20.2 C
London
Sunday, July 21, 2024

What Is Dosa ($DOSA)? Complete Guide & Review About Dosa

- Advertisement -
binance 728x90 banner

What Is Dosa ($DOSA)?

The Dosa Bomb is a DeFi wallet-integrated tool that entitles the Fuses to vote on where the They Bomb Wallet is spent. The Bomb Wallet gradually builds toward $50,000 from a tax on the transaction volume as the $Dosa token is traded. Each They Bomb has 4 Contender projects that are vying to receive the $50,000 Dosa Bomb buy. Whichever Contender has the most votes when the Bomb Wallet reaches $50,000, will receive the full amount in the form of ETH swapped for their token. This buy is then claimable by the Chiefs at the time of the buy.

Dosa Coin, a Korean Mastiff breed, is dignified, easy going, good natured, intelligent and loyal. The gentle giant enjoys being with others. It tends to ‘lean’ on its favorite people, like a huge lapdog. They chose the Dosa dog as protocol’s mascot because of these characteristics. They represent the core values of the project, collaboration and support. They say that Dosa “democratizes green candles” because it enables communities of other projects to get attention and transaction volume on the projects they feel most passionate about.

Important Points Table Of Dosa

BasicPoints
Coin NameDosa
Short Name$DOSA
Total Supply1,000,000,000
ExplorerClick Here To View
DocumentationView Document
WebsiteClick Here To Visit

How to Buy the Continental & Trade On Exchange?

Invalid date

First Step

Buying $DOSA Is Very Easy Task . Just Find Exchange Where $DOSA Available & Buy Through Your Credit & Other Altcoin .

Invalid date
Invalid date

Second Step

Once You Purchased $DOSA. Now It Is Time To Store Your $DOSA Or Start Trading On Exchange .

Invalid date

Green Candles

The Dosa Bomb is a DeFi wallet-integrated tool that entitles They Fuses to vote on where the Bomb Wallet is spent. The Bomb Wallet gradually builds toward $50,000 from a tax on the transaction volume as the $Dosa token is traded. Each Bomb has 4 Contender projects that are vying to receive the $50,000 Dosa Bomb buy.

How It Work

A “Dosa Fuse” is a crypto wallet that holds at least 100,000 $Dosa tokens.

To vote, a Dosa Fuse simply selects which Contender they are voting for on the Dosa dApp, before the Bomb wallet hits $50,000.

Each Dosa Fuse gets 1 vote, per Dosa Bomb, plus any additional votes from holding Dosa NFTs. Each Fuse’s vote is public information on the Dosa dApp.

If a Fuse fails to vote in the current Bomb round, their vote(s) do not carry over to the following round. Once vote(s) are submitted, they cannot be withdrawn.

10.000 NFT COLLECTION TO DOMINATE THE DOSA BOMB

Dosacrats are the Dosa Protocol’s NFT line. Each Dosacrat is unique art, generated randomly by computer, in profile picture style, in the form of a Mastiff character.

Become a member of the “Dosacratic Parliament” to gain influence over the Dosa Bomb. While being a Fuse entitles a holder to their vote, Dosacrats boost the number of votes a Fuse gets. Welcome to the Dosacracy.

Chainlink

For each Dosacrats NFT minting request, Chainlink VRF generates one or more random values and cryptographic proof of how those values were determined.

The proof is published and verified on-chain before any consuming applications can use it.

This process ensures that results cannot be tampered with or manipulated by any single entity including oracle operators, miners, users, scripts or smart contract developers.

Why Dosa NFT

Each Dosacrat NFT grants the Fuse to one extra vote in the ongoing Dosa Bomb.

The more Dosacrats you hold, the more votes you get!

For example, if a wallet holds 100,000 $Dosa tokens, and 3 Dosacrat NFTs, that holder is entitled to 4 votes in the Dosa Bomb. If a wallet holds 400,000 $Dosa tokens, and 1 Dosacrat NFT, that holder is entitled to 2 votes in the Dosa Bomb.

Dosa Team

The “Dosa Team” are anonymous and pseudonymous developers and computer programmers. The Dosa Protocol is decentralized, and bigger than any particular individual or team.

The only function of the $Dosa token, or Dosa NFTs, is to enable holders to vote in the Bomb. Holding $Dosa should not be considered an investment. No statements made in this document, nor any Dosa communication channels, nor by any The“community members” or holders, should be considered financial advice. $Dosa holders should not expect any “return on investment,” nor that the “Dosa team” will work to provide value to their holdings.

A crypto project being listed as a “Contender” in the Bomb should not be considered financial advice. It has no decision-making capacity or authority in any of the “Contenders” in the Dosa Bomb. They does not vet the Contenders’ teams, contracts, missions, or communities. The winner of the They Bomb is chosen solely by which Contender receives the most votes, and it is not to be taken as an indication that the winner is a “good investment.”

- Advertisement -

Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

LATEST PR
- Advertisement -binance
Related Articles