Donnie Finance (DON) Live Price and charts Today

1 Donnie Finance (DON) Price Today in USD is $0.019998

Donnie Finance (DON) = $0.019998 USD

Donnie Finance (DON) all-time high (ATH) is $26.27 USD

The maximum supply of Donnie Finance (DON) is Unknown

Donnie Finance (DON) 24h volume is $540.79 USD

Donnie Finance (DON) Market Cap is 0 USD

Donnie Finance
$0.019998
-0.02%
Donnie Finance (DON) Price Chart
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  • 1H -
  • 24H -0.02%
  • 1Y -
  • Rank #N/A
  • Market Cap 0.00% -
  • 24H Spot Volume 0.00% $540.79
  • 24H Volume / Market Cap -
  • Circulating Supply -
  • Total Supply -
  • Max Supply -
  • Fully Diluted Valuation -
  • API ID donnie-finance copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img Contr...mVRb8
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  • Websites Website
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About DON Roadmap & Milestones
Donnie Finance is a decentralized and integrated financial service provider and community-driven and open sourced platform on IOST.

Donnie Finance is a DeFi service platform created in October 2018. It aims to provide a conglomerate of !nancial services ranging from checkings and savings to exchanges and lending. $DON is the native governance token of the project which was generated in December 2020.

The project currently offers three services: checkings and savings, exchange, and IDO. According to the project's of!cial website, the payment, credit analysis, and portfolio management services will be launched by the end of 2022. According to the project whitepaper, the platform also intends to offer loans, supply chain !nance, and NFT services.

Savings and Checkings

This service line allows users to deposit idle cryptocurrencies that are not in the exchange or other DeFi service lines. Depositors can withdraw anytime they wish. This service line functions just like a traditional bank account but with more convenience considering there are fewer centralized processes to go through.

Decentralized Exchange

Donnie Finance exchange offers a hybrid AMM model swap service. According to the disclosure, the swap ratio between different cryptocurrencies is automatically adjusted according to the relative ratio in the pair pool. The hybrid AMM model helps limit the slippage problem by providing a stable exchange rate within the market. The DEX service charges a 0.3% platform usage fee. The fee is provided to the liquidity provider as an incentive to deposit assets in the pool.

IDO Launchpad Platform

The third service that Donnie Finance currently operates is the IDO platform. The platform allows users to invest in new projects on the IOST chain as well as interchain. The IDO process starts with ticket purchase. To participate in the purchase, users must stake the project token $DON, $BLY, or LP tokens. With more tickets purchased, the user has more chance of getting whitelisted. After the ticket is purchased, users need to !ll out a whitelist survey and wait to be drawn from the list. If the user is whitelisted, a KYC procedure begins. After the KYC is passed, the user can start participating in the IDO projects.

$DON is the governance token of Donnie Finance. $DON represents the share that a holder has within the ecosystem. Token holders can suggest new agendas and vote on proposed projects. In addition, $DON can also be used as the reward token within the ecosystem. 

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