Launch of First Dividend Pool, Welcome to Degoland!

Since launched on 14th September 2020, DEGO token has adopted a deflation model where a tax is charged on every transfer. This very tax rate has been reduced from 5% to 0.2% now (0.1% is burned and 0.1% is transferred to the Dividend Pool). Up to now, a total of 1,082,214.70 DEGO tokens are accumulated, which is currently worth over 20 million USD. All of these tokens will be distributed to the community through various dividend pool activities in the future.

The first Dividend Pool Mining Campaign will be launched soon and 50,000 DEGO will be made available for mining.

Introduction of the Dividend Pool:

The first Dividend Pool Mining Campaign only supports staking of NFT with BEP20 standard DEGO and DEGO/BNB LPs on Pancake Swap. Users will be able to exchange ERC20 DEGO tokens for BEP20 DEGO tokens vis Binance.com or Binance Bridge.

A total of 12,500 DEGO tokens will be made available in this pool, only NFTs minted and injected with DEGO tokens are permitted to be staked for mining here.

  • A total of 37,500 DEGO tokens will be made available in this pool, only NFTs minted and injected with DEGO/BNB LP tokens are permitted to be staked for mining here.
  • NFTs minted and injected with DEGO tokens or DEGO/BNB LP tokens can only be decomposed into DEGO tokens or DEGO/BNB LP tokens after 30 days.

Rules:

  • Minting begins on 10:00 UTC+0, 31st March 2021
  • Dividend Pool Mining begins on 12:00 UTC+0, 31st March 2021
  • Dividend Distribution Period: 60 Days
  • You can share the invitation code and receive up to 10% rebate

How to mint NFT

  1. Visit http://bsc.dego.finance/home, click DEGO Foundry

2. Click Casting NFT

3. Select DEGO Drill or DEGO Miner and then approve DEGO or LP tokens

4. Enter the par value of DEGO or LP tokens for casting the NFT and then click Casting NFT

5. Completed!

How to participate in Dividend Pool Mining

  • Dividend Pool Mining begins on 12:00 UTC+0, 31st March 2021
  1. Visit http://bsc.dego.finance/home, click GEGO

2. Click Mining-> Reward

3. Click approve to approve your NFT

4. Click staking and start mining

5. Click Harvest / Withdraw all to claim your reward

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