Base Dawgz ($DAWGZ) has officially launched the staking feature, and token holders can now start earning returns.
Base, the popular new meme coin on Ethereum Layer 2, has a total of 1.69 billion $DAWGZ tokens available for staking rewards, which is equivalent to 20% of its total token supply of 8.4 billion.
A bullish development for $DAWGZ is that investors can expect 192,000 $DAWGZ tokens to be distributed every hour for a year.
This schedule allows them to continually compound their holdings, maximizing their potential gains.
The presale price rose from $0.00479 to $0.00581 per $DAWGZ, but this did not stop Base Dawgz from easily breaking through the target of each consecutive price stage.
And with another price surge set to occur in less than six days, investors should seize the opportunity now to participate in the presale and stake their $DAWGZ to earn a high APY.
Base Dawgz: ICO raises $2.3 million
The launch of Base Dawgz’s staking feature comes on the heels of its exciting presale, which has raised a total of over $2.3 million and counting.
Investors are betting that Base Dawgz will become the next top meme coin on Base, potentially surpassing Brett ($BRETT), which has fallen 8.2% in the past week while Base Dawgz’s pre-sale funds have continued to climb.
Pepe ($PEPE) running on the Ethereum blockchain might be Brett’s best friend, but let’s face it — Brett needs a new billion-dollar meme coin partner on Base. Base Dawgz, an extreme sports-themed, skydiving multi-chain Shiba Inu mascot, might be the perfect companion.
Such milestones are already within reach, especially as Base is rapidly replacing Solana as the primary new token launch platform. In fact, Base’s total locked value (TVL) has surged to $1.53 billion, approaching Solana’s $4.6 billion.
But before climbing to the top of the list of Base Chain’s new meme coins, Base Dawgz aims to reach $2.5 million in presale funds by the end of this week — a goal that is entirely achievable.
Congrats $DAWGZ, we raised $2.3M! Keep working on reaching $2.5M! pic.twitter.com/uoAr2OMTGo
— Base Dawgz (@BaseDawgz)
July 2, 2024
Now, with the introduction of a staking mechanism, early investors are getting even more value from their token holdings.
This development is clearly bullish for $DAWGZ as it provides a stronger incentive for holding tokens to earn passive income, which increases investor confidence in the future of the token.
Furthermore, as more tokens are locked up, it sets a positive trajectory for long-term price appreciation of $DAWGZ.
What will happen after staking $DAWGZ?
For those who have already purchased and staked the tokens, distribution will begin within 24 hours of staking going live.
This ensures that all investors have a fair chance to lock up their tokens and receive rewards like everyone else. Retroactive rewards for presale buyers will come soon.
In addition to staking, investors can also earn additional $DAWGZ tokens through the social rewards program.
The program allows community members to earn points by sharing memes and posts about Base Dawgz on their social media accounts. Once the presale ends, these points can be exchanged for $DAWGZ token.
This dual approach highlights the huge potential of Base Dawgz. Not only is it a token on the rapidly expanding Base chain, but it also provides generous rewards through staking and community participation.
This win-win combination is why YouTuber ClayBro believes it could shape the next wave of new meme millionaires.
1.69 billion $DAWGZ tokens available in presale - secure your share now
20% (1.69 billion $DAWGZ) of the total token supply is reserved for the presale, and the team will allocate 20% (1.69 billion $DAWGZ) to early contributors to purchase in the presale.
To participate, visit Base Dawgz's website and connect your wallet.
As mentioned above, Base Dawgz runs on multiple chains, allowing buyers to choose their preferred network from Base, Ethereum, Solana, Avalanche, or BSC.
Once you’ve selected your network, you can purchase tokens using Base (ETH, USDC), ETH (ETH/USDT), SOL, BSC (BNB/USDT), or AVAX.
To reassure investors about Base Dawgz’s smart contract, it has been fully audited by Solid Proof, confirming that there are no issues in its code.
Stay connected to the latest news and developments by joining the community at Base Dawgz on X and Telegram.
Get your $DAWGZ tokens now, stake for maximum yield before it becomes the next top meme coin, and join Brett on Base as his new best friend!
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