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Voodoo Token ($VDO)
- 최고관리자 오래 전 2024.11.25 17:10
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General Characteristics
Voodoo Token ($VDO) is a meme coin built on the layer-1 Pulsechain network. Poised to become a premier meme token on the Pulsechain blockchain, $VDO transcends its role as a token created for fun to introduce various perks for its community. The project is actively developed and supported by the decentralized entity, VoodooGroup.
The gambling platform at the helm of $VDO’s services allows token holders to bet $VDO or other tokens within its ecosystem in a 47% chance heads-or-tails game. The project also boasts a Wheel of Fortune where gamers spin daily for additional rewards. These features make the VoodooGroup sure it can rise to prominence in the meme coin verse.
Roadmap
$VDO’s roadmap reveals that the project is actively building a decentralized ecosystem comprised of various decentralized applications (dApps) and multiple use cases for the $VDO meme token. According to the meme coin’s whitepaper, “This is only the beginning! we won’t stop here!”
Functionality and Utility
$VDO serves as the native token for the Voodoo Token ecosystem. Owning this flagship token also unlocks the staking feature for token holders with as much as 30% APY. It also features yield farming, a decentralized finance (DeFi) that maximizes profit making.
Interestingly, $VDO is not the only token in the Voodoo Token ecosystem. There are two reward tokens, $MAGIC and $POISON. $MAGIC fosters a burn mechanism to boost the token’s value in the long term. $POISON implements a 1% fee on transactions, which is instantly distributed among token holders.
In 2025, the project seeks to launch a mobile app that facilitates buying, selling, swapping, and storing its tokens: $VDO, $MAGIC, and $POISON. Other features incorporated into the mobile wallet are NFTs, staking, and cross-chain swaps.
Market Performance and Dynamics
$VDO has a total supply of 21 million tokens, 100% of which are in circulation. Its tokenomics divides the token’s supply across four sections - liquidity pool (30%), marketing & buybacks (15%), burn events (5%), and holders redistribution (50%).
At the time of writing, the meme coin’s market capitalization, daily traded volume, and liquidity sat at $17.02K, $50.76K, and $5K, respectively. Its price was $0.0008105 at the time of documentation, signaling a 34.95% surge in a week.
Community
Voodoo Token has a vibrant community of 3.1K+, supporting its growth across social platforms like X and Instagram. Over 50K wallets also hold its token.
Pros
- Integrates smart contracts.
- Supports staking.
- Supports NFTs.
- Features token burns to boost value.
- Offers three ecosystem tokens.
- Supports a fiat on-ramp service via PayPal.
7 Questions to Voodoo Token Team
1)What was the inspiration behind the name "Voodoo Token," and how does it reflect the project's identity or vision?
Voodoo Token is based on a mascot that represents a voodoo doll. The head of this mascot is what you see when you look at Voodoo Token’s logo. That is why Voodoo Token is called Voodoo Token.
2)What inspired the creation of the MAGIC and POISON reward tokens, and how do they complement the Voodoo Token ecosystem?
If our project were all about Voodoo Token, it would be harder for us to create a diverse ecosystem with different utilities and functionalities. By implementing the MAGIC and POISON reward tokens, the Voodoo ecosystem becomes more diverse.
3)How do you address concerns about scams on PulseChain while building trust in Voodoo Token as a safe and reliable digital currency?
Unfortunately, scams such as rug pulls, honey pots, or contract exploits are unavoidable on PulseChain and beyond our control. The best thing we can do to gain trust among the PulseChain community as a project is to strive to be as transparent as possible through open-source Git
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