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JackpotDoge (JPD) is an innovative cryptocurrency that offers the opportunity to win big jackpots of popular cryptocurrencies, starting with Dogecoin. It aims to address one of the major challenges in decentralized finance (DeFi) by implementing a mechanism with specific buy requirements to manage buying pressure. Most of the Tokenomics, including an 11% fee for both buy and sell transactions, will be used to build the jackpot. Additionally, 9% of every buy and sell will be contributed to the jackpot, which will be awarded in Dogecoin initially but may include other cryptocurrencies in the future based on community input.
With JackpotDoge, winning the jackpot is an engaging experience. To keep the jackpot growing, a purchase of at least 0.1 BNB needs to be made every hour. If no purchase of this minimum amount occurs within an hour, the last wallet to make a purchase will win 50% of the jackpot. The jackpot payout is triggered automatically when it reaches $2,000. At that point, two wallets holding at least 0.1 BNB worth of JackpotDoge will be randomly selected to share 50% of the jackpot, while the other 50% will go to the Treasury. As the supply of tokens gets burned down to 21,000,000, the winner’s share will increase to 60% of the jackpot.
Participants in JackpotDoge have the chance to win substantial amounts of Dogecoin. Depending on the jackpot size, winners can receive 50% of the jackpot as Dogecoin, while the other 50% goes to the Treasury. There are two ways to win: first, by purchasing at least 0.1 BNB worth of JackpotDoge during the jackpot-building phase, and second, by holding at least 0.1 BNB worth of JackpotDoge tokens. The jackpot distribution is designed to reward those who contribute most to the ecosystem’s growth. Furthermore, JackpotDoge offers additional jackpot options, including the Burn Jackpot and the Staking Jackpot, which provide opportunities to increase holdings and win even more Dogecoin.
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