@dracklyn
$DEPE Tokenomics in the Meme Contest Arena
Core Integration
Memepools: Every contest pool is denominated and deposited in $DEPE.
Upvote Power: To upvote any submission, a participant must hold 1M $DEPE (threshold adjustable depending on token price).
Voting Mechanism: All votes are cast in $DEPE.
Staking: Contest-related staking is conducted exclusively in $DEPE.
Rewards: Distribution of contest winnings and incentives is executed in $DEPE.
Platform Fee: A 10% fee is reserved from each contest memepool to sustain the platform.
Strategic Implication
This design ensures that every interaction, entry, vote, stake, and reward is tied directly to $DEPE, creating a closed-loop economy.
Holders benefit from:
Utility: $DEPE is the sole medium for contest participation.
Demand Pressure: Voting and staking requirements drive consistent token demand.
Value Capture: Platform fees and reward flows reinforce $DEPE’s centrality.
To put it short: $DEPE isn’t just a contest token, it’s the engine of the meme arena.
Every action strengthens its ecosystem, making it uniquely positioned to deliver sustained value to holders.
🐸🎩