$DECATS FAQ V1
October 27th, 2023

Q: What is $DECATS?

A: $DECATS is a memecoin, created by some enthusiastic and cat loving DeBankers for the DeBankers community on Polygon PoS blockchain.

Q: Who is the DeBankers team behind?

A: The team was formed spontaneously from fromer @DeBankTelegraph team members and consists of these trustworthy DeBankers:

Q: How can I contact the team? Where to get more info?

A: If you want to reach out a specific team member, contact him/her directly by Hi message on DeBank. You also can contact the team on following channels:

Q: Give me the “hard” token facts for MetaMask please

Q: What are the Tokenomics?

  • Hard cap 10,000 $DECATS

  • initial price: 1$ (USDC, on launchdate 25.10.2023)

  • Initial market cap on launch date: 10,000$ (USDC)

  • 72% of initial supply = initial Liquidity Providing (VirtuSwap AMM Pool)

  • 28% on team account = reserved for marketing & airdrop

Q: Where to trade?

A: Our DEX launch partner was (and still is) VirtuSwap DEX. Trading live on VirtuSwap interface: app.virtuswap.io

Q: Where can I find charts?

A: There are no “professional“ charts availabile at the moment, as the listing process in different platforms is still ongoing. You can check the actual price on VirtuSwap’s AMM Pool page:

Q: Will there be an Airdrop?

A: There are reserved 28% of the token supply for marketing and Airdrop. So yes, there will be an Airdrop.

Q: Who is eligible for the Airdrop?

A: The exact criteria for eligibility are of course kept secret. But you can assume that it won't hurt to post cat pictures in DeBank with the hashtag #DeCats. Ideally they are trending in DeBank (hot tab). And of course early token holders will have an very good chance for an airdrop, especially liquidity providers for the pool on VirtuSwap. Assume in general, that everything what is trackable on DeBank (and other platforms) associated with your wallet address can be eligible for an airdrop batch. $DECATS team members/initial liquidity providers are generally excluded from any airdrop batch.

Q: Wen Airdrop?

A: The exact date for the airdrop has not been set. We want to place the coin stably first, then there will be an airdrop. We will do airdrops in small batches over a longer period, always according to tokenomics and activity. So there will be several “small” airdrops and you can expect more than only one “big“ airdrop. It's important for a succesful airdrop that we don't disturb the tokenomics, but at the same time reward the early supporters and token holders.

Q: How secure is the token contract?

A: We created the contract using the service of Dodoex. This means the contract was deployed on behalf of the team on Dodoex.io and then afterwards the tokens transferred to the initial liquidity providers and marketing/airdrop account. Over 38,000 token contracts were created already on Dodoex - we assume it is safe, but there is never a 100% guarantee on smart contracts.

Q: What is the use case of the coin?

A: $DECATS is a memecoin. The first memecoin from DeBankers for DeBankers to be exact. Does have a memecoin a use case? Not really, but wait: The value comes from the enthusiastic #DeCats community - as more participate there more value will be generated. A passionate community of cat lovers on DeBank - this is the real value!

Q: What is the roadmap?

  • X/Twitter account: done

  • Website: in progress

  • Official DeBank Account (application as soon Website is live)

  • Coin Listing on DeBank (100k AMM TVL needed)

  • Listing on CoinGecko and CMC (as soon Website is live)

  • second DEX listing on Polygon PoS (e.g. QuickSwap, as soon VirtuSwap TVL reaches>150k)

  • Listing evaluation with CEX as soon 1M market cap is reached (1M market cap = 1 $DECATS will reach 100$)

Q: What else are the ideas and what the team is evaluating?

  • regular donations to cat help (like e.g. www.cats.org.uk/donate)

  • Community events & competitions (like most beautiful cat picture etc.)

  • GALXE campaigns

  • official NFT collection for token holders

  • evaluation of possibility for further token/DEX migration to future DeBank L2 chain

  • … and many more ideas

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