DogeBonk is a cryptocurrency that operates on the Binance Smart Chain (BSC) and incorporates features like deflationary properties and automatic yield generation. When any transaction takes place, a 5% tax is imposed, and this tax is then distributed to DogeBonk holders as a reward for holding their tokens. Additionally, another 5% tax is automatically added to a locked liquidity pool.
DOBO had a fair launch, meaning there was no presale. To prevent automated computer programs (bots) from quickly buying up the tokens, there is a restriction where each transaction can only involve 0.5% of the total token supply, which is set at 5,000,000,000,000 tokens.
Furthermore, the LP (liquidity pool) tokens are permanently locked, ensuring the security and integrity of the liquidity pool. Moreover, the ownership of the contract has been renounced, indicating that the token is community-driven and not controlled by any specific entity.
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