Frequently Asked Questions
? What Makes Deutsche Special and Different from other DeFi Projects?
Deutsche is a new protocol that attempts to create a new decentralized model in DeFi. The protocol places the value the project generates into the wallets of Deutsche holders rather than building a large treasury. This approach provides value immediately for token holders and creates an engaged community interested in seeing the project continue to thrive.
Additionally unlike other DeFi projects that provide rebase rewards, our rebases are fully automated using the blockchain itself with the help of Chainlink Keepers. This make the rebases truly decentralized and unstoppable.
? How does the Rebase work?
The Rebase operation allows tokens to work in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called rebasing. Deutsche uses a Positive Rebase formula which increases the $DOLO supply of each holder.
? How to Stake
Deutsche has created an innovative AutoStaking token which provides users a simpler way to receive staking rewards. Simply hold $DOLO in your wallet and you will automatically receive staking rewards.
? How do I get my Rebase rewards?
The Rebase rewards, in simple terms, are the staking rewards. You are entitled to receive Rebase Rewards just by holding $DOLO in your wallet.
? Where can I buy $DOLO tokens?
Currently you can join whitelist to buy $DOLO tokens. After which you will be able to buy $DOLO tokens on public sale. You can also buy the $DOLO tokens on public sale without joining the whitelist.
Useful links:
How to use Binance Smart wallet
? What is the slippage for the trade?
There are two different Slippages which can be used for trading $DOLO:
1 | When you wish to buy, you will need to put the slippage at least at 13%.
2 | When you wish to sell, you will need to put the slippage at least at 18%.
You might need to add higher slippage during times when there are lots of buys and sells of $DOLO but you should only ever incur the same buy and sell fees as mentioned above.
? Is there a Max Supply of $DOLO?
$DOLO is a token with elastic supply and there are no standards for its quantity. $DOLO does not have a Maximum Supply.
? When does the Rebase occur?
The Rebase occurs every 1 hour and it distribute 0.07915% of the circulating supply as rewards to $DOLO holders. This is powered by Chainlink Keepers to enable decentralized operation. In order to track the next Rebase, a holder can check the timer on the Deutsche staking dashboard.
? How is the APY Sustained?
Deutsche uses buy and sell taxes in order to sustain its fixed (static) APY. This means we will never lower or raise the APY of the project. When users buy $DOLO, 13% of their purchase goes towards the protocol, when they sell, 18% goes to the protocol as well. This is one of the main ways we achieve and sustain the APY, thus the reason why you need to pay this tax. We do weekly burns of 0.475% of the total token supply to control inflation. More features are in the work to help sustain the project by lowering inflation and creating additional revenue for the project.
? Is Deutsche Finance Audited?
Yes, Deutsche Finance has completed automated audit by LSR Finance. It’s also great to know that manual audits by Solidity Finance and Certik, will be released soon.
? How are We Handling Inflation?
We here at Deutsche realize that with such a high APY, inflation is a question that is raised a lot. To counter inflation, we burn 0.47% of the vesting wallet weekly. Along with this, we are also working on utilities, such as Deutsche ecosystem projects that will provide utility to the tokens. Other features and partnerships are also in the work to help reduce inflation.
? What will we do with the Treasury?
The treasury functions as an additional financial support for the RFV. This additional support can become important in the event of an extreme price drop off of the $DOLO token. The treasury is also used to fund new Deutsche products, services, and projects that will expand and build up the protocol use cases and the Deutsche economy.
? Slippage vs Tax?
As you know already, Deutsche has a 13% and 18% fee for buying and selling. However, when attempting to buy or sell through an exchange, the fees, or slippage, may be higher. This is because that although Deutsche only charges a flat fixed fee, the exchange also requires a fee. The slippage accommodates the price movement due to the level of liquidity in the pool. The exchange will always get a fixed percentage of the price paid. When the price movement is higher, the amount paid to the exchange may increase.
Last modified 11mo ago