Frequently Asked Questions
How much of the 1 Billion DUB Tokens will be disbursed every week?: 5,000,000 of the 1 billion max supply were seeded w/ ETH in the DUB/ETH pool on Alien Base Dex. The remaining 995 million will be time released every 7 days starting Monday, April 15th at .1% of that remaining supply, or 995,000 tokens a week, every subsequent Monday, until the full supply is in the market.
What is the plan for when the supply starts to enter 25%, 50% of the circulation? By these milestones, we believe we will have enough capital as a team to provide buybacks and LP of the DUBB token itself, or buy back to recycle for incentives. All purchases of the tokens will be conducted with the intent of building LP positions, used for incentives, community airdrops, or other various activities intended to benefit DUB holders. The team will never sell a DUB token.
What is the team take? How many tokens will be allocated to the team from the beginning? Zero. Yes, Zero. Zilch. Nada. Any DUB token that is bought by a team member will be from the market using their own funds. 99.5% of the supply will be time locked. Any income the team receives will be from intended whitelisting on exchanges that enable income generation from veNFTs.
Will the team be airdropping DUB Tokens to holders? We anticipate airdrops as part of our early marketing strategy, but for team use, however, the team will only use the tokens to incentivize or to establish lp positions. The team will never sell the tokens to establish lp positions. We will match the amount respective of ETH or USDC value by adding USDC accordingly to the DUB proportion we will intend to LP at the time of deposit and staking.
The first few unlocks of DUB tokens, portions will be set aside for airdropping communities who have show their support to the project and founding team. The team will announce when airdrops have disbursed.
Airdrops of future tokens are on the table but they will be determined by a case by case basis and also with community feedback.
How often will team LP DUB tokens? Every week in some form or amount. LP'ing is one of the main strategies for longevity regarding the price action of the DUB Token.
(Updated 1/7/2025) If you guys get whitelisted on a ve3,3 dex like Aerodrome, Will the team vote for it's own pool? We have no plans to get whitelisted on Aerodrome. We do, however, intend to lp farm on Aerodrome.
How will the team be governed? The project founder is Baron Manfred von REKT-Often, having over 7 years experience of navigating the space and having ample experience on what works and doesn't work when being a part of a team. We will have an inner circle of advisors who are legal experts in the field and who are very well-versed in the nuances of crypto-centric law.
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