When the keyword Arbitrum did not reduce its popularity after its recent airdrop, the cryptocurrency community took notice of an Arbitrum AI Memecoin on the Arbitrum network. ArbDoge AI attracted attention by airdropping AIDOGE tokens to those users who received the ARB airdrop.
ArbDoge AI Overview:
What is ArbDoge AI?
ArbDoge AI is a Memecoin built experimentally on the Arbitrum network. All AIDOGE tokens are distributed fairly to users who have previously received ARB airdrops but have not been purchased by any investment fund.
ArbDoge AI Ecosystem:
Staking LP
This is a feature that helps AIDOGE token holders earn profits by providing liquidity on the AIDOGE/ETHLP trading pair on Camelot’s Nitro pool with an APY of over 28 million%. Currently, TVL staking is worth over $1 million on ArbDoge AI.
Lucky Drop
Lucky Drop is an open source airdrop game built on an algorithm to generate rewards for users. For each AIDOGE transaction, a 3% fee will be deducted and converted into ARB, which is added to the prize pool. Prizes will then be distributed via raffle tickets.
Transactions with transaction amounts between $100 and $1,000 will receive 10 Lucky Draw Ticket levels, and transactions below $100 will not receive Lucky Draw Tickets. The higher the lucky draw ticket level, the greater the probability that the user will win a prize, and only one lucky draw ticket can be obtained per transaction. Lucky draws will take place every 30 minutes and new draw tickets will be recalculated from previous transactions.
Earn
Earn is a feature that allows users to stake their AIDOGE tokens on the ArbDoge AI platform and earn profits. This profit is calculated at an interest rate that changes frequently and depends on the user’s token staking period. Among them, 3% of the AIDOGE transaction volume will be allocated as rewards for AIDOGE mortgage users.
NFT
ArbDoge will develop an AI NFT (artificial intelligence non-fungible token) that uses artificial intelligence (AI) to create unique artworks.
AICODE
AICODE is the only rule that governs the operations of Arbitrum City and applies to all aspects of ArbDoge AI, including governance, participation in applications, payment ecosystem projects, etc.
ArbDoge Knife
This is a DAO built for developers and users who can propose and develop new features for the ArbDoge ecosystem. However, this feature is not yet available and Coin68 will update as the latest information is released.
Basic token information:
Token name: ArbDoge AI Token
Token abbreviation: AIDOGE
Blockchain: Arbitrum
Token standard: ERC-20
Contract address: 0x09e18590e8f76b6cf471b3cd75fe1a1a9d2b2c2b
Token purpose: practical
Total supply: 210,000,000,000,000,000 AIDOGE
Circulating supply: 199,500,000,000,000,000 AIDOGE
Token distribution
In the first phase of the “Call to AIDOGE” campaign, 100% of AIDOGE tokens will be distributed to the community for free as follows:
95% of AIDOGE will be distributed directly to users who qualify for ARB air investment.
The remaining 5% AIDOGE will be rewarded to users who invite others to receive AIDOGE airdrops. However, only users who have previously qualified for the ARB airdrop will receive AIDOGE.
Unclaimed tokens will be used for future purposes such as: long-term protocol development, long-term community supporter rewards and token destruction.
Additionally, 15% of each transaction will be burned as tax and distributed as follows:
Development fund: 3%
AIDOGE staking reward: 3%
Lucky Drop Reward: 3%
Purchase ARB: 3%
LP AIDOGE/ETH Liquidity Bonus: 2%
Token destruction: 1%
What are the uses of AIDOGE tokens?
Uses of AIDOGE tokens include:
As a reward for Earn, Staking, Lucky Drop and other functions on the platform.
As a means of payment for transaction fees on the platform.
AIDOGE holders can participate in platform governance through DAO in the future.
Where can investors trade AIDOGE tokens?
Currently, investors can trade AIDOGE tokens on the following exchanges:
Centralized exchanges: MEXC, BingX, Gate.io, Bitget, CoinEx, etc.
Decentralized exchanges: Uniswap (V3) (Arbitrum), Camelot, Arbswap (Arbitrum One), SushiSwap (Arbitrum), etc.
Commonly used trading pairs include AIDOGE/USDT, AIDOGE/USDC, AIDOGE/WETH, etc.
Storage wallet for AIDOGE tokens
AIDOGE is an ERC-20 compliant token, so investors can store it in wallets such as Metamask, Trust Wallet, Coin98 Wallet, etc. To facilitate trading, investors can also store AIDOGE in exchange wallets that support this token.
Should you invest in ArbDoge AI?
ArbDoge AI is a memecoin similar to Dogecoin, Shiba Inu, etc., and is a highly volatile token. If you are planning to invest, you should invest "lottery style" with only a small amount of capital and see if you get lucky. Never invest too much money or funds that you cannot afford to avoid unnecessary losses.
generalize
ArbDoge AI is a meme coin on the Arbitrum network, and the number of AIDOGE tokens is fairly distributed among users who have previously airdropped ARB. However, if you are planning to invest in AIDOGE, you need to do your research carefully to avoid unnecessary losses.
Through this article, you must have acquired basic information about ArbDoge AI to make your own investment decision.
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