Topic: DEGO - A DeFi Aggregator - Soon to Uniswap - page 3. (Read 750 times)
Judging from the appearance of the website, this project is very interesting. This is the first time I have come across a crypto project with a website design as unique as this. But what I'm confused about where is the team? i can't find it on the website.
It is not a fault of Uniswap any DEX can't put any kind of filter there to stop listing any project. Only greedy people buying all kind of DEFI tokens without doing any research about their future. Everyone want to become rich so every project is rising rapidly right after the launch like what happened in 2017.
Well, they are still since they are the bridge of potential scam/s if they'll audit every project to be listed there then the risk will surely decrease. It's not about being greedy but sometimes one that triggers people to buy was through deception. If somehow Uniswap is kinda a regulated one then surely as I said it will decrease. I don't know if that's a feature of them a regulated one because I haven't really used Uniswap yet.
Project team want to build a new dapp to enhance the value of the DeFi, create diversified investment portfolios and generate substantial financial returns for users, and become the entrance to the future of financial services.
Most DeFi projects will soon see their downfall. And Uniswap will be known as exchange of crap tokens. Be ready for users who will regret joining this hype and blaming these DeFi projects. But the blame should be put into these buyers who are driven by greed.
It is not a fault of Uniswap any DEX can't put any kind of filter there to stop listing any project. Only greedy people buying all kind of DEFI tokens without doing any research about their future. Everyone want to become rich so every project is rising rapidly right after the launch like what happened in 2017.
Most DeFi projects will soon see their downfall. And Uniswap will be known as exchange of crap tokens. Be ready for users who will regret joining this hype and blaming these DeFi projects. But the blame should be put into these buyers who are driven by greed.
DEGO equals to LEGO in the DeFi world. Each DeFi protocol as a brick, It could be the stable coin (DAI), flash Loans, DEX exchanges (Uniswap and Balancer), derivatives, insurances.
The LEGO theme that has already used by DEGO looks very good choice, How it could be a stable coin like DAI? I think that if the features that already offered were also similar like what already offered by another defi project too.
Im just putting this one in my watch list today. I heard that deg will launch its own net in the next days and it looks very interesting.
What worries me is why they have to be anonymous and I think I only encounter a DeFi project that's anonymous because some DeFi are clearly presenting themselves.
If nothing else, their website is designed unique, using the 90s version of windows. But not really helpful in my opinion.
Though it is too early to tell what's gonna be the fate of this project, but investors should be very vigilant.
As we encounter DeFi and Uniswap in most crypto projects launched lately, user should dig deeper if the project has good foundation to begin with.
Because if not, forget the hype because most of them will disappear in few months time.
More like we are still testing the waters in this phase, people should be aware that with the current DeFi boom potential scammers are always in there, maybe a pump and dump scenario something like that. Design of a website doesn't define exactly if they'll succeed or not. I noticed too that there isn't whitepaper as well. Though it is too early to tell what's gonna be the fate of this project, but investors should be very vigilant.
As we encounter DeFi and Uniswap in most crypto projects launched lately, user should dig deeper if the project has good foundation to begin with.
Because if not, forget the hype because most of them will disappear in few months time.
Dego site is quite interesting and I consider this a green flag because I have just found something like this, and also I am still waiting for AMA will be held by Zendetta Telegram group if I can get interesting points from AMA results, maybe I will try to buy Dego Token
If nothing else, their website is designed unique, using the 90s version of windows. But not really helpful in my opinion.
Though it is too early to tell what's gonna be the fate of this project, but investors should be very vigilant.
As we encounter DeFi and Uniswap in most crypto projects launched lately, user should dig deeper if the project has good foundation to begin with.
Because if not, forget the hype because most of them will disappear in few months time.
yes, the site is very unique, but this official thread is very simple
anyway this is another defi project that born on ethereum blockchain right ?
Dego site is quite interesting and I consider this a green flag because I have just found something like this, and also I am still waiting for AMA will be held by Zendetta Telegram group if I can get interesting points from AMA results, maybe I will try to buy Dego Token
If nothing else, their website is designed unique, using the 90s version of windows. But not really helpful in my opinion.
Though it is too early to tell what's gonna be the fate of this project, but investors should be very vigilant.
As we encounter DeFi and Uniswap in most crypto projects launched lately, user should dig deeper if the project has good foundation to begin with.
Because if not, forget the hype because most of them will disappear in few months time.
DEGO equals to LEGO in the DeFi world. Each DeFi protocol as a brick, It could be the stable coin (DAI), flash Loans, DEX exchanges (Uniswap and Balancer), derivatives, insurances.
DEGO adopts a modular combination design concept. Modularity refers to the combination of various elements of the product to form a subsystem with specific functions.
Design is very nice) The website is empty and not filled, I do not ask why the website is not finished the first time and then the project is presented
Basically, DEGO is a DeFi aggregator. You can think of it as a platform or ecosystem.
Website Telegram Discord Twitter Medium GitHub
Core Mechanisms
LP Token
When you deposit DEGO tokens into the Uniswap liquidity pool, you will get the UNI-v2 LP token, which is the key to enter the DEGO ecosystem.
DEGO Inflation Rate
When a user transfers DEGO token, that is when calling the transfer interface and transferFrom interface of the smart contract, 5% trading fees will be deducted, half of it will be put into the dividend pool and the rest will be permanently destroyed.
Liquidity Mining Pool (yield farming)
User can mine DEGO tokens after staking UNI-v2 LP into the Liquidity Mining Pool. Liquidity Mining Pool with 40% of total supply (8,400,000 DEGO). The halving is every 2 weeks
Rewards Pool
Sources of tokens in dividend pool:
trading fees of DEGO
Liquidity Mining bonuses
Governance Allocation
We aim to finally achieve complete decentralized governance. The community decides the operational mode and future development direction of the system by voting.
* Adopt multisig wallet
* Governance Frameworks
* Proposal Discussions
* Fee Allocations
* Value-Added Incentives
* Pool Additions & Amendments
1）Hunting pool （like yvault）
2）Auction
3）many more...depends on community
We are in contact with Tron/Polkadot for participating in their ecosystem.
Token Distribution
- Token supply: 21, 000, 000 DEGO
- Presale supply: 10% of total supply ( 2,100,000DEGO)
Before the pre-sale, we will put everything on Github, and we will do Smart Contract Security Audit.
1）Cap: 750 ETH 6.79% of total supply ( 1,425,000 DEGO)
Sale Price
0 ETH - 150 ETH 1ETH = 2500 DEGO Maximum:5 ETH
151 ETH - 450 ETH 1ETH = 2000 DEGO Maximum:5 ETH
451 ETH - 750 ETH 1ETH = 1500 DEGO Maximum:5 ETH
--------------------------------------------
2) Cap: 100 ETH for whitelisted users 0.71% of total supply ( 150,000 DEGO)
1ETH =1500 DEGO
Maximum:2 ETH
--------------------------------------------
3) Cap: 150 ETH for team 2.5% of total supply ( 525,000 DEGO)
1ETH = 3500 DEGO There is no pre-mining or private sale for this project. All team members participate in the token sale just like others of the community.
Maximum:10 ETH
After the pre-sale, we will deposit 700 Eth + 875,000 DEGO in Uniswap for adding liquidity, and this super LP will be lock for 28 days so that other LP holders can mine more DEGOs. After 28 days, the income generated by this LP will be sent to the rewards pool.
===========================================
- Uniswap Liquidity: 4.167% of total supply (875,000 DEGO)
- Liquidity mining rewards: 40% of total supply (8,400,000 DEGO)
- Governance reserved: 40% of total supply (8,400,000 DEGO)
- DEGO DAO: 4.833% of total supply (1,225,000 DEGO)
- Airdrop 1% of total supply ( 210,000 DEGO)
I am not a member of this project, I'm just here to post on behalf of them.
Website Telegram Discord Twitter Medium GitHub
Core Mechanisms
LP Token
When you deposit DEGO tokens into the Uniswap liquidity pool, you will get the UNI-v2 LP token, which is the key to enter the DEGO ecosystem.
DEGO Inflation Rate
When a user transfers DEGO token, that is when calling the transfer interface and transferFrom interface of the smart contract, 5% trading fees will be deducted, half of it will be put into the dividend pool and the rest will be permanently destroyed.
Liquidity Mining Pool (yield farming)
User can mine DEGO tokens after staking UNI-v2 LP into the Liquidity Mining Pool. Liquidity Mining Pool with 40% of total supply (8,400,000 DEGO). The halving is every 2 weeks
Rewards Pool
Sources of tokens in dividend pool:
trading fees of DEGO
Liquidity Mining bonuses
Governance Allocation
We aim to finally achieve complete decentralized governance. The community decides the operational mode and future development direction of the system by voting.
* Adopt multisig wallet
* Governance Frameworks
* Proposal Discussions
* Fee Allocations
* Value-Added Incentives
* Pool Additions & Amendments
1）Hunting pool （like yvault）
2）Auction
3）many more...depends on community
We are in contact with Tron/Polkadot for participating in their ecosystem.
Token Distribution
- Token supply: 21, 000, 000 DEGO
- Presale supply: 10% of total supply ( 2,100,000DEGO)
Before the pre-sale, we will put everything on Github, and we will do Smart Contract Security Audit.
1）Cap: 750 ETH 6.79% of total supply ( 1,425,000 DEGO)
Sale Price
0 ETH - 150 ETH 1ETH = 2500 DEGO Maximum:5 ETH
151 ETH - 450 ETH 1ETH = 2000 DEGO Maximum:5 ETH
451 ETH - 750 ETH 1ETH = 1500 DEGO Maximum:5 ETH
--------------------------------------------
2) Cap: 100 ETH for whitelisted users 0.71% of total supply ( 150,000 DEGO)
1ETH =1500 DEGO
Maximum:2 ETH
--------------------------------------------
3) Cap: 150 ETH for team 2.5% of total supply ( 525,000 DEGO)
1ETH = 3500 DEGO There is no pre-mining or private sale for this project. All team members participate in the token sale just like others of the community.
Maximum:10 ETH
After the pre-sale, we will deposit 700 Eth + 875,000 DEGO in Uniswap for adding liquidity, and this super LP will be lock for 28 days so that other LP holders can mine more DEGOs. After 28 days, the income generated by this LP will be sent to the rewards pool.
===========================================
- Uniswap Liquidity: 4.167% of total supply (875,000 DEGO)
- Liquidity mining rewards: 40% of total supply (8,400,000 DEGO)
- Governance reserved: 40% of total supply (8,400,000 DEGO)
- DEGO DAO: 4.833% of total supply (1,225,000 DEGO)
- Airdrop 1% of total supply ( 210,000 DEGO)
I am not a member of this project, I'm just here to post on behalf of them.
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