Why a DUMA token is essential?
This section describes the functions of the DUMA token.
For allocation buyers in projects:
The DUMA token will be used to obtain a discount when participants purchase allocations in projects. When purchasing allocations in projects, the user can choose between two options:
a) A one-time fixed commission in USDT equal to 10% of the amount the user wishes to spend on acquiring the allocation. Example: If the user wants to purchase a share in Project X for $1000, then the user must pay: $1000 + 10% = $1100. If the user wants to pay only $1000, then they will receive an allocation worth $909, and $91 will be paid as a commission (total $1000).
b) A one-time commission in USDT equal to 15% of the allocation purchase amount. In this case, the user not only receives the allocation but also receives DUMA tokens equal to 10% of the allocation amount. Example: If the user wants to purchase a future token in Project X for $1000, then the user must pay: $1000 + 15% = $1500. In this case, the user will receive an allocation in Project X worth $1000 and DUMA tokens worth $100 that will be in cliff until the TGE of Project X.
For sellers of allocations on the DUMA marketplace:
The DUMA token will be used to reduce commissions for users when accessing the DUMA marketplace. The initial commission for placing allocations on the DUMA marketplace is 3%. By staking DUMA tokens for a minimum of 3 months at a minimum of 100 Duma (in development), users can reduce the commission.
For investors in the DUMA project:
The DUMA token provides the opportunity to receive a share of the protocol's revenue for contributing to its development. Users can purchase tokens and lock them in the staking module for at least 3 months to receive a reward for their contribution. The longer the lock-up period, the higher the reward percentage. This reward system is designed to encourage token holders to participate in the development of the DUMA protocol and hold their tokens for the long term. Through staking tokens, users are guaranteed to receive a share of the fees generated by the use of the protocol.
In the first 12 months after the project's launch, the DUMA token will be used to stimulate liquidity incentives. Users adding liquidity to the DUMA+USDT pair (the pair will be approved in the later stages of the project's development) will receive an increased commission. The increased percentage will be calculated based on the number of liquidity providers. The more liquidity, the lower the percentage. Initially, 20% of the tokens are reserved to stimulate liquidity. The maximum bonus APY should not exceed 30% per annum, in addition to the commission for providing liquidity.
To vote in the DAO (the voting model and implementation of the DAO are currently under development)
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