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Deploying More Capital (DMC) is a token designed to support and advance projects in the web3 and decentralized age. It aims to restore confidence in the crypto space, destabilized by the fall of Terra Labs, led by Do Kwon. Misusing treasury capital and extravagant personal gains led many to label Do Kwon’s project as a Ponzi scheme. DMC seeks to rebuild the reputation of the crypto industry and deploy capital to reputable projects.
With an initial supply of 1 billion tokens and a maximum supply of 1 billion, DMC operates on the Ethereum network. A buy tax of 1% and a sell tax of 1% are in place, with the generated funds redirected to the treasury to provide liquidity for grant projects. The token holders also have the opportunity to stake their DMC tokens and earn passive income.
DMC introduces a decentralized governance model where the top 40 stakers are “Protector.” While they can propose projects to the DAO, they don’t have voting power. However, all DMC holders can participate in the voting process and have the authority to approve or disapprove proposals submitted by the Protectors. Approved proposals are granted the necessary funding to execute their projects.
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