Dojo Farm

Dojo Token (DOJO)

Token Details

Polygon (Matic) Network:

  • Ticker: DOJO.
  • Initial supply: 400.
  • Contract address: 0xCa9e4a7617D5fdaaA49Beb8Dc8E506706324e253
  • MasterChef address: 0x2c8CA5aD689E0bf86CBfc444aE1cc174300EA8f6
  • Chain: Polygon (Matic Network).
  • Supply: Unlimited.

Binance Smart Chain:

  • Ticker: DOJO.
  • Initial supply: 400.
  • Contract address: 0x25A604019cF40FD1c7281e0D83856556D7226f45
  • MasterChef address: 0x539938D1358a1173D9c5E1073FebfA2dD44f39d1
  • Chain: Binance Smart Chain (BEP-20).
  • Supply: Unlimited.

Transfer Tax

  • Burn Rate: 1% of transfer tax will be burned immediately.
  • Automatic Liquidity Rate: 4% of transfer tax will be added to the LP pool and locked.
  • Total Transfer Tax Rate: 5% of every transfer.

Emission Rate

  • 1 DOJO / block.
  • 9.09% to the dev team to ensure essential growth of the project.

Why DOJO Has No Hard Cap?

There's currently no hard cap on the supply of DOJO , making it an inflationary token.
Community members often point to this as a cause for concern, and while the dev team certainly understands the wish for a hard cap, there's a big reason we don't expect to set one in the near future.
DOJO FARM's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less incentive to provide liquidity (LP fees, etc. would remain).

How DOJO Supply Is Reduced Without A Hard Cap?

1. Reducing Block Emission

By reducing the amount of DOJO generated per block, we slow the inflation. This has already been done once: from 10 to 0.1. But we don't want to do this too frequently, too early, for the same reason we don't want a hard cap: we still need to incentivize people to provide liquidity.

2. Transfer Tax

DOJO FARM now has a 5% transfer tax on each transfer. 1% is burned directly and the rest 4% is added to DOJO-BNB liquidity pool and locked. This deflationary mechanism will help us to reduce the circulating supply of DOJO which will release sell peruse a lot.