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DONASWAP news
About DONASWAP
What is DonaSwap?
The DonaSwap DEX serves as the primary decentralized exchange for the Firechain Networks. DonaSwap, derived from "donation swap," aspires to pioneer the concept of the "Decentralized Donation Ecosystem" (DEDECO), aiming to become the world's foremost platform for decentralized charitable contributions.
By operating as the funding catalyst for charitable organizations, DonaSwap seeks to make a significant impact in the realm of philanthropy, ensuring effective and transparent allocation of resources for noble causes.
The DONASWAP (DONA) token is designed to generate frictionless yield through a 10% fee applied to each transaction. Of this fee, 5% is automatically distributed to holders, while the remaining 5% is seamlessly provided to the liquidity pool.
How Many DONASWAP (DONA) Tokens Are There in Circulation?
As of February 2024, there are a total of 100,000,000,000 DONA tokens initially minted, with 39,975,710,903 tokens currently in circulation.
DONA implements a burning mechanism with each transaction, aimed at reducing the total token supply. However, at launch, there was an initial burn of 45,000,000,000 DONA tokens, valued at nearly US$1,000,000 at the time of writing.
At the time of the fair launch, DonaSwap allocated exactly 45% of the maximum DONA token supply to the liquidity pool (LP). Considering DONA's current price, this allocation has yielded an impressive ROI of almost 2,464%.
The remaining 10% of the maximum token supply was distributed between the marketing and development wallets.
For further insights into Return on Investment (ROI), refer to this link.
Who Are the Founders of DONASWAP?
DONASWAP was launched on 11-11-2021 by a team based in the Netherlands, Europe, dedicated in loving memory to one of the founders' sons, Recheanio Giovanni Gino, and grandmother, Rinia Mercelina Ina.
Founder Messiah “Kryptonacci” remains anonymous.
The anonymous founder of DONASWAP Tokens is known as "Kryptonacci." However, very little is known about this mystery figure behind the Fire-themed cryptocurrency, akin to the founder of Bitcoin, Satoshi Nakamoto, and the founder of Shiba Inu, Ryoshi.
In his Fire Paper, Kryptonacci characterizes himself as "an honorable normal guy who witnessed a lot of misery." He expressed that “if charity was free, the world would be filled with philanthropists."
Much like the iconic Shiba Inu, DONASWAP is an experiment in decentralized community building, starting from “zero, with zero.”
Gino “Kryptstein” Giovanni, the father of ReshyDon Gino Giovanni, serves as the founder and CEO of DonaSwap.
Since 2021, Gino “Kryptstein” Giovanni has been actively involved with blockchain technology and cryptocurrencies. In 2021, Kryptonacci & Kryptstein officially launched DONASWAP, with Gino serving as the CEO ever since.
What Makes DonaSwap Unique?
DonaSwap stands out as a pioneering platform, offering a comprehensive suite of features that set it apart in the decentralized exchange (DEX) landscape. Unlike other DEXs, DonaSwap provides developers with a single user interface (UI) where they can access all necessary information, including faucets, documentation, and bridges. This unique feature streamlines testing across different networks, making it an ideal choice for developers.
Moreover, DonaSwap boasts integration with yedi.net and bubblemaps.io on mainnets, making it the sole DEX in the world with such capabilities. Bubblemaps.io offers users a transparent and engaging way to interact with blockchain data, replacing traditional block explorers and enabling users to analyze complex patterns and connections effortlessly.
But what makes Bubblemaps unique? This on-chain analytical tool is tailored for tokens and NFTs, featuring a playful visual interface that simplifies access to on-chain data and reduces entry barriers for users. Wallets are represented as bubbles in a two-dimensional space, enhancing the accessibility and usability of blockchain data.
Additionally, DonaSwap incorporates Yedi.net, providing users with live crypto reflections, rewards, and a live token tracker reflection tracker. Yedi.net offers real-time insights into crypto assets, empowering users to make informed decisions.
Since its inception in 2021, DONA has evolved beyond its token roots, expanding its services across various spheres. With a mission to establish the first and largest decentralized donation ecosystem, DonaSwap continues to attract investor interest and propel itself into the forefront of the decentralized finance (DeFi) landscape. The significant price increase of the DONA token in early 2022 has further solidified its position among retail investors, cementing its status as a prominent player in the DeFi space.
Where Can You Buy (DONA)?
It is possible to buy (DONA) on DonaSwap (V2), Coinsbit and PancakeSwap (V2).
To check DONASWAP price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the DONASWAP currency page. Alternatively, use the dedicated exchange rate converter page.
For more information about how to buy crypto with fiat, check out CoinMarketCap's education portal — Alexandria.
The Ecosystem
DonaSwap: Serving as the primary multi-chain DEX for Firechain Networks, DonaSwap originated from the DONASWAP (DONA) Token.
DONASWAP (DONA): A DeFi token implementing a 10% tax, with 5% allocated to holders and 5% to the liquidity pool.
Fire Station: An upcoming blockchain ecosystem and digital asset exchange currently under development, promising innovative features. (Coming Soon)
Firechain: DonaSwap's proprietary blockchain, utilizing FIRE as gas. Firechain prioritizes rapid transaction speeds, scalability, and low gas fees, among other benefits.
FireScan: A dedicated tool for inspecting and analyzing Firechain blockchains, serving as a blockchain explorer for Firechain Networks.
Punk Knights: A unique collection of 1,125 NFKs (Non-Fungible Knights), featuring hidden secrets and innovative designs. This collection marks a significant milestone as the first NFT collection in crypto history, showcasing the team's creativity and dedication.
Fire Flame: Rewards earned through staking and farming on the DONASWAP DEX. The maximum supply of FLAME tokens is capped at 250,000,000. For additional details, visit documentation
FireMask: Offering a better way to buy, store, send, and swap tokens, FireMask is a non-custodial crypto wallet. It provides users with a stylish and functional solution, ensuring secure management of crypto assets while offering seamless token exchange capabilities within the wallet interface.
FireSea: The hottest multichain NFT marketplace. Buy, sell, & discover the internet of goods. Launching on the Firechain as primary Network.
The live DONASWAP price today is $0.000003 USD with a 24-hour trading volume of $35.24 USD. We update our DONA to USD price in real-time. DONASWAP is down 3.07% in the last 24 hours. The current CoinMarketCap ranking is #2225, with a live market cap of $125,813 USD. It has a circulating supply of 39,975,710,903 DONA coins and the max. supply is not available.
If you would like to know where to buy DONASWAP at the current rate, the top cryptocurrency exchanges for trading in DONASWAP stock are currently Coinsbit, and PancakeSwap v2 (BSC). You can find others listed on our crypto exchanges page.