Chihuahua Team: Responsible for community engagement and growth through various social channels.
Economic Model (Tokenomics):
Ownership: The project is fully community-owned.
Distribution:
40% of DGM tokens are allocated to DYM stakers as a reward for their contribution to network security and engagement.
40% of DGM tokens are allocated to HUAHUA stakers, encouraging cross-participation and investment in the meme ecosystem.
10% of DGM tokens to the Dymension Community Pool.
10% of DGM tokens to the Chihuahua Community Pool.
Utility:
DGM will serve as the primary currency for transaction fees on the network, ensuring the utility and demand for the token.
HUAHUA will also be accepted as a form of payment for transaction fees, providing flexibility and fostering a robust economic environment within the ecosystem.
Hey guys, welcome to dymension ecosystem. I must say that i am impressed with the tokenomics you guys have crafted. RollApps truly does help projects to craft innovative tokenomics as projects does not have to focus a lot on inflation aspect as the security is derived from dymension set !
In line with the spirit of Dymension’s first memecoin rollup, it would be fitting to distribute 60% of the supply to $DYM stakers The resulting tokenomics after our proposed changes are as follows:
I largely agree with user huginn. However, I think some changes and adding new criteria would be better for the future of the project. 1-50% of DGM tokens will be given to DYM stakers, 2-20% of DGM tokens will be given to HUAHUA stakers,
3- 20% of DGM tokens will be given to stakers who will continue to hold the coin by not selling it on the release date (with a suitable calculation table).
4-5% of DGM tokens will be transferred to the Dymension Community Pool
5-It would be much fairer if 5% of DGM tokens were transferred to the Chihuahua Community Pool. Additionally, the distribution of the drop to be made according to a vesting program will protect the life/price of the coin.
The first roll app memecoin on Dymension. I’m a huge advocate for meme coins; they serve as a gateway to onboard new users, meme coins can help create a community, fostering engagement and long-term participation in the ecosystem.
Woof woof! Excited for this. Thanks to the Chihuahua team for leading this - it’s really important for us to be airdropping to other communities and not just DYM stakers.
Super excited to see the first meme token on DYM, and the tokenomics look great for a meme coin.
Really looking forward to see what the future holds. Congratz!