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Doxed Token (DOX) is a Binance Smart Chain (BSC) token that focuses on identity verification and crypto security. Its main feature is a KYD system (Know Your Developer) that provides a legitimate platform for developers to verify their identities. This allows developers to establish trust and credibility and enables investors to confirm that the developers have undergone a vetting process. Projects that successfully pass the identity verification process will receive a DOX KYD stamp of approval, reducing the risk of rug pulls and making the token more valuable.
Additionally, Doxed implements buybacks and burn mechanisms to create an ever-growing floor price for the token. 4% of every transaction is collected into the burn wallet as BNB and used to buy back Doxed tokens. These tokens are sent directly to a dead wallet, ensuring they can never be accessed. This active burn mechanism contributes to the token’s scarcity.
With a total supply of 10,000,000,000,000 tokens, Doxed has already burned over 880 billion tokens in its first week, demonstrating its commitment to decreasing the token supply. Moreover, 92% of the total supply is locked in liquidity for one year, stabilizing the token’s price. The remaining 8% is allocated to the development team, with a sell limit of 0.1% per day, ensuring controlled token circulation. Doxed aims to provide a secure and transparent environment for developers and investors in the crypto space.
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