SNOGE Launch. Who’s ready for the kushiest moonride?
SNOGE is a reflectionary token inspired by HOGE, WOGE, and all the other strains of OGE. With heavy investments in the cannabis industry, our team aims to leverage the decentralized, uncensored nature of Ethereum in order to bridge the expertise of the cannabis industry with retail investors & connoisseurs that want to capitalize on society’s undervaluation of cannabis products & companies. Our reflectionary design was purpose-built to benefit holders, with a 2% reflection on each transaction. However, unlike other reflectionary projects, we wish to keep our token liquid & actively traded. As such, our team is developing MIR-inspired synthetics & FRAX-inspired partial collateralization seigniorage in order to expose stakers, holders, and lenders alike to the real-world cannabis industry with deep tail-end liquidity to stables & mainnets across multiple chains.
SNOGE Contract Address on Ethereum: 0x072c46f392e729c1f0d92a307c2c6dba06b5d078
SNOGE has not (yet) been deployed on any other chains. Be wary of impersonators and scammers, and wait for official announcements.
Tokenomics:
Initial supply: 42,000,069 SNOGE.
Team supply + development wallet: 840,000 SNOGE
Pre-sale: 210,000 SNOGE each to 43 early buyers; 0.25 ETH cap
Initial liquidity: 8 ETH and 7,500,000 SNOGE
Burn: 14,072,109 SNOGE sent to Vitalik, 19,377,960 SNOGE burned (all the other tokens!)
Pre-sale price: $0.0026
Initial price: $0.0034
Socials:
Telegram — https://t.me/snoopdoge42069
Twitter — https://twitter.com/SnoopDoggeDoge
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Project roadmap
April 19th: Project launch on Uniswap.
April 20th: Site launch, marketing, partnership reachout
End of April: Single-staking & LP-staking pools (with to-be-disclosed partnerships). Dynamically generated, hallucinogenic NFT artwork design phase. Development of a multisig NFT donation vault which will be made open source for other charity-themed projects.
End of May: Governance deployment. Donations to the Center of Medical Cannabis Research & cannabis charities. NFT launch & distribution. Meme competition!
End of June: Development of a DEX focused on tokenized cannabis stock & product synthetics collateralized by SNOGE, partner projects, mainnets, and other ERC-20s as decided upon by governance. Alpha testing of DEX for long-term holders.
End of July: Mainnet DEX deployment. Cross-chain deployment & bridges. Development of a partially collateralized stablecoin leveraging cross-chain lending mechanics.
End of August: Expansion of governance via full decentralization into the 420DAO. Site redeployment & contract management via IPFS & decentralized Github alternatives.
Much more to come!
