πŸ”—D Chain & DToken connection

Blockchain Foundation

DCHAIN blockchain is built on the SAGA main coin ETH with a fixed transaction fee of 0.000000888 ETH ($0.003). In the network, 888,888,888 ETH are minted to two wallets owned by the DCHAIN Foundation. These funds are used for bridges and launches. After 888 days from creation, they are destroyed by transferring them to the 0x0 address (by then, the economic balance should be stabilized).

Token creating

All ETH fees are transferred to a special wallet accessible to the DCOIN contract. The contract has a public function that creates DCOIN depending on the blocks passed.

Token Allocation:

DCOIN tokens are created every network block with 40% of the max supply of 888,888,888. At this point, payment in ETH is received for the transaction on the smart contract. The number of tokens created depends on the swap rate but is limited to 1% of the Total Supply minus the circulation supply.

Genesis wallets can create community tokens (up to 20% of the max supply of 888,888,888) and 20% of tokens for investments. Team tokens can only be minted proportionally to the created DTOKEN, as well as accelerator tokens.

DTOKEN Dynamics:

Every 88 days, the number of created DTOKEN decreases by 8% until all tokens are minted. Any client can buy DTOKEN from the pool and stake it on the contract (this requires swapping from the pool). Depending on the amount of DCOIN staked, stakers receive mined DTOKENs to their wallets proportional to the total deposited in the pool. For example, if there are 80,000 tokens in the pool and 80,000 are bought, the contract mints DTOKENs into the pool according to the deposit rate plus the same amount as a reward to the stakers.

The contract also serves as an ETH-DCOIN swap pool where the ETH balance on the contract is equivalent to the DCOIN balance on the contract, and anyone can make swaps.

The initial DCOIN-ETH balance comes from 20% of tokens for investments.

Testnet:

RPC Endpoint

https://dchaintestnet-2713017997578000-1.jsonrpc.testnet.sagarpc.io

Websocket Endpoint

https://dchaintestnet-2713017997578000-1.ws.testnet.sagarpc.io

Block Explorer

https://dchaintestnet-2713017997578000-1.testnet.sagaexplorer.io

Mainnet:

Coming soon

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