DOGS Team Unveils Project Tokenomics

The developers of the DOGS mini-application on Telegram have allocated 81.5% of the total issuance of 550 billion coins for an airdrop to the community.

Of this, 73% will be directed to long-time users of the messenger. The remaining 11.5% are intended for traders, sticker creators, and future project participants.

According to the statement, the distribution does not involve a token lock-up period.

10% of the total DOGS supply will be allocated to the team for further development, with a 12-month vesting period. An additional 8.5% is reserved for providing liquidity on trading platforms and related listing activities.

“In the coming weeks, we will introduce an exciting new aspect of DOGS: meme stickers that can be minted and traded on-chain. Yes, all of this, of course, for DOGS,” the publication states.

In another post, the developers announced that the coin claim will start on August 16. Tokens can be received on Telegram Wallet or at the address of a supported centralized exchange (OKX or Bybit).

From August 20, it will be possible to claim tokens to a non-custodial wallet like TON Wallet. A gas fee will be required for this.

Earlier, the cryptocurrency exchange OKX announced spot trading of DOGS in a pair with USDT.