Welcome to Dogewhale Documentation

Launched in late November 2021, Dogewhale is a deflationary, reserve-based protocol built on the Binance Smart Chain (BSC). The protocol's reserve system currently includes popular tokens such as Dogecoin, Shiba Inu, and Floki.

Here you should expect to find all the information relevant to Dogewhale

Dogewhale Overview

Background 🪶

Dogewhale originated from a series of experimental tokens that aimed to implement extreme deflationary tokenomics. In September 2020, two pioneering teams began competing to develop innovative deflationary concepts within the DeFi space. Leading this movement, Galore and PRIA introduced ideas that were subsequently refined by other teams, resulting in the creation of the Reflect Finance (RFI) token, a concept further popularized by projects like Safemoon. Despite their initial success, many of these projects struggled with sustainability, ultimately suffering from reduced trading volume over time.

Unless a concept is truly groundbreaking in value generation, a DeFi project is highly likely to have a limited lifespan, thriving in its early days, only to falter and fade as it faces the relentless challenges of the midgame and endgame.

This trend has been evident not only in DeFi projects but also among many other cryptocurrency tokens, leading to their characterization as 'shitcoins' that are destined to fail. Any market appreciation these tokens may experience is often attributed to temporary popularity spikes or market manipulation.

Understanding this pattern was crucial to Dogewhale’s design. Unlike its predecessors, Dogewhale incorporates a reserve system, creating a safety net that relies partially on established tokens to enhance its longevity in a volatile market.

By integrating deflationary tokenomics with a strategic reserve and bespoke systems, Dogewhale differentiates itself from a plethora of failed concepts, many of which are mere clones of older, unrefined ideas.

Explore Dogewhale’s comprehensive documentation to gain deeper insights into its operational framework. You may find that once you grasp the underlying mechanisms, Dogewhale could become one of your more comfortable investments, designed with the success of everyone in mind.

Dogewhale General Information 📋

Dogewhale Tokenomics

Context 🪶

Dogewhale's tokenomics are designed to stand out in the cryptocurrency space, offering a straightforward yet distinctive system. While not overly complex, Dogewhale's structure requires users' attention due to its departure from conventional models.

The initial supply of Dogewhale was set at 1 trillion tokens. For detailed information on allocation, please refer to the distribution section. Dogewhale tokens are primarily available for purchase through a PancakeSwap liquidity pool (LP). Notably, the Dogewhale tokens in this LP undergo a continuous burn process at a rate of 0.01% every 12 hours. This design reduces the burden on holders, as the deflationary mechanics are not applied directly during buying, selling, or transferring Dogewhale tokens.

Transaction taxes are an integral part of Dogewhale's model, designed to be minimal and dynamically adjusted based on price fluctuations. The protocol tracks the all-time high and the current trading price, calculating the retracement level to adjust taxes accordingly. If the price falls below the 50% retracement level, a "panic level" is triggered.

Typically, the transaction tax for buys is set at 0.50%, and for sells, it is set at 2%. However, these rates adjust when the panic level is breached: the buy tax can decrease to as low as -2%, while the sell tax can increase to up to 8%, scaling linearly with further price drops. This mechanism incentivizes buying during market dips and discourages selling when prices are significantly low.

Collected transaction taxes are temporarily held in a secondary reserve, subsequently converted into Dogecoin, Shiba Inu, and Floki Inu, and added to the Dogewhale main reserve. A portion of these taxes is also reinvested into the liquidity pool.

Opportunities 🎯

This set of characteristics create a set of unique dynamics and opportunities. If the token price is under the reserve value, then dogewhale must be undervalued and a buying opportunity exists. Conversely, if dogewhale is trading over the reserve value then dogewhale must be overvalued and a selling opportunity exists. But can only be true, if dogewhale token is directly tied to the reserves, and it is, via the checkpoint system.

Another interesting dynamic it creates is the continuous upward pressure, even if the reserve tokens remain stable. This is because if the dogewhale supply decreases by burning every 12 hours whilst the reserves retain their value, then theoretically dogewhale price must rise to meet the reserve value. In reality, our reserve tokens seem to appreciate over time, strenghtening said upward pressure when combined with the deflationary nature of dogewhale. This again, can only be true if dogewhale token is directly tied to the reserves, and it is, via the checkpoint system that is covered next.

Connecting Dogewhale to Reserves via Checkpoints 🪢

A checkpoint system tracks the value of Dogewhale reserves in dollar terms as they grow in size and value. Upon reaching a set checkpoint, 10% of the reserves are distributed among holders based on their proportion of Dogewhale tokens. This distribution occurs over a series of 18 checkpoints. At checkpoint 19, the distribution percentage increases from 10% to 100%, distributing the entire reserve to all holders in proportion to their Dogewhale holdings.

The final checkpoint marks the conclusion of the Dogewhale protocol. At this stage, Dogewhale will no longer be tradable, signifying the successful completion of its intended purpose.

Checkpoints are set at easily recognizable values, following a simple doubling rule. The first checkpoint is established at $12,500.00, with each subsequent checkpoint doubling in value, so checkpoint 2 is set at $25,000.00, and so forth.

Strategic Vision 🔭

This tokenomic model aims to leverage the deflationary features of Dogewhale while ensuring the protocol's sustainability by diversifying its value proposition through associations with other popular tokens. From a perceived value standpoint, Dogewhale would only face failure if Dogecoin, Shiba Inu, and Floki all failed simultaneously. Even in such a scenario, Dogewhale could still derive its value independently, similar to other tokens in the market. This suggests that, under the right circumstances, reaching checkpoint 19 is a possibility, particularly if global economic trends continue toward quantitative easing and rising inflation.

Dogewhale has the potential to emerge as a significant hedge, not only against inflation but also against fluctuations in other tokens that may continue to appreciate significantly. Ultimately, the protocol's checkpoint 19 is designed to distribute rewards to holders, potentially making Dogewhale a unique example of a protocol where a majority of users realize tangible gains.

Dogewhale Reserves

Context 🪶

The reserves held by Dogewhale represent a critical component of the protocol, significantly contributing to its value. It is therefore imperative that these reserves are managed through secure systems to ensure the protocol's continued ability to distribute them as predetermined milestones are achieved.

Transaction fees are utilized to acquire three distinct cryptocurrencies. Initially, Dogewhale's launch established Dogecoin as a primary asset to accumulate. Following this, a community vote introduced Shiba Inu as an additional asset to be included in the reserves. Subsequently, a third community vote resulted in Floki being added. As of now, the Dogewhale reserves comprise Dogecoin, Shiba Inu, and Floki.

Reserves are acquired automatically through a dedicated contract equipped with swap functions. When the contract accumulates a threshold of $80 worth of BNB, a keeper initiates a swap to purchase Dogecoin, Shiba Inu, and Floki from liquidity pools on the Binance Smart Chain.

The reserves began with an initial value of $0 and are capped at a maximum of $3.27 billion ($3,276,800,000). Throughout the accumulation phase, reserves are distributed to holders in increments. Upon reaching the maximum cap, the full reserve amount will be distributed to holders. For additional details, please refer to the Checkpoints section.

Reserves Location 📍

Don't Trust, Verify! ✅

We have streamlined the process for verifying Dogewhale reserves, which are directly aligned with the token's Total Value Locked (TVL).

Dogewhale reserves can be verified through the Dogewhale contract itself. Users can assess the quantity of tokens held by querying any appropriate Web3 platform or API. Additionally, verification can be performed via BSCScan, a reputable blockchain explorer for the Binance Smart Chain.

For comprehensive tracking of Dogewhale’s TVL, we recommend DeFiLlama, a platform that has consistently provided accurate data on Dogewhale's reserves.

Reserves Status 📟

Checkpoints

Context 🪶

Dogewhale holds valuable reserves, but these reserves would not effectively translate into value for Dogewhale tokens unless there is a mechanism to link them. The checkpoint system serves as this connection, ensuring that the token's value reflects the value of the reserves.

The checkpoint system consists of fixed threshold values for the reserve amount in USD. There are a total of 19 checkpoints. The system begins with Checkpoint 1 at $12,500, and each subsequent checkpoint doubles the previous value, culminating in Checkpoint 19, which has a threshold of $3.27 billion.

At each checkpoint, 10% of the reserves can be claimed by token holders, proportional to the percentage of tokens they hold relative to the total supply. The only exception is Checkpoint 19, where 100% of the reserves are distributed to all holders based on their share of Dogewhale tokens.

Once Checkpoint 19 is reached, Dogewhale can no longer be traded or transferred. The only allowed operation will be burning tokens in exchange for the full reserve shares corresponding to the burned tokens.

Unlike previous deliberations, there will be no automatic restart or relaunch after reaching the final checkpoint. Dogewhale has a defined endpoint, and once Checkpoint 19 is reached, trading and transfers cease, allowing only for the burning of tokens to claim the corresponding reserve shares.

Distribution

Initial Distribution

Dogewhale's initial distribution was as follows:

Dogewhale Distribution in 2024

As of August 2024, the distribution of the Dogewhale protocol has undergone significant changes. Nearly 43% of the total supply is currently held by users.

Buying Dogewhale on PancakeSwap

PancakeSwap is one of the most popular decentralized exchanges (DEX) and operates on Binance Smart Chain. The process of buying and selling Dogewhale via PancakeSwap is simple. Follow these steps:

Step 1: Install MetaMask Browser Extension

MetaMask is a Chrome extension that acts as a web3 wallet. It allows you to interact with sites containing web3 functionality, enabling you to read and write data to the blockchain.

To get started, you'll need to install the MetaMask extension in your browser.

Step 2: Set Up Your MetaMask Wallet

Once MetaMask is installed, open the extension and follow the instructions to create a new wallet or restore an existing one using a recovery phrase. Ensure that you securely store your seed phrase; it’s the key to accessing your wallet.

Adding Binance Smart Chain Network

By default, MetaMask connects to the Ethereum network. To use Binance Smart Chain (BSC), you'll need to manually add it as a custom network in MetaMask:

1. Open MetaMask and click on the network dropdown (it usually says "Ethereum Mainnet" by default).
2. Select "Add Network" at the bottom of the network dropdown.
3. Enter the following BSC details:
   • Network Name: Binance Smart Chain
   • New RPC URL: https://bsc-dataseed.binance.org/
   • Chain ID: 56
   • Currency Symbol: BNB
   • Block Explorer URL: https://bscscan.com
4. Click "Save" to add Binance Smart Chain to MetaMask.

You can find more detailed instructions on the Binance Academy site:

Step 3: Fund Your MetaMask Wallet with BNB

To buy Dogewhale, you’ll need BNB in your MetaMask wallet, as it’s used for transaction fees and as the primary trading pair on PancakeSwap. You can purchase BNB from an exchange (e.g., Binance) and then transfer it to your MetaMask wallet.

Make sure to copy your MetaMask wallet address (found by clicking on your account name in MetaMask) and use it as the withdrawal address when sending BNB from the exchange.

Step 4: Visit PancakeSwap

PancakeSwap is a decentralized exchange on Binance Smart Chain that allows you to swap one token for another. To access the exchange, go to PancakeSwap's website and connect your MetaMask wallet:

1. Click "Connect Wallet" in the top-right corner of the PancakeSwap site.
2. Select "MetaMask" from the list of wallets.
3. Follow the prompts to connect your MetaMask wallet to PancakeSwap.

Step 5: Adjust Slippage Tolerance

Before swapping BNB for Dogewhale, it's important to adjust the slippage tolerance. Slippage is the difference between the expected price of a trade and the actual price at which the trade is executed. High volatility in the token price can cause transaction failures if the slippage is set too low.

1. Click on the gear icon ⚙️ near the top-right corner of the PancakeSwap interface to open the settings.
2. In the "Slippage tolerance" section, enter a value. A slippage tolerance of 5-10% is often recommended for tokens with high volatility, like Dogewhale.
3. If you experience failed transactions, try increasing the slippage tolerance slightly.

Step 6: Swap BNB for Dogewhale

Once your wallet is connected and slippage tolerance is adjusted, you're ready to swap BNB for Dogewhale:

1. On the PancakeSwap page, make sure "BNB" is selected as the input currency (if not, select it manually).
2. In the output currency field, enter the Dogewhale contract address: 0x43adc41cf63666ebb1938b11256f0ea3f16e6932. This should automatically populate the output currency as Dogewhale.
3. Enter the amount of BNB you want to swap for Dogewhale. The system will show you the estimated amount of Dogewhale you'll receive.
4. Click "Swap" and then "Confirm Swap" to proceed with the transaction.
5. MetaMask will prompt you to confirm the transaction. Review the details, including gas fees, and confirm.

Step 7: Confirm Transaction and View Your Dogewhale

After confirming the transaction in MetaMask, you’ll need to wait for it to be processed on the blockchain. Once complete, you’ll see the Dogewhale tokens in your MetaMask wallet.

Adding Dogewhale Token to MetaMask

If you don't see Dogewhale in your MetaMask wallet, you may need to add it as a custom token:

1. Go to the MetaMask extension and click on "Assets".
2. Scroll down and click "Import tokens".
3. Enter the Dogewhale contract address: 0x43adc41cf63666ebb1938b11256f0ea3f16e6932.
4. MetaMask should auto-fill the rest of the token details. Click "Add Custom Token".
5. Click "Import Tokens" to add Dogewhale to your wallet.

Congratulations! You Now Own Dogewhale!

You have successfully purchased Dogewhale using PancakeSwap and MetaMask. Keep your wallet secure and enjoy your Dogewhale!

Charts

Price

Technical

Snapshot Off-Chain Governance

DAO Governance

Marketing

Kan Ban

Risk Board

Trading Bot

The Dogewhale Main Smart Contract

mReserveContract

Dogewhale Socials

Social Media

Messaging and Community

Blockchain and Crypto-specific

Content Platforms

Blockchain Governance

Specialized Platforms

Dogewhale API

General Data

Dogewhale API

Historical Data

Dogewhale API

Dogewhale Endpoints

FAQ

Dogewhale FAQ

Find answers to some of the most frequently asked questions about Dogewhale. If you have more questions, feel free to reach out to our community or visit our official channels for the latest updates.

What is Dogewhale?

Dogewhale is a decentralized cryptocurrency built on the Binance Smart Chain (BSC). It aims to create a robust community around the token with features like self-filling doge, shib, floki reserves, rewards for holders, automated liquidity generation. The project leverages the power of memes and community with a solid tokenomic structure to create a fun and rewarding experience for its users.

How can I buy Dogewhale?

You can buy Dogewhale on PancakeSwap, a popular decentralized exchange on Binance Smart Chain. To purchase Dogewhale, you'll need a BSC-compatible wallet like MetaMask, some BNB to trade, and the Dogewhale token contract address: 0x43adc41cf63666ebb1938b11256f0ea3f16e6932. For detailed instructions, refer to our Buying Dogewhale on PancakeSwap Guide.

What is the slippage tolerance, and why is it important?

Slippage tolerance is the maximum price change you're willing to accept for a trade. It’s essential because cryptocurrency prices can be volatile, and high slippage can cause transaction failures. When buying Dogewhale, it's recommended to set the slippage tolerance between x% to ensure successful transactions.

How can I track my Dogewhale holdings?

You can track your Dogewhale holdings directly in your wallet, such as MetaMask, by adding Dogewhale as a custom token using its contract address. Additionally, you can use blockchain explorers like BscScan to view your transaction history and wallet balance.

Is Dogewhale safe?

As with any crypto, it is important to do your research and understand the risks involved. Dogewhale is a community-driven project with transparent tokenomics and a focus reserve backing. However, cryptocurrency is inherently risky due to market volatility and other factors. Always act responsibly and buy only what you can afford to lose.

Where can I find more information and updates about Dogewhale?

For the latest news, updates, and community discussions, follow Dogewhale on our official social media channels:

• X (Twitter)
• Telegram

Disclaimer

Important Notice Regarding Dogewhale Token

The Dogewhale token ("DOGEWHALE") is a digital asset that is part of the Dogewhale protocol. By interacting with or using Dogewhale tokens, you acknowledge and agree to the following terms:

Not an Investment

Dogewhale tokens are not intended to be used as an investment vehicle. The purchase, holding, or trading of Dogewhale tokens should not be interpreted as an investment in any company, project, or business, and Dogewhale tokens are not designed to offer any guaranteed returns or profits. Any perceived value or increase in the price of Dogewhale tokens is speculative and based on market conditions over which the Dogewhale protocol has no control.

No Guarantee of Value

The value of Dogewhale tokens may fluctuate widely and can decrease significantly, including to zero. There is no guarantee of any particular price or value, and users should be prepared for the possibility of complete loss of value.

Regulatory Compliance

Dogewhale tokens may be subject to various laws and regulations regarding digital assets, securities, or commodities. Users are responsible for understanding and complying with any local laws or regulations that may apply to them, including securities regulations. The classification of Dogewhale tokens under regulatory frameworks may change, and users are advised to conduct their own legal and tax analysis.

No Liability

The Dogewhale team, developers, affiliates, and contributors are not liable for any losses, damages, or claims arising from the use, misuse, purchase, sale, or holding of Dogewhale tokens. This includes but is not limited to losses due to market volatility, changes in regulatory status, security breaches, or technological failures.

Market Volatility and Risks

Dogewhale tokens may be subject to significant market volatility. The decentralized nature of the Dogewhale protocol and associated smart contracts may introduce risks, including but not limited to bugs, vulnerabilities, or exploits that could lead to loss of funds. Users should exercise caution and perform thorough research before interacting with Dogewhale tokens or any associated smart contracts.

No Professional Advice

Nothing contained in the Dogewhale documentation, website, or communication channels constitutes financial, legal, or investment advice. Users should consult with professional advisors before making any financial decisions related to Dogewhale tokens.

Forward-Looking Statements

Any forward-looking statements regarding the future development, use, or performance of Dogewhale tokens are based on assumptions that are subject to risks and uncertainties. Actual results may differ materially from those stated, and there is no obligation to update or revise any forward-looking statements.

By using or holding Dogewhale tokens, you acknowledge that you have read, understood, and agree to this disclaimer and accept all associated risks. If you do not agree to these terms, you should not use, purchase, or hold Dogewhale tokens.