FDoge Finance Shares (SDOGE) closely represent the value of the FDoge Finance Protocol and reliance of users in its systemic ability to uphold FDOGE to peg.
- FDoge Shares (SDOGE): SDOGE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the FDoge finance ecosystem. SDOGE stakers also receive FDOGE after each epoch expansion.
- In time of epoch expansions (when TWAP - time-weighted average price of FDOGE is above the 1 $FTM peg), the protocol mints FDOGE and distributes it equivalently to all SDOGE holders who have staked their tokens in the boardroom.
SDOGE has a maximum total supply of 70000 tokens distributed as follows:
- 1.DAO Allocation: 5500 SDOGE vested linearly 12 months
- 2.Team Allocation: 5000 SDOGE vested linearly over 12 months
- 3.Remaining 59500 SDOGE are allocated for incentivizing Liquidity Providers in two shares pools for 12 months