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DUKE
Duke Inu
$0.0₆1230
0.00%
Open
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About Duke Inu
Duke Inu (DUKE) is a decentralised meme token designed to incentivise crypto adoption by rewarding users through staking, IDO participation, and yield optimisation. Its tokenomics include transaction-based rewards and a burning mechanism to reduce supply. The project is part of the FastSwap ecosystem.
Duke Inu (DUKE) is a decentralised meme token designed to incentivise and drive cryptocurrency adoption. The project positions itself as a community-driven initiative with an emphasis on utility and product integration. DUKE aims to reward users who interact with its ecosystem of products, such as staking and yield optimisation vaults.
Duke Inu is intended for the following use cases:
- Staking and Participation in IDOs: Through its product "LaunchSpot," DUKE enables users to earn tokens by staking and participating in IDOs, even if they do not receive allocation.
- Vault Integration: DUKE tokens are earned by users who utilise its vault products to optimise yields across protocols such as Aave and Compound.
- Transaction Rewards: A portion of transaction fees (1%) is distributed among DUKE token holders, providing an incentive to hold the token.
- Burn Mechanism: Another portion of transaction fees (1%) is sent to a burn address to reduce the token supply and support price stability.