Day Of Defeat 2.0

Day of Defeat ($DOD) is an experiment token designed to increase its value over time. According to the whitepaper, the $DOD token follows a deflationary mechanism through coin burning, ensuring that the token’s value increases continuously. Coin burning is the process where digital assets are taken out of circulation to maintain the total supply. The significant feature of the $DOD token is that the token does not only have a starting value, but its final value is also determined when the platform mission is accomplished.

The $DOD token is built on the Binance blockchain. Users get incentivized for holding on to their $DOD tokens. A prize fund is created and locked using a smart contract and is not accessible to the Day of Defeat platform developers. The fund is locked into a digital wallet without human interaction. The prize pool is created by burning $DOD and utilizing a stablecoin in circulation to maintain the balance. For every one million $DOD removed from circulation, one stablecoin is added to the prize pool.

According to the whitepaper, many projects do not have a clear view of the project’s direction and suffer from a lack of trust among users. Day of Defeat is a decentralized digital asset with proof and integrity written into the smart contract. The smart contract also directs 19% of every transaction to be distributed to the prize fund. A certain percentage of the deducted transaction fee gets burned.

In the future, DOD aims to introduce activities such as staking and yield farming to the Day of Defeat ecosystem. The platform also has plans to develop a DApp-based mobile game. The coin-burning process seeks to be completed by December 2023. 

The whitepaper of Day of Defeat was released in 2022. The maximum supply of $DOD is 100 trillion. 15% of the total amount is reserved as liquidity of the platform.