Quote from: ADAM Alams on July 29, 2024, 08:56:42 PM

This sounds interesting! How does the auto-gain feature work exactly? Does it require any action from the holders?

The auto-gain feature in the CryptoDOGS ecosystem is designed to automatically distribute rewards to token holders, making it an attractive passive income opportunity. Here's how it generally works:

Automatic Distribution: The auto-gain mechanism typically operates through a smart contract that automatically distributes a portion of transaction fees or specific rewards to all holders of the token. This means that as transactions occur on the network, a small percentage of the transaction amount is redistributed to all token holders, proportional to the number of tokens they hold.

Passive Income: Holders don't need to take any specific action to receive these gains. As long as they hold the tokens in their wallets, they are eligible to receive the rewards. The smart contract takes care of the distribution, making the process seamless and automated.

No Staking Required: Unlike traditional staking mechanisms where users have to lock their tokens in a specific contract or pool, the auto-gain feature usually does not require any such action. Simply holding the tokens is sufficient to benefit from this feature.

Transparency and Security: Since the process is governed by a smart contract, it operates transparently and securely. Token holders can verify the distribution mechanics and rewards allocation through the blockchain.

In summary, the auto-gain feature allows CryptoDOGS holders to earn rewards passively without needing to perform any extra steps beyond holding their tokens. This automated reward system adds an attractive layer of utility and potential profitability for long-term holders.