What is ElonDoge DAO (EDAO) | What is ElonDoge DAO token | What is EDAO token

In this article, we’ll discuss information about the ElonDoge DAO project and EDAO token

What is ElonDoge?

ElonDoge believes that Elon Musk and  dogecoin should be melded into one persona and become our symbolic leader for the Mars colonization. ElonDoge is a representation of the bold, relentless and brilliant quality of Mr. Elon Musk along with the community, selflessness and fun-loving nature of Dogecoin.Hence, the ElonDoge movement, is a long term project that will propagate the idea of Universal Doger Income and a Perpetual NFT Cultural machine that will relentlessly bring over naysayers to our side as these Elon+Doge art and memes spread thru the digital worlds and worm their way into the every digital citizen!

What is $EDOGE?

$EDOGE is the token that will bind everyone together for the societal transformation in accepting ElonDoge as our leader and cultural seeder for the Mars colony.

It will be the currency of the religion of the Mars colony. It will pave the way for the univeral edoger income, infinite liquidity and the perpetual cultural NFT machine.

It has a limited supply and will be launched in a very democratized manner via a wider distribution IDO to be announced soon. The BNB (Binance coin) raised will be all put in the liquidity pool for EDOGE/BNB at PancakeSwap

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Well, what will fund the Perpetual NFT foundry then? you may be wondering. In this new setup, a smart contract will be withdrawing NEW liquidity pair (LP) tokens from Pancakeswap every 7 days. The BNB then gets sold to BUSD, while half of the EDOGE goes to the Farm as supply and half goes to the Marketing wallet.

Here the beneficial effects of these changes:

1. At the start, liquidity from tax can serve it’s purpose for a good stretch of time while not becoming excess liquidity that is unproductive for everyone.
2. The tax system is now much much simpler not just in itself but also from a smart contract perspective which will avoid transaction bugs or complications.
3. The PNF (Perpetual NFT Founder) can now be funded with the withdrawal of 50% of new LP tokens added weekly. And done it a smart way without having to sell off EDOGE to stablecoins that most services accept. This removes a constant sell pressure from EDOGE to BUSD to BNB weekly sell offs.
4. This change also gives the FARM a constant supply of tokens by sending half of the EDOGE tokens from the newly generated LP tokens.
5. The other half of the EDOGE now grants the team some marketing budget to be more aggressive in its mission of earning the public support for the colonization of Mars!
6. Since its now 5% for hodlers. This means believers get more EDOGE faster AND the black hole wallet captures and burns tokens faster too!
7. 5% for liquidity means dumps can be absorbed better.
8. ElonDoge has more txns than other projects of its ilk due to the NFT auctions and Farms so those taxes will add up quite fast for the holders!
9. Marketing budget might mean EDOGE will become a DAO someday. ;)

How and Where to Buy EDAO token ?

EDAO token is now live on the Binance mainnet. The token address for EDAO is 0x730cb2ba0f654ddec32470d265555f26fe545eb8. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough BNB in your wallet to cover the transaction fees.

Join To Get BNB (Binance Coin)! ☞ CLICK HERE

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

☞What is Metamask wallet | How to Create a wallet and Use

Transfer $BNB to your new Metamask wallet from your existing wallet

Next step

Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap EDAO token

Contract: 0x730cb2ba0f654ddec32470d265555f26fe545eb8

Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap

The top exchange for trading in EDAO token is currently Pancakeswap v2

Find more information EDAO

☞ Website ☞ Explorer ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Documentation ☞ Coinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!

☞ **-----https://geekcash.org-----**⭐ ⭐ ⭐

I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!

#blockchain #bitcoin #edao #elondoge dao