🪙 Tokenomics & Presale

The $DB token is the native cryptocurrency of Degen Base Markets, the decentralized finance (DeFi) platform. It serves as a utility and staking token within the ecosystem and plays a crucial role in various aspects of the platform's functionality and governance. Degen Base special token $DB, is a governance token and it will be used to collect a portion of protocol trading fees from 1000X Leverage trading and Options trading. $DB has a total supply of 1,000,000 $DB .

Tokenomics Explain Airdrop : Token distribution of 80,000 $DB tokens to users from Pyth Network stakers $DB Pool Staking : initially supply of $DB tokens to be supplied as liquidity for $DB token collateral

Bridge : This will be the available liquidity for cross-chain transfer among L2 chains (Arbitrum, Optimism, Polygon, ZK Sync)

Emission : This is the supply for $DB token that would be emitted periodically at a rate 0.01 $DB token per hour

Below is a representation of allocation of $DB tokens.

Distribution	% of Token Supply	Amount
Pyth Stakers $DB Airdrops	8%	80,000
$DB Staking	15%	150,000
$DB Presale	10%	100,000
Token Launch	7%	70,000
Bridge ( L2 Chains )	10%	100,000
$DB Emission	52%	520,000

Degen Base Presale

Get ready for a groundbreaking opportunity! Degen Base is thrilled to unveil its exclusive presale of $DB tokens, offering early supporters a chance to be at the forefront of our decentralized journey.

Seeking a goal of $500,000 hard cap and $250,000 as the soft cap USD via presale we aim to support the platform via liquidity, newer features , marketing and contest as we are super bullish about being the top trading platform on L2s chains. At a price of $5 USD per $DB token we will be releasing 100,000 tokens to Whitelisted/Private address in registered on our system. The Token Generation event will take place on Sushi Swap at price of $7 USD per DB tokens with a supply of 50,000 $DB tokens

$DB Token Vesting

Degen Base will have No vesting! ,just direct launch

Here's what you need to know:

Type	Supply of $DB	$DB price
Soft cap	50,000	$5
Hard cap	100,000	$5
TGE/IFO2	2850	$7
Total Supply	150,000	$7

💡 Presale Details:

• Token Offering: 100,000 $DB tokens available.

• Maximum token purchase wallet 2000 $DB tokens ($10,000 USD)

• Minimum token purchase per wallet 20 $DB token ($100 USD)

Presale Usecase

Detail	Amount	Use
WETH Pool	$50,000	Liquidity
DAI Pool	$50,000	Liquidity
Marketing	$20,000	Twitter, Telegram, YouTube
IFO	$20,000	Token Launch
Developers	$10,000	Hiring, Bug Bounties
Staffs (Community Admins, Collab Mangers)	$5,000	Hiring
Trading Contest	$10,000	Bi Weekly trading contest

🌟 Why Participate?

• Early Adoption Benefits: Be part of the core community shaping the future of Degen Base.

• Passive Income : $DB tokens allows users to earn passively in form of $WETH, $DAI and $DB itself, with high APRs

• Token Appreciation: Position yourself for a super bullish token value appreciation.

• Governance Rights: Holders of $DB tokens wield voting power in Degen Base DAO decisions.

• Community-Led Initiatives: Shape the future of Degen Base through active participation in decentralized governance.

📅 Presale Date: February 28th 2024