One of the biggest competitive advantages DONASWAP has is its drive for development. While the company started only as a token back in 2021, today, DONASWAP is spreading its services among numerous different spheres. According to the company website, its mission is to become the first & biggest decentralized donation ecosystem.
Since launching the DONASWAP token, the project has also benefited from increased investor interest in the token. (DONA) went through a significant price increase at the beginning of 2022, which is putting it on the map of enterprise investors.
How Many DONASWAP (DONA) Tokens Are There in Circulation?
There is an initial maximum supply of 100,000,000,000,000,000 DONA tokens, of which 41,198,735,451,788,400 are currently in circulation as of January 2022.
Where Can You Buy DONASWAP (DONA)?
It is possible to buy DONASWAP on 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.
[DONASWAP](https://www.donaswap.com), which stands for "donation swap," aims to be the first and largest "Decentralized Donation Ecosystem" (DEDECO) in the world. Their quest is to operate effectively as the funding seed for charitable organizations. The DONASWAP Token on the BSC will be used to stake, farm and swap.
The DONASWAP DEX will be available on the "FireChain" and will serve as the Network's main DEX.
The DONASWAP token generates frictionless yield by applying a 10% fee for each transaction. 5% of each transaction is automagically distributed to holders, and another 5% is automagically provided to the DONA/BNB liquidity pool.
DONASWAP was launched on 11-11-2021 by a team based in the Netherlands, Europe and is dedicated in loving memory to one of the founders sons, Recheanio Giovanni Gino and grandmother, Rinia Mercelina Ina.
Since 2021, Gino “Kryptstein” Giovanni has been actively involved with blockchain technology and cryptocurrencies. In 2021, Kryptonacci & Kryptstein officially launched DONASWAP, and he has been the CEO of the company ever since.
Founder Messiah “Kryptonacci” is anonymous.
The anonymous founder of the DONASWAP Tokens is known as "Kryptonacci." However, very little is known of the mystery founder of the Fire-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto and the founder of Shiba Inu, Ryoshi.
In his Fire Paper, he characterizes himself as "an honorable normal guy who witnessed a lot of misery." Kryptonacci said that “if charity was free, the world would be filled with philanthropists."
Just like the great Shiba Inu, DONASWAP is an experiment in decentralized community building and started from “zero, with zero.”
[Punk knights](https://www.punkknights.com) is a collection of 1,125 unique NFKs. The knights and hidden secrets are the first NFT collection in crypto history. The team put in a lot of effort to come up with an original concept that was also realistic.
Holders will also be able to stake their NFTs on the Fireswap when the DEX launches in able to earn $FLAME returns.
DONASWAP is burning tokens every transaction, with the goal of reducing the total supply. However, at launch the initial burn was 45,000,000,000,000,000 DONA at the time of writting worth nearly US$ 1,000,000 dollars.
According to the DONASWAP fire paper, exactly 45% of the maximum supply of DONA tokens was added to the LP at fair launch. Taking DONASWAP price today, that represents an almost 2,464% return on investment (ROI). Finally, the remaining 10% of the maximum supply was split among the marketing and charity wallet. The team only uses the reflections from the 10% making the circulating supply 41,198,735,451,788,400.
DONASWAP is a [BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20) token on the Binance Smart Chain. DONA has [four independently audits](https://www.donaswap.com/audits/). Two by TechRate and two by {P()ly Bl[]ck Audits}, both are highly reputable auditors in the crypto space.
DONASWAP lives on the Binance Smart Chain (BSC), which is the go-to chain for upcoming tokens, thanks to its low fees and fast transaction times. DONASWAP aims to attract enough retail investors that will join the journey and help to create the ecosystem.
BSC is secured through the proof-of-stake (PoS) consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.