Do Token (DO)

The Do Token (DO) is a brand-new cryptocurrency and project that aims to revolutionize the way crypto and community engagement are done. It is community-centered and focused on doing good, with a simple and universally-appealing concept. The Do Token operates on a smart contract audited by Solidity Finance and is deployed on the Binance Smart Chain. It is a deflationary token, meaning that a portion of the tokens is constantly being taken out of circulation and burned.

The Do Token has a unique taxenomics system that benefits the community. A tax is placed on buying, selling, and transferring DO Tokens, and these taxes fund various aspects of the community. For example, 70% of the taxes collected are distributed back to holders in the form of BUSD, a stable coin pegged to the USD. Additionally, 18% goes to a charity wallet that is available to other Do Token holders, 4% is added to the liquidity pool on Pancake Swap, 3% is used for voter rewards, 3% is used as a buyback and burn feature, 1% is allocated to the marketing wallet, and 1% goes towards further development of the community.

Trust between the Do Token and the DoGood Crypto Community team and users is a top priority. The team has taken measures to ensure transparency and build trust, such as publicly burning the liquidity pool token to prevent rug-pulls and locking more than 60% of the Do Tokens in liquidity for 36 months. They aim to have over 95% of all Do Tokens burned or locked in liquidity, with the majority of the founder/team wallets containing less than 0.8%. The Do Token is deflationary, which reduces the number of coins in circulation over time, increasing the value of the remaining tokens.