#001 $DOGA Proposal: Burn 111M tokens (~42.0% of the remaining supply) to cap $DOGA’s total supply at 888,888,888 tokens

Voting ended over 1 year agoFailed

KEY ACTION TO BE VOTED ON Burn 111M tokens (~42.0% of the remaining supply) to cap $DOGA’s total supply at 888,888,888 tokens

I. PRETEXT To ensure the long-term viability of DOGAMÍ, we propose a revamp of the $DOGA tokenomics by limiting the total supply to 888,888,888 tokens

Objectives:

Align tokenomics with DOGAMÍ's vision, positioning $DOGA as the central pillar of the franchise. Learn more on the DOGA token page
Retain the ability to attract ecosystem partners, such as game developers, key opinion leaders (KOLs), and other creators, to grow DOGAMÍ's entertainment franchise
Stabilize $DOGA’s price by minimizing new token supply, thereby reducing sell-side pressure and mitigating price instability

Why Now? The original vesting schedule, created in late 2021 during the Play-to-Earn (P2E) hype, no longer suits current market conditions or DOGAMÍ's evolving vision. Over time, this mismatch has contributed to significant selling pressure. Feedback from industry experts—tokenomics advisors and liquid fund managers—emphasizes the urgency of this reform to stabilize and revitalize $DOGA

II. TOKENOMICS OVERVIEW Current Supply Status:

Total Supply Cap (Current): 1 billion $DOGA tokens
Vested & Distributed (~73%): ~730M tokens
Remaining/Unvested (270%): ~270M tokens, allocated as follows:
- Play-to-Earn Pool: 155M tokens
- Staking Pool: 50M tokens
- Ecosystem & Liquidity Development: 66M tokens

Accuracy Notes:

The supply figure on Coingecko is accurate (~730M tokens).
The Coinmarketcap figure is outdated; updates have been requested to align with Coingecko’s validated numbers. The original vesting schedule, detailing monthly distributions, can be found here. (Each vesting month runs from the 21st to the 20th day.)

III. PROBLEM STATEMENT: UNSUSTAINABLE TOKEN DISTRIBUTION DYNAMICS The current vesting schedule poses significant risks due to unsustainable supply increases:

Projected Monthly Unlocks: 15M tokens (1.5% of total supply)
Required Monthly Demand: To maintain a $0.01 price, $150K in new demand is needed each month to offset supply
Total Impact: For the remaining ~270M tokens, ~$2.7M in new demand is needed to maintain price stability at $0.01
At a hypothetical $100M FDV: Required monthly demand rises to $1.5M, with a total of ~$270M needed for stability

These dynamics burden DOGAMÍ's ecosystem and community, undermining long-term viability. Without intervention, the current model risks exacerbating selling pressure and price instability

IV. PROPOSAL We propose the following changes to $DOGA tokenomics:

Limit Total Supply: Cap $DOGA’s total supply at 888,888,888 tokens by burning 111M tokens (~11.1%) from the Play-to-Earn (P2E) pool
Accelerate Play-to-Earn Rewards Depletion
- Original Schedule: P2E rewards deplete by May 2029
- Proposed Schedule: P2E rewards deplete by July 2025, assuming a constant monthly distribution of 6M tokens
Future Adjustments for Sustainability
- Introduce a separate DAO proposal to review and potentially adjust the vesting schedules for the Play-to-Earn and Staking pools
- Extend the incentive structure to ensure long-term engagement and alignment with DOGAMÍ's vision
- Current depletion projections for the Staking pool indicate it will run out by March 2026

Please note that DOGAMÍ NFT holders can vote on this proposal. The weights per NFT are in the section

V. ANTICIPATED BENEFITS

Enhanced Price Stability: Reduced supply lowers sell-side pressure, supporting $DOGA’s value over time
Stronger Ecosystem Dynamics: Aligning incentives with revised tokenomics strengthens DOGAMI’s ability to attract and retain strategic partners
Path to Long-Term Viability: Accelerating the depletion of Play-to-Earn rewards, coupled with updated vesting schedules, positions DOGAMI for sustainable growth

VI) REWARD FOR VOTING ON THIS PROPOSAL

We value your contributions to DOGAMÍ's growth and want to incentivize your engagement. For this first vote, we’ll distribute 0.5M $DOGA pro-rata based on relative vote share
Everyone who votes on this proposal will receive $DOGA rewards
The voting weights can be found in the document, linked in section VII)

VII) RELEVANT LINKS

VIII) DISCLAIMER

Votes on the DOGAMÍ A.L.L.I.E.S. platform are not legally binding. The management team will strive to implement the community’s decisions, as long as they align with financial and regulatory constraints
$DOGA is a utility token used within DOGAMÍ for interactions and transactions, without any rights to shares, dividends, or investment returns. It does not represent ownership or control in the company and is only for use within the DOGAMÍ Project
Dogami’s buyback and burning operations of $DOGA tokens are carried out to enhance the stability and operational efficiency of the token ecosystem. These actions are conducted sporadically and are based on market conditions rather than on a fixed schedule or financial performance metrics. The buybacks and burnings are not intended to provide investment returns or to serve as profit-generating mechanisms. Instead, they aim to control the token supply and ensure the health of the ecosystem. It is important to understand that there is no promise or guarantee of future buybacks or burnings, and these activities should not create any expectations of regular profit distributions. All related communications are intended for informational purposes and should not be interpreted as financial or investment advice