Donut DONUT Price 0.01470157

What is Donut?
The community points of /r/ethtrader are represented by Donut.
Donut was first launched as a simple community point in October of last year, but has since been available as a token on the Ethereum platform.
The number of upvotes users receive when posting content determines the monthly distribution of these token.
There are a variety of functions within the Donut token.
They can be used to buy limited edition loyalty badges and membership for the subreddit, which unlocks exclusive features for the user, at a cost of 200 Donuts/month.


Who is the originator of Donut?
The Donut project is maintained by a team.



What makes a donut unique?

It is the first community point on the mainnet.
The project is powered by Aragon, which is used for minting Donut token and governing the project.

There are pages related to this.
Duck DaoDime is a token that grants access to exclusive Telegram communities.
There are perks for NEXO users with theNEXO token.

Get to know the market with the blog.

How many donuts are in circulation?

2 million Donuts points were issued each week prior to June 2020, but this has since been cut to 1 million points per week.
Every four weeks, Ethtrader users can redeem their points for actual doughnuts.

The Donut Network is secured.

Proof-of-work is a novel mechanism used to solve complex mathematical equations and create new blocks to fill with transactions.

Where can you buy donut?
Donut is not listed on any centralized exchange platforms. There are a number of popular DEXs, including Uniswap, 1inch Exchange and 0x Protocol.
To learn how to use a credit or debit card to buy cryptocurrencies, see our full guide.