Polkadog: The Fastest DeFi Meme Dog Running on Polkaswap

5 min readJun 26, 2021

Memes are becoming more and more powerful, and not only on a mass level of people, but also on an acquisitive level. That is why we are starting to think about how memes can contribute to the evolution of our technology. A clear example is Dogecoin or Shiba Inu, two tokens with large capitals that operate even on Binance. However, for eminent people they are not enough to achieve something like that. That’s why today I want to introduce you to Polkadog (https://polkadog.io/), a meme coin project created on the Blockchain network that aims to revolutionize the meme industry, which has gone viral during these last memes. The Polkadog team aims to launch the most significant meme token ever created by involving users in the project.

How will Polkadog work?

The Polkadog team intends to launch the fully decentralized, community-driven PDOG meme token. What does this mean? It means that the holders of the coin themselves will decide on the future of the project and choose the rules of the ecosystem, thus creating a reliable, fair and fully transapreneurial project. Power of Polkadog

The token will be created on the Polkadot network, so it will be much more efficient than any other meme and in addition, it will come with an exchange behind it, Polkaswap, which will give it even more liquidity. The idea is to enter Binance to give competition to Dogecoin. To pull it off, the Polkadog team has reserved 5% of the total supply for Binance to allow for high liquidity once listed.

Polkadog’s main objective

To create a fully decentralized exchange (Polkaswap.io) to improve the future of DeFi, through its own token (Polkadog-$PDOG) powered by the community. The idea is to create an improved Uniswap exchange with much lower fees and commissions through the Polkadot network, affordable to any investor through their Polkadog token. Polkaswap also aims to be a much more user-friendly exchange, so that any user will be able to take advantage of all the platform’s functionalities. In addition, Polkaswap will also be 100% interoperable thanks to the fact that it will be built on the SORA network.

How does Polkaswap work, and how can I get Polkadog?

Polkaswap will be an exchange similar to Uniswap but with functions much clearer and adapted to any public. For this reason, the working mechanism is similar to any other DeFi exchange but even easier.

On the other hand, to generate PDOG, what you can do is Farming. All you have to do is to the website https://farm.polkadog.io/, connect your wallet, click on the place where you want to add liquidity and add liquidity to the indicated pair, as it works on PancakeSwap. Note that the rewards are updated every hour, so your generated $PDOG will be updated.

Benefits of PDOG token

PDOG is a deflationary token as each transaction includes a 2% burn and it is created with blockchain technology, giving security and liquidity with every transaction. In addition, for each transaction there will also be 2% PDOG that will be redistributed to all PDOG holders. Moreover, for every user that joins the project will have the possibility to be rewarded with PDOG by providing liquidity in Polkaswap. The same thing happen providing liquidity in Uniswap.

Key features of the project

PDOG is a deflationary, community-owned and decentralized token.
Fair launch as it is a community-driven token.
No venture capital as there is no public or private sale.
Support for Polkaswap is rewarded with free PDOG.
Polkadog team does not receive PDOG tokens.
2% PDOG burn for each transaction.
Redistribution of 2% PDOG for each transaction.
2% will be added to the Uniswap group.
Maximum security by being DeFi within Blockchain.
The ERC-20 PDOG token contract follows the OpenZeppelin v3.0 standard.

Tokenomics

The token of the project will be PDOG, a deflationary token based on Polkadot network that follows the standards of Blockchain technology, bringing low fees and security to the network.

Bounty Program

The project gives the opportunity to earn PDOG tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (https://bitcointalk.org/index.php?topic=5344134.0), where you can access the link in order to see what are the conditions to become an early Polkadog contributor and start acquiring tokens. You can also stay tuned in their official Telegram Channel (https://t.me/polkadog_io). I hope you liked the post and soon I’ll send you new ones.

Roadmap

Q1 2021
- Polkaswap Soft-Launch
- Polkadog v1 Strategic Planning & Development

Q2 2021
- Fair Launch Polkadog v1
- Going Live on Ethereum Network/Uniswap v2
- Polkaswap Full-Launch
- $PDOG Official Listings

Q3 2021
- Polka Airdrop Polka Airdrop
- Polkadog v2 Going Live
- $PDOG v1 to $PDOG v2 token swap
- PDOG v2 compatible with Ethereum & Sora Network
- Polkadog able to run on Polkaswap
- Polkadog Farm Game Going Live
- Single PDOG Rewards on Uniswap/Ethereum
- Double PDOG Rewards on Polkaswap/Sora Network
- Race for PDOG Airdrop Starts
- Binance Explosion

Q4 2021
- Polka Airdrop Polka Airdrop
- The Power of Polkacat Revealed
- Polkadog Airdrop Surprise
- Polkadog Conquers Top 100
- $PDOG is omnipresent

Q1 2022
- Polka Airdrop Polka Airdrop Polka Airdrop
- Polkaswap TVL +10B
- Polkacat Launch v1
- Polkadog Airdrop Surprise
- Polkadog Number 1 Defi Meme Project

Q2 2022
- Polka Airdrop Polka Airdrop
- Polkadog is a huge success, a sustainable ecosystem is in place
- Polkacat offers a new opportunity for those who have missed Polkadog
- Polkadog Airdrop Surprise
- More details coming soon…

Conclusions

Polkadog will be the first decentralized exchange meme token with not only meme skills, but also with a clear idea behind it, which will also provide huge benefits for holders of their own PDOG token. In addition, PDOG will also offer staking and farming programs and liquidity fund farming to earn more tokens and pay fees.