What is United Doge Finance (UDOG)?
United Doge Finance is a community-driven token and platform that says its goal is to allow users to be able to build credit with the use of a crypto powered credit card, along with several other credit driven financial offerings.
The project aims to "redistribute power from credit agencies to individuals" - helping to create a more transparent, balanced and fair credit system.
United Doge Finance was founded in August 2021 and created with the investor and community in mind. The goal is to provide generational wealth to all loyal holders with a hyper-deflationary functionality and automatic staking to reward UDOG holders.
The team behind the platform plans to develop its own ecosystem, including a crypto powered credit card, portfolio smart wallet, exchange/swap engine, cross-chain bridge, NFT marketplace and other financial offerings.
United Doge Finance was founded by Brandon Collins and Keith Biggar Jr. Both co-founders have a background in business, leadership and entrepreneurship. They came together with a vision to simplify the credit process but also make it more transparent, balanced and fair for all.
The project is now headed by the co-founders and ten other individuals, all of whom are transparently provided on the project’s website.
What Makes United Doge Finance Unique?
In contrast to many other crypto projects, United Doge Finance promises to provide a complete ecosystem that will provide its token actual value and real-world use cases. Its portfolio smart wallet, which is scheduled to launch in March of 2022, is a smart wallet that will allow users to keep track of their investments, host credit accounts and stake their crypto holdings for a return. The portfolio smart wallet will also allow the users to store their NFT’s and link to the exchange/swap engine, cross-chain bridge and NFT marketplace.
The UDOG token automatically distributes 3% of every buy and sell to its holders and automatically auto burns 2% of every buy and sell from its total supply, making the value of holdings increase with every transaction.
How Many United Doge Finance (UDOG) Tokens are there in Circulation?
United Doge Finance had a total supply of 100 quadrillion tokens at launch. 50% of that was burned at launch, allowing 50% to be available for circulation. In addition, United Doge Finance, being a deflationary token, auto burns 2% of every buy and sell. At the time of writing, there was a circulating supply of 98,819,674,411,864,700.
United Doge Finance has an anti-whale feature that disallows a large token holder from trying to manipulate the price or dump the token, although it goes unclear whether this goes beyond mere price slippage when selling.
How is United Doge Finance Network Secured?
United Doge Finance is an ERC-20 token on Ethereum.
ERC-20 is a token standard most new tokens follow when publishing on the Ethereum blockchain. Ethereum is one of the most popular blockchains and the go-to solution for many decentralized applications. Its proof-of-work consensus mechanism requires miners to mine new Ether and ensures that Ethereum is one of the safest blockchains in the crypto industry. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.
When Will United Doge Finance Trading Begin?
United Doge Finance trading began on August 10th, 2021, on the Ethereum network.
Can United Doge Finance Hit $0.01?
Realistically speaking, given the 100 quadrillion initial supply, it is highly improbable United Doge Finance will ever reach $0.01, even accounting for the already burned supply. Ultimately, the likeliness of the token to hit its highest potential price, will be determined by how well the team can deliver on the project’s vision and ecosystem.
Where Can You Buy United Doge Finance (UDOG)?
United Doge Finance is available on Uniswap (V2) and SushiSwap.