Schnoodle (SNOOD)

Schnoodle (SNOOD) is a trustless and progressive DeFi DAO that bridges key cryptocurrency concepts, including memes, yield farming, NFTs, and multichain interoperability. As an investor in Schnoodle, I have many opportunities to gain SNOOD tokens through buying and holding (BARK algorithm), farming via the Moon Farming Platform, or earning through Dework. Schnoodle has recently relaunched the Polygon blockchain as part of its multichain strategy, seeing Polygon as a strategic step towards becoming a truly progressive DAO with cutting-edge technology.

Schnoodle uses advanced decentralized technologies to form a fully trustless and permissionless ecosystem known as the Schnoodle Community Ecosystem (SCE). The SCE consists of the Foundations of Schnoodle (FoS), which include Trustless Autonomous Governance (TAG) and Blockchain Automated Reward Kickbacks (BARK). The SCE also incorporates the Utilities of Schnoodle (UoS), which is constantly growing and includes features such as a charitable function and the development of SaaS systems. Schnoodle’s ultimate goal is to help other DAO projects utilize its innovative technology and grow their platforms through its SaaS systems.

The Schnoodle tokenomics include a liquidity pool, operational reserve, ecosystem reserve, and a farming rewards pool. The total supply of Schnoodle tokens is fixed at 1 trillion, and tokens are automatically burned during moon farming. The circulating supply is approximately 25% of the total supply, excluding tokens that are locked and unavailable for trading. Schnoodle’s cornerstone features include the Trustless Autonomous Governance system, the Price Support Mechanism (which aims to dampen volatility), the Fully Autonomous Bridge (enabling cross-chain transferability), and the Blockchain Automated Reward Kickbacks system, which rewards holders whenever a sell swap occurs.