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, and is dedicated in loving memory to one of the founders' sons, Recheanio Giovanni Gino, and his grandmother, Rinia Mercelina Ina.
Founder Messiah “Kryptonacci” remains anonymous.
The anonymous founder of DonaSwap Tokens is known as "Kryptonacci." Very little is known about this mysterious 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” Felter serves as the founder and CEO of DonaSwap.
Since 2021, Gino “Kryptstein” Felter has been actively involved with blockchain technology and cryptocurrencies. In 2021, Kryptonacci & Kryptstein officially launched DonaSwap, with GF serving as the CEO ever since.
What Makes DonaSwap Unique?
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.