Telegram can have access to bonus, which ended on Mar 16th.
Mar 18th, Doctor D, the Asia region principal of DeFi 7 O’Clock Community, did AMA on line.
Mar 20th, round 2 of oversea airdrop distribution.
Mar 25th, live show on Bishijie.com about first round of DogeSwap’s mining bonus;round 2 of oversea airdrop campaign ended, with 8, 000+ users participated.
Apr 7th, Doctor D, the Asia region principal, shared the projects’ advantages in the groups.
Ⅶ. Media Report
1. Guide on how to claim airdrops of the newest projects, mentioned DOG airdrop specific information.
2. DogeSwap become the 3rd DEX on HECO, mainly about quality projects launched on DogeSwap.
3. DogeSwap V2.0 rebuild new mining ecosystem, deeply analyzed the decentralized mining ecosystem of V2.0.
4. The great initiative of DogeSwap, making mining ecology 100% decentralized, did AMA on the domestic market with the largest DeFi community.
5. Live show on Bishijie.com about first round of DogeSwap’s mining bonus, Doctor D, the Asia region principal, deeply analyzed the rules of LP and single token mining.
6. DogeSwap, the first choice of new assets, Jinse.com and Bishijie.com reports on the core ideas of DogeSwap’s product.
7. DogeSwap, the first DEX of decentralized mining ecosystem, Jinse.com and Mars.com recounts the idea of decentralized mining.
Ⅷ. Our Partners
