Whitepaper

Overview

DogeLight works by taking a 10% fee on every transaction. That fee is broken up into 2 parts. Reflection – 50% of the fee (5% of the transaction) is distributed to every wallet that holds DogeLight on a percentage basis. The more DogeLight you hold the more you will receive! LP Generation – 25% of the fee (2.5% of the transaction) collected in DogeLight is sold into BNB. That BNB is married up with the remaining 25% of DogeLight and deposited back into the PancakeSwap liquidity pool. These two functions work together to reward holders and punish whales.
Wait! Won’t the sell order from the LP generation create downward pressure on the price? Mathematically yes it does, realistically however that pressure is minimal. It takes a large amount of volume to push the price in one direction or another. If you consider the fact that the sell order being placed is only 2.5% of the overall transaction, quickly will you understand that the small sell order is negligible relative to the overall volume. Furthermore the LP generation function acts as a fantastic risk mitigation tool as it helps to keep the market liquid, the liquidity pool balanced, and therefore the price stable.

Tokenomics

Symbol
DOGELIGHT
Total Supply 100,000,000,000,000,000
Pancake SWAP LP 35% (35, QUAD)
Presale Allocation 30%  (30, QUAD)
Burning 35%  (35, QUAD)

How the Token Works

PHASE ONE
  • Marketing push to spread awareness

  • Website launch

  • Air drop to community

PHASE TWO
  • Influencer marketing push

  • Listing on coin gecko

  • Listing on coin market cap

PHASE THREE
  • Website redesign

  • Large influencer maketing

  • Listining on major exchange

    ( hotbit, gate.io , kucoin)

Disclaimer

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