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About DONASWAP
Key Points
- DonaSwap is a decentralized exchange (DEX) aiming to become the world’s foremost platform for decentralized charitable contributions.
- The DONASWAP (DONA) token has a total supply of 100,000,000,000, with 39,975,710,903 tokens currently in circulation.
- The token implements a burning mechanism, with an initial burn of 45,000,000,000 DONA tokens valued at nearly US$1,000,000.
- 45% of the maximum token supply was allocated to the liquidity pool, yielding an ROI of almost 2,464%.
- The remaining 10% was
About DONASWAP: Empowering the Future of Decentralized Finance
Introducing DonaSwap: A Revolutionary Decentralized Exchange
The DonaSwap DEX, the flagship decentralized exchange of the Firechain Networks, embodies the pioneering spirit of “donation swap,” striving to revolutionize the concept of philanthropy through the creation of a “Decentralized Donation Ecosystem” (DEDECO), with the ambitious goal of emerging as the world’s premier platform for decentralized charitable giving.
By serving as a catalyst for charitable funding, DonaSwap strives to make a profound impact in the realm of philanthropy, guaranteeing the efficient and transparent allocation of resources towards noble causes.
The DONASWAP (DONA) token is engineered to yield frictionless returns through a 10% transactional levy. This fee is subsequently allocated, with 5% being automatically disbursed to token holders, while the remaining 5% is seamlessly channeled into the liquidity pool, fostering a self-sustaining ecosystem.
What Is the Circulating Supply of DONASWAP (DONA) Tokens?
As of February 2024, a total of 100 billion DONA tokens have been initially minted, with a circulating supply of 39,975,710,903 tokens.
DONA incorporates a token burning mechanism, which is triggered with each transaction, thereby gradually diminishing the total token supply. Notably, at its inception, a substantial initial burn of 45,000,000,000 DONA tokens was executed, equivalent to a value of nearly US$1,000,000 at the time of writing.
At the time of the fair launch, DonaSwap allocated a substantial 45% of the maximum DONA token supply to the liquidity pool (LP), a strategic move that has since yielded a remarkable return on investment (ROI) of approximately 2,464%, driven by DONA’s current market value.
A further 10% of the total token supply was allocated between the marketing and development wallets, respectively.
Delve deeper into the intricacies of Return on Investment (ROI) by exploring this informative resource:
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The Visionaries Behind DONASWAP: Meet the Founders
DONASWAP was inaugurated on November 11, 2021, by a Netherlands-based team, who dedicated this endeavour to the cherished memory of Recheanio Giovanni Gino, a founder’s son, and Rinia Mercelina Ina, a grandmother.
The enigmatic founder, known only by the pseudonym “Kryptonacci,” has chosen to maintain their anonymity.
The enigmatic founder of DONASWAP Tokens, known only by the pseudonym “Kryptonacci,” remains shrouded in mystery, much like the elusive Satoshi Nakamoto, the mastermind behind Bitcoin, and Ryoshi, the creator of Shiba Inu.
In his seminal Fire Paper, Kryptonacci introspectively portrays himself as “an ordinary individual imbued with a strong sense of honor, who has borne witness to a plethora of hardships.” He poignantly remarks, “if charity were costless, the world would undoubtedly be teeming with philanthropists.”
Much like the iconic Shiba Inu, DONASWAP embodies an audacious experiment in decentralized community building, rising from the humblest of beginnings, with a blank slate and an unwavering commitment to grassroots growth.
Meet Gino “Kryptstein” Giovanni, the visionary founder and CEO of DonaSwap, and proud father of ReshyDon Gino Giovanni.
Since 2021, Gino “Kryptstein” Giovanni has been at the forefront of blockchain innovation and cryptocurrency development. In the same year, he co-founded DONASWAP alongside Kryptonacci, assuming the role of CEO, a position he has held ever since.
Unveiling the Distinctive Essence of DonaSwap
DonaSwap distinguishes itself as a trailblazing platform, boasting a comprehensive array of features that elevate it above the rest in the decentralized exchange (DEX) landscape. Unlike its counterparts, DonaSwap presents developers with a unified user interface (UI) where they can seamlessly access a wealth of essential information, encompassing faucets, documentation, and bridges. This innovative feature simplifies testing across disparate networks, rendering it an exemplary choice for developers.
Furthermore, DonaSwap takes pride in its seamless integration with yedi.net and bubblemaps.io on mainnets, distinguishing itself as the world’s only DEX to offer such capabilities. Notably, bubblemaps.io provides users with a transparent and immersive experience, revolutionizing the way they interact with blockchain data. By replacing traditional block explorers, it empowers users to effortlessly analyze intricate patterns and connections.
What sets Bubblemaps apart, however, is its distinctive approach. This innovative on-chain analytical tool is specifically designed for tokens and NFTs, boasting an engaging visual interface that streamlines access to on-chain data and lowers the barriers to entry for users. In a unique twist, wallets are represented as bubbles in a two-dimensional space, thereby enhancing the accessibility and usability of blockchain data.
Furthermore, DonaSwap integrates Yedi.net, furnishing users with real-time crypto reflections, rewards, and a live token tracker. Yedi.net provides instantaneous insights into crypto assets, thereby enabling users to make informed, data-driven decisions.
Since its inception in 2021, DONA has transcended its humble token origins,
expanding its services across a diverse range of spheres. With a mission to
establish the world’s first and largest decentralized donation ecosystem,
DonaSwap continues to garner significant investor interest, propelling itself
to the forefront of the decentralized finance (DeFi) landscape. The
remarkable price surge of the DONA token in early 2022 has further
consolidated its position among retail investors, solidifying its stature as
a prominent player in the DeFi space.
Where to Acquire DONA Tokens?
It is possible to acquire DONA on prominent platforms, including DonaSwap (V2), Coinsbit, and PancakeSwap (V2).
To obtain real-time DONASWAP prices in your preferred fiat currency, you can utilize CoinMarketCap’s converter tool, conveniently accessible directly on the DONASWAP currency page. Alternatively, you may opt for the dedicated exchange rate converter page.
For a comprehensive guide on purchasing cryptocurrencies with fiat currencies, please visit CoinMarketCap’s esteemed educational resource, Alexandria, for further information.
The Ecosystem: A Harmonious Convergence of Innovation and Interoperability
DonaSwap: As the premier multi-chain decentralized exchange (DEX) for Firechain Networks, DonaSwap has its roots in the DONASWAP (DONA) Token.
DONASWAP (DONA): A pioneering DeFi token that incorporates a 10% transactional tax, strategically allocating 5% to its esteemed holders and 5% to the liquidity pool, thereby fostering a robust ecosystem.
Fire Station: A forthcoming blockchain ecosystem and digital asset exchange, poised to revolutionize the landscape with its cutting-edge features. (Coming Soon)
Firechain: DonaSwap’s proprietary blockchain, leveraging FIRE as its native gas token. Firechain is engineered to prioritize blistering transaction speeds, unparalleled scalability, and remarkably low gas fees, thereby delivering a multitude of benefits.
FireScan: A specialized utility designed to meticulously inspect and analyze Firechain blockchains, effectively functioning as a comprehensive blockchain explorer for Firechain Networks.
Punk Knights: A distinctive assemblage of 1,125 NFKs (Non-Fungible Knights), boasting concealed secrets and pioneering designs. This trailblazing collection represents a landmark achievement, being the inaugural NFT collection in the annals of crypto history, underscoring the team’s ingenuity and unwavering dedication.
Introducing Fire Flame: The rewards accrued through staking and farming on the DONASWAP DEX. Notably, the maximum supply of FLAME tokens is capped at a fixed 250,000,000. For a more in-depth exploration, please visit our documentation.
FireMask: Revolutionizing the way you interact with digital assets, FireMask presents a cutting-edge, non-custodial crypto wallet that empowers users to buy, store, send, and swap tokens with unparalleled ease. This sleek and functional solution ensures the secure management of crypto assets, while seamlessly facilitating token exchange capabilities within a user-friendly interface.
FireSea: The premier multichain NFT marketplace, where you can buy, sell, and discover a vast array of digital treasures, set to launch on the Firechain as its primary network.
Associated Resources:
Stay up-to-date with real-time DONA price movements by downloading the CoinMarketCap mobile app!
Seeking to convert the current DONA price to your preferred fiat currency? Utilize CoinMarketCap’s exchange rate calculator for effortless conversions.