DEGO
1.6320USDT
-2.22%≈$1.632≈฿0.00002386Volume(24H)$601,587.79
Today
Low:1.6026
High:1.7552
Yesterday
Low:1.5770
High:1.7090
Market information
Market Cap $8,820,948.08
Global Volume(24H)$2,156,335.53
All-Time Low$0.42807900
All-Time High$32.1395
Initial Price$1.19
ROI 37.1429%
Circulating Supply 5,422,186 DEGO
Circulation Percentage 36.1517%
Max Supply 14,998,422 DEGO
Total Supply 14,998,422 DEGO
Price history
Information
Website https://dego.finance/
Media Media
Whitepaper https://docs.dego.finance/
Explorer Explorer
Source Code https://github.com/dego-labs
Converter
DEGO
USD
Project Introduction
Dego.finance is a multi-chain operation, rich content DeFi+NFT product, officially launched in September 2020, has launched Farm, NFT casting/trading, NFT mining and other product sections, will be launched in the future, trading, lending, insurance, machine gun pool and other functions. Dego initially ran on Ethereum, and then landed on BSC. In the future, it aims to become the Parallel Dego Chain of Boca, realizing cross-chain operation. The Dego Smart Contract has been audited by Beosin and the development team remains anonymous.
Project Vision
Become DeFi's fusion device to help those who cannot enjoy a banking system based on the idea that "the code is the law".
Market Demand
Since the beginning of this year, DeFi's growth has been going into overdrive, and we've seen a lot of exciting quality work in the market, with countless investors succumbing to its charm and hopping from one new project to another, trying to tap into the new territory of the crypto market. Adventure and exploration are certainly respectable, but time and money are extremely limited and many investors do not fully grasp all investment opportunities in the face of numerous DeFi projects. In addition, in these projects, the topwhale users who are competing with you will take most of the wealth and leave only a small part for ordinary investors, which makes de-centralization a false proposition. Capital monopoly is still the main theme of current DeFi.
Solution
DEGO was born out of this, and the team wanted to capture the value of the DeFi world through DEGO and generate revenue for players through modular combination strategies. In addition, they will use algorithms to eliminate capital monopolies in DEGO mining, making DEGO an inclusive and sustainable DeFi product.
Project Implementation Mechanism
1. Promoters can pay to generate invitation links in Dego and become promoters. The initial price is 0.1 ETH, and 0.1 ETH will be increased for every 100 promoters. You can earn 10% of subordinate revenue by inviting links to promote. Algorithm 2, mining revenue To curb the company earnings, Dego reformed the traditional Farm impawn financing volume is proportional to the benefits fully play, but introduced a concept of work force, the user work force, the higher the income, work force (weighted multiples) related to the area, according to the ranking of Dego impawn financing volume in this system is divided into three regions. This setting can avoid the monopoly benefits of Orca and thus control the decentralized governance of Dego. It can also encourage users in the mass area with less pledge to increase their investment continuously, so as to enter the best area and form the trend of catch-up of the whole network. The disadvantages of this gameplay are also obvious. The optimal zone pledge amount must be constantly changing, and users must adjust the LP pledge amount frequently if they want to stay in the optimal zone. The high Gas cost of Ethereum will make users bear a high adjustment cost. 3. Speculation penalty If the user withdraws from the pledge when the pledge time is less than 72 hours, 10% of the income will be deducted as speculation penalty, and this part of the fund will be put into the system bonus pool. When users transfer DEGO tokens (including any on-chain transfer), 0.5% (5% initially, 2% and 0.5% later) will be deducted, of which 0.25% will be destroyed directly and 0.25% will be put into the system bonus pool. 5. System Bonus Pool The funds in the system bonus pool are allocated in the following way: 20% : reward for volunteer developers 40% : Injection into the NFT auction pool (see section 2.2.5 below) 40% : for subsequent modules
Token Usage Scenarios
Platform governance: DEGO token holders will vote on platform parameters to guide the operation and development of the project. Incentives: DEGO is used to motivate users to participate in bounty programs, referrals, and other programs in the future. NFT Kit: DEGO tokens will be used for NFT minting, mortgaging, auctions and trading. System tax: Users trading DEGO tokens will contribute to the revenue pool to capture the value of DEGO tokens.
Characteristic
1. Dego. Finance combines elements of existing DeFi products to form subsystems with specific functions by using a modular design concept. These subsystems are combined with other modules as a general module, thus forming a new system with excellent functions and performance. 2. Different from DeFi pledge mining, DEGO's liquidity mining method effectively limits the situation where Orca participants can monopolized the high profits and becomes a fairer liquidity mining pool. 3. Dego.Finance is called "the most innovative" because its team is the first to launch the community fission + blind box participation mode. Through cooperation with KuCoin, Bounce and other platforms, NFT products obtained by users' blind box can be used for KCS and BOT mining. 4. DEGO endows NFT with more gameplay. NFT assets in the ecosystem can not only be auctioned and mined, but also participate in DEGO ecological governance.
Technical Characteristics
DEGO adopts the modular combination design concept, combining different products into a system to achieve the effect of 1+1>2. DEGO can be used for ecosystem governance, collateral, expense, and other scenarios.
Release Mechanism
Total number of issues: 21 million DEGO Issued: 9.911 million DEGO Destroyed: 996,400 DEGO Token Distribution: Presale: 6.8% : 1.425 million DEGO Similar to resonance mode, divided into three rounds, price increase whitelist: 0.7% : DEGO Developers/Contributors: 2.5% : 525,000 DEGO Uniswap Initial Funding pool: 5.25% : 1,102,500 DEGO DEGO DAO: 3.75% : 787,500 DEGO Airdrop: 1% : 210,000 DEGO Mining: 80% : 16.8 million DEGO
Project Highlights
Dego is a project full of interest and imagination. Blind box airdrop, NFT mining, NFT auction, NFT structure design and other innovative projects have attracted a large user base. Currently, Dego has 70,000 twitter followers, 64,900 Members in its Telegram group, and 31,200 members in its Discord group. The community is far more popular than any other project or platform in the NFT circuit (NFT Public Chain Flow, Opensea, Rarible, etc.). At the same time, Dego NFT's on-chain data (casting volume, transaction volume) is also very bright, ranking top in Ethereum ERC721 and BSC BEP721. NFT is one of the hottest tracks, with Naspers Ventures, Square Enix, Binance Labs and others all setting up in the last two years. In addition to doing Farm work on Ethereum in the early stage, Dego focused on NFT in the later stage. According to the roadmap, Dego is going to be a very comprehensive NFT system. The current NFT casting/trading/auction is just the tip of the iceberg, and the upcoming NFT lending, Dego Swap, Treasureland, 908 Protocol, and Boca Parallel chain are the highlights. If the roadmap is followed, Dego could become the leading project in NFT.
Incentive Mechanism
DEGO is used to motivate users to participate in bounty programs, user referrals and other programs in the future.
Competitors
DEGO uses the modular design concept to make existing and future DeFi products into building blocks. In a collaborative way of "governance is assembling", users can gain the benefits of the entire DeFi world in DEGO application. Often a block may be plain and unremarkable, but when all the blocks are put together, there is no limit to what can be imagined. DEGO is a brand new DeFi product. It pursues an open, free and decentralized spiritual core, and it has the geeky creed of security, open source and code first. Unlike Maker DAO, Comepound, YFI, and even more recently SUSHI, it's diverse, creative, and fair.
Points
At the end of Last September, DEGO officials airdropped blind boxes to customers, which cost just $13 to issue a V1-V6 NFT. The higher the number, the rarer, and the more valuable. Some players got a V6-rated NFT blind box (the maximum price was over $8,000 at the time), so many users rushed to join the game and the Ethereum network became congested during this period. Taking advantage of the user's curiosity, the authorities paid $13 to open the blind box to get a random NFT, and the '$13 scratch-off' successfully caught my attention."
Market Commentary
Inspired by Lego, DEGO is a building block that allows users to create their own NFT. These NFTS were then divided into bronze, silver, gold, masonry and Krypton grades. The higher the level, the more DEGO will be built. For example, a bronze NFT takes only one DEGO, while a Kryptonian NFT takes 100 DEGO. I'm almost middle-aged, but I love Legos, and this lovely DEGO is a few notches above the other NFT in my mind."
KOL
"I'm excited about The future of DEGO," she said. "The creative team behind DEGO has demonstrated tremendous strength and imagination. As a project that has baffled copycaters, DEGO could be the next unicorn after Uniswap."
Project Risk
The risk point of Dego is that it covers too many functional sections, which means that there will be many rival products. In the process of growth, it will inevitably face many relatively mature competitors, which will bring pressure to the development of the project. At present, the main functions of Dego have not been completed, so the possibility of delay of subsequent products and problems in the process of research and development should be considered.
Values
The game play in the DEGO system is very diverse, NFT blind box, NFT auction, mining and other ideas have attracted many players. The 100,000-kcs new mining pool brings a new gameplay to the DEGO system, but also provides players with additional revenue opportunities. The deep participation of the coin is to add a layer of "classical coin circle" endorsement to DEGO, especially the influence of the coin in the overseas market and DeFi market this year is still very high. To sum up, this event opened the way for the convergence of the new and old coin circle industry, and it was the first time that CEX and DeFi/NFT project were "jointly named" on the chain in a real sense. Let users get benefits, coins get traffic and DEGO get more application scenarios, so that the three parties achieve a win-win situation.
Pairs
Rank | Source | Pair | Price | 24h | Volume(24H) | Trading Percent | Updated | ||||
---|---|---|---|---|---|---|---|---|---|---|---|
1 | Binance | 1 | Binance | DEGO/USDT | 1.6310 | -2.28% | $601,485.08 | 13.8976% | 2024-11-05 04:23:03 | ||
2 | CoinW | 2 | CoinW | DEGO/USDT | 1.6206 | -2.75% | $497,246.97 | 11.4891% | 2024-11-05 04:22:17 | ||
3 | BingX | 3 | BingX | DEGO/USDT | 1.6310 | -2.34% | $36,547.13 | 0.8444% | 2024-11-05 04:21:57 | ||
4 | MEXC | 4 | MEXC | DEGO/USDT | 1.6310 | -2.12% | $21,389.57 | 0.4942% | 2024-11-05 04:22:12 | ||
5 | KuCoin | 5 | KuCoin | DEGO/USDT | 1.6316 | -1.93% | $10,525.6 | 0.2432% | 2024-11-05 04:22:06 | ||
6 | Gate.io | 6 | Gate.io | DEGO/USDT | 1.6220 | -2.64% | $6,807.77 | 0.1573% | 2024-11-05 04:17:28 | ||
7 | MEXC | 7 | MEXC | DEGO/ETH | 0.00067640 | -0.12% | $6,271.06 | 0.1449% | 2024-11-05 04:23:09 | ||
8 | KuCoin | 8 | KuCoin | DEGO/ETH | 0.00066640 | -1.64% | $1,037.35 | 0.0240% | 2024-11-05 04:20:11 | ||
9 | XT.COM | 9 | XT.COM | DEGO/USDT | 1.6300 | -2.34% | $180,447.34 | 4.1693% | 2024-11-05 04:21:30 | ||
10 | P2PB2B | 10 | P2PB2B | DEGO/USDT | 1.6300 | -1.93% | $24,890.85 | 0.5751% | 2024-11-05 04:21:32 | ||
11 | Bitrue | 11 | Bitrue | DEGO/USDT | 1.6320 | -2.22% | $31,986.68 | 0.7391% | 2024-11-05 04:22:24 | ||
12 | CoinEx | 12 | CoinEx | DEGO/USDT | 1.6239 | -2.23% | $3,116.71 | 0.0720% | 2024-11-05 04:22:55 |
Trading platform transaction information
Trading Percent
All Exchange
Exchange | Volume(24H) | Trading Percent | |||
---|---|---|---|---|---|
Binance | Binance | $601,485.08 | 27.6971% | Visit | |
Gate.io | Gate.io | $6,807.77 | 0.3135% | Visit | |
KuCoin | KuCoin | $11,562.95 | 0.5324% | Visit | |
MEXC | MEXC | $27,660.63 | 1.2737% | Visit | |
BingX | BingX | $36,547.13 | 1.6829% | Visit | |
CoinW | CoinW | $497,246.97 | 22.8972% | Visit | |
XT.COM | XT.COM | $180,447.34 | 8.3092% | Visit | |
P2PB2B | P2PB2B | $24,890.85 | 1.1462% | Visit | |
Bitrue | Bitrue | $31,986.68 | 1.4729% | Visit | |
CoinEx | CoinEx | $3,116.71 | 0.1435% | Visit | |
Nominex | Nominex | $6,408.55 | 0.2951% | Visit |