Dogewhale Surges: Checkpoint 6 Conquered!

DeFi LABS
dogewhale
Published in
2 min readMar 1, 2024

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“The best way to predict the future is to create it.” — Abraham Lincoln

Dogewhale, a token birthed in the frenzy of the Binance Smart Chain (BSC) during the turbulent DeFi period of late 2021, initially flew under the radar. In a landscape saturated with an influx of tokens, primarily clones that have since dwindled into obscurity, its lack of immediate attention comes as no surprise. As investors witnessed a deluge of easily replicated tokens, skepticism grew, leading to waning faith in the sustainability of such projects.

People seemed to lose insight of what was so great about DeFi. Custom contracts with new ways to explore yield producing systems that operated in a decentralized and transparent way. We had a few great protocols coming out doing that just that and it’s no surprise those are doing fairly well today.

Dogewhale emerged from the belief that a currency could embody stability and a semi-deterministic appreciation model. Though our approach is straightforward, our concept remains distinctive. We maintain reserves of dogecoin, shib, and floki, which grow continuously while the total supply dwindles. Through 19 checkpoints, we celebrate the increasing valuation of our reserves. At each milestone, 10% of reserves are distributed among holders based on their Dogewhale holdings. The final checkpoint, #CP19, is projected to reach a valuation of $3.2 billion, triggering the release of 100% of reserves. Oh I can hear you over there… Wild? Unattainable? Not for us… while people are still distracted with meme tokens that are still clones from early DeFi tokens, some of which, inspired by our early experiments, we pave our own way towards each checkpoint, one step at a time, together with our intimate community.

We have just crossed checkpoint 6, which means the value of our reserves surpassed $400,000.00. Next up is checkpoint 7 at $800,000.00 and nothing is stopping us. We are coming for CP19 all the way. We are creeping in… we are making it inevitable, because the best way to predict it, is to create it, and that is exactly what we can’t stop doing, one checkpoint at a time.

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