LSDoge Review

LSDoge

lsdoge.com

(0 reviews)

Site Rank: 1063

If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....

Their Official site text:

Introduction
Sniff, sniff, Acid, tasty
LSDoge
LSDoge is a new Meme token that offers abundant returns by combining the power of LSD and the master of Meme. By holding $LSDoge, you become a guardian of the Ethereum network and earn sufficient ETH rewards.
LSDoge has a fixed total supply, 100% fully circulated, and is infinitely deflationary. Also fairly distributed, with no team shares or fundraising involved.
Through a partnership with 0xACID.com, the largest LSDfi project on Arbitrum with over 5000 ETH treasury, LSDoge solves trust risks and can stably generate ETH returns from a large amount of LSD assets in the long run.
Tokenomics
Keep it inside your project
How many freaking zeros?
Introduction
We are pleased to introduce $LSDoge, a new meme token that combines the power of LSD and Doge Meme to offer satisfying real returns to its holders. $LSDoge has a fixed total supply of 100 trillion, fully circulating with no inflation, and is only deflationary. This token has been developed through a partnership with 0xACID.com, the largest LSDfi project on Arbitrum with over 5000 ETH treasury.
Token Distribution
Token Distribution: The token distribution of $LSDoge is designed to ensure fairness and equal opportunities for all.
66% of the total supply will be converted to LSDoge through the ACID Bond with a vesting period of 3 days. This conversion will be available for a limited time, specifically from April 24th to April 26th, 2023. The exchange rate will be 1 ACID to approximately 34.5 billion LSDoge. The total amount of bonds available will be 2,000 ACID. Additionally, any ACID that is transferred to LSDoge will be permanently burned.
30% will be distributed by airdrop to addresses holding $ARB, $AIdoge, $ACID, $vACID, $esACID and $sACID (snapshot taken between 20-23 April).
1% of the total supply will be used for initial LP addition, which is LSDoge-acid pair, and 3% will be used for LSDoge-ETH LP initial rewards. (However, you can purchase it using USDC or ETH via Camelot as there will also be liquidity and a router.)
Transfer Tax
$LSDoge will have an 8% transfer tax, with each on-chain transfer subject to the tax, including swaps, transfers, and any other operations, except for stake.
Of the transfer tax, 2% will be burned, 3% will be added to the LP rewards pool for LSDoge-ETH LP stakers, and 3% will be converted to ETH and distributed to the 0xACID treasury for LSD returns.
Conclusion
$LSDoge is an exciting new token that combines the power of memes with the benefits of good LSD. Its fixed total supply, deflationary nature, and fair distribution make it a valuable addition to the LSDfi ecosystem. We are thrilled to offer this token to the community and look forward to seeing the benefits it will bring to our users.
Taxes

T to the a to the x to the e to the s

Transfer Tax

LSDoge has an 8% transfer tax applied to all on-chain operations except for stake LSDoge operations. This tax is designed to support the long-term stability and growth of the LSDoge ecosystem.

Please set the slippage to 10% or higher due to the 8% transaction tax for buying/selling LSDoge.

Breakdown

Out of the 8% transfer tax, 2% will be burned, which will effectively reduce the total supply of LSDoge and increase its scarcity over time. Additionally, 3% of the transfer tax will be allocated to LSDoge-ETH LP stakers as a reward for providing liquidity to the LSDoge-ETH pool. This will incentivize users to stake their LSDoge in the pool and support the liquidity of the LSDoge market.

The remaining 3% of the transfer tax will be converted to ETH and allocated to the 0xACID treasury. This will serve as a reward for providing LSD income and support the continued development of the LSD ecosystem.

Overall, the transfer tax serves as an essential component of the LSDoge ecosystem, providing stability, scarcity, and incentives for users to participate in the LSDoge-ETH LP pool and support the LSD community.

Token Stake

All the way up

By staking LSDoge, users can earn stable, long-term ETH rewards. These rewards are generated from the LSD assets held by the collaborative project 0xACID, which has a treasury of over 5000 ETH, ensuring a consistent stream of ETH output.

LP Stake

You earn it

Staking Camelot Dex LSDoge-ETH LP on the LSDoge website can earn rewards in LSDoge tokens. To obtain LP, use LSDoge tokens and ETH tokens to create LP on Camelot.

Please select "LP Only" when adding LP, not "Position".

The source of the rewards: 3% of the 8% transfer tax of each LSDoge transaction is allocated to LP providers.

Earn

Like all you can eat

Staking LSDoge single token allows users to obtain stable and continuous ETH returns.

Staking LSDoge-ETH LP can earn $LSDoge rewards.

LSDoge has collaborated with 0xACID.com (the largest LSDfi project on Arbitrum with a treasury holding over 5000ETH) to ensure stable and long-term ETH returns from a large amount of LSD assets.

At the same time, through the tax collection mechanism, the LSDoge will be continuously destroyed, the circulation of the LSDoge will continue to decrease, and the value will continue to increase".

Airdrop

Airdrop like it's hot

The airdrop for $LSDoge is 30% of the total supply, or 30 trillion tokens. It will be airdropped to addresses holding $ARB, $AIdoge, $ACID, $vACID, $esACID and $sACID (snapshot taken between 20th and 23rd April), totalling approximately 190,000 addresses.

As the total amount of airdropped tokens claimed increases by 5%, the amount of LSDoge that can be claimed per address will decrease by 20%.

By clicking "Invite Friends", users can share a link to the airdrop with their friends and receive an extra 10% of what their friends claim, without affecting their friends' rewards.

Please note that the claiming of the airdrop is subject to an 8% transfer tax. It is advised to claim the airdrop as soon as possible, as claiming may be terminated at any time. Any unclaimed tokens will be burned.