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Dog Pound
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Introduction
Dog Pound is the single asset pool for the AFD DOGS yield token.
All DOGS tokens start with a sale/transfer tax of 90%. However, it is possible gradually reduce the tax to 6% through the Dog Pound Loyalty System.
All AFD must go through the DOG POUND pools to enjoy the tax reduction of 0.75% to 1.00% per day. In addition, the Wallet Loyalty Score allows a permanent tax reduction of up to 30% on all AFD transactions.
The tax acts like a kind of vesting, the shorter the time AFD is active in the ecosystem, the more tax the token holder who carries out a transaction pays.
As improving the reducing tax score, earn BNB and AFP rewards.
* the Loyalty Score Wallet's access threshold equals 10 AFD or more.
Read the documentation to learn more:
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Know your UI
Before proceeding, let's learn how to get confidence with the user interface.
DOGS Metric
- Total Supply= tokens that currently exist, even if locked or circulating.
- Dog Pound TVL= the $ value of the tokens deposited in the Dog Pound pools.
- Price= the current $ value of a single token.
Auto-Compounding Pool
- Claimable PIGS= AFP tokens that you can claim at this time in AFP/USD value
- Total DOGS Staked= the number of DOGS you have staked in the Auto-Compounding Pool.
- Total PIGS Earned= the total amount of AFP withdrawn.
- Total LP Earned= the total amount of DOGS/BNB LP withdrawn.
Linear Pool
- Claimable BNB= BNB tokens that you can claim at this time in BNB/USD value
- Total DOGS Staked= the number of DOGS you have staked in Linear Pool.
- Total BNB Earned= the total amount of BNB withdrawn.
My Metrics
- Tax Reduction= the reached % of Wallet Loyalty Score
- Loyalty Score= the reached score min200 > 3000max
- DOGS Market Cap= Market capitalization equals the size of a cryptocurrency in the market (current price x total supply)
- BNB in Vault= BNB/USD amount in the rewards Vault of the DOGPOUND.
- DOGS Burned= the total amount of DOGS burned.
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How to get AFD DOGS
To stake in the Dog Pound, we need to hold the AFD token.
You can claim it as a reward from your stakes in the Farms/Pools or buy it and immediately put it to yield for passive income.
Navigate to SWAP DOGS
Connect your wallet.
- Enter the BUSD amount, set 1% slippage, hit SWAP and then CONFIRM.
- Pay gas fees and approve the transaction in your crypto-wallet.
Still don't see your AFD in the token list?
- Go to:
- Connect your wallet via AnimalFarm.
- Click on CLAIM.
- Click again on CLAIM, and approve the transaction in your crypto-wallet.
The estimated gas fee is deliberately set high at 0.0125 BNB to avoid transactions failing in times of congestion, but this is not what you will be charged at confirmation.
- Once approved, a small notification window will appear.
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How to stake
In this section, we learn how to make a stake in the Dog Pound.
Go to: defi.animalfarm.app/dogpound
Connect your wallet via AnimalFarm.
Select one of the two options below:
To perform the DOGS stake, we will use the UI called "STAKED DOGS".
Select Stake Linear (2)
Enter the DOGS amount you want to stake.
If you are depositing the DOGS token for the first time, you will need to approve it. Click APPROVE DOGS, pay the gas fees, and authorize the transaction in your crypto-wallet.
Enter the DOGS amount you want to stake again and click STAKE, then authorize the transaction in your crypto-wallet.
The estimated gas fee is deliberately set high at 0.0125 BNB to avoid transactions failing in times of congestion, but this is not what you will be charged at confirmation.
- Once approved, a small notification window will appear.
- Stake information, as the accrued percentage of tax reduction, is now visible in the apposite section.
A 24-hour withdrawal cooldown is set up for every DOGS deposit.
Whenever you make a new stake or an unstake from the LINEAR POOL, your earned BNBs get claimed and sent to your wallet.
To perform the DOGS stake, we will use the UI called "STAKED DOGS".
Select Stake Auto-Compounding (1)
Enter the DOGS amount you want to stake.
If you are depositing the DOGS token for the first time, you will need to approve it. Click APPROVE DOGS, pay the gas fees, and authorize the transaction in your crypto-wallet.
Enter the DOGS amount you want to stake again and click STAKE, then authorize the transaction in your crypto-wallet.
The estimated gas fee is deliberately set high at 0.0125 BNB to avoid transactions failing in times of congestion, but this is not what you will be charged at confirmation.
- Once approved, a small notification window will appear.
- Stake information, as the accrued percentage of tax reduction, is now visible in the apposite section.
A 24-hour withdrawal cooldown is set up for every DOGS deposit.
The staking process of AutoCompounding Pool reward (BNB > DOGS/WBNB LP FARM) is managed in the backend, it will be visible only in the corresponding DogPound section.
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How to claim Rewards
Find out how to claim the Dog Pound rewards.
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Linear Pool
Connect your wallet via AnimalFarm.
- At the top of the page, find the Linear Pool section and click on "Claim BNB" and approve the transaction in your crypto-wallet.
The estimated gas fee is deliberately set high at 0.0125 BNB to avoid transactions failing in times of congestion, but this is not what you will be charged at confirmation.
- Once approved, a small notification window will appear.
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AutoCompounding Pool
Before we find out how to collect the rewards, let's understand how they are calculated.
The BNB earned are automatically converted to an AFD/WBNB LP and used in the farm AFD/WBNB where you earn PIGS.
The entire process is managed in the backend of Dog Pound UI, the earned AFD/WBNB LP will be visible only in the corresponding Dog Pound section, not on the Farms page.
Rewards are assigned every 24 hours.
Connect your wallet via AnimalFarm.
- At the top of the page, find the Auto-Compounding Pool section and click on "Claim PIGS" and approve the transaction in your crypto-wallet.
The estimated gas fee is deliberately set high at 0.0125 BNB to avoid transactions failing in times of congestion, but this is not what you will be charged at confirmation.
- Once approved, a small notification window will appear.
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How to unstake from Dog Pound
The withdrawing procedure for Dog Pound stakes is the same for both pools.
To perform the DOGS unstake, we will use the UI called "STAKED DOGS".
Connect your wallet via AnimalFarm.
- Select the stake you want to withdraw.
Along with the data of the specific stake, such as the date, pool, and amount, you can also find out the percentage of tax reduction achieved, which is composed of the sum of the two tax reductions: Wallet Loyalty score and Token Loyalty score.
Remember that once the stake is withdrawn, the accrued Token Loyalty score will be stopped at that percentage reduction.
What should I do with the DOGS Tax Reduction? Learn more here: Token Loyalty Score
- Enter the amount, even if only partial, of the DOGS you want to unstake and hit confirm, pay the gas fees, and approve the transaction.
The estimated gas fee is deliberately set high at 0.0125 BNB to avoid transactions failing in times of congestion, but this is not what you will be charged at confirmation.
- Once approved, a small notification window will appear.
Whenever you make an unstake, your earned Rewards will be claimed and sent to your wallet.
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How to sell/transfer DOGS
In this section you will learn how to sell or transfer AFD DOGS.
To do the DOGS sale/transfer, we use the DOG POUND UI called "Withdrawn DOGS Tax Reduction" where you can select the tax reduction credit you want to use and the section "DOGS Balance" to sell or transfer your AFD balance.
Learn how the Loyalty System works BEFORE selling or transferring the AFD DOGS token.
Select one of the two options below:
Go to: defi.animalfarm.app/dogpound
Connect your wallet via AnimalFarm.
- To sell AFD tokens, you must have them in your wallet balance.
- To complete our sale, we must select which DOGS tax reduction we wish to apply to the AFD balance. The amount of sales tax depends on the number of loyalty score achieved.
To apply the DOGS Tax Reduction hit SELECT.
In relation to this example, the 84% is the tax reduction obteined, composed of the sum of both loyalty scores, and the 20.9000 is the MAX amount of DOGS to which it can be applied.
- Once the DOGS tax reduction is selected, fill DOGS with the amount you wish to sell or simply press MAX to reach the maximum DOGS tax reduction cap.
It is possible to use only part of the DOGS tax reduction; the unused part will be available in the "Withdrawn DOGS Tax Reduction" section.
The interface will show an estimate of the BUSD you will receive for your sales transaction.
- % loyalty tax reduction refers to Wallet Loyalty Score
- % tax reduction refers to Token Loyalty Score
- Click "Sell" and approve the transaction in your crypto-wallet; according to your loyalty score, your DOGS will be swapped for BUSD and sent to your wallet.
The estimated gas fee is deliberately set high at 0.0125 BNB to avoid transactions failing in times of congestion, but this is not what you will be charged at confirmation.
Go to: defi.animalfarm.app/dogpound
Connect your wallet via AnimalFarm.
- To transfer AFD tokens to another BCS address, you must have them in your wallet balance.
- To make the transfer, you must select which DOGS tax reduction you wish to apply to the AFD balance. The amount of the transfer tax depends on the number of loyalty score achieved.
To apply the DOGS Tax Reduction hit SELECT.
In relation to this example, the 84% is the tax reduction obteined, composed of the sum of both loyalty scores, and the 20.9000 is the MAX amount of DOGS to which it can be applied.
Enter a recipient address.
Once the DOGS tax reduction is selected, fill DOGS with the amount you wish to transfer or simply press MAX to reach the maximum DOGS tax reduction cap.
It is possible to use only part of the DOGS tax reduction; the unused part will be available in the "Withdrawn DOGS Tax Reduction" section.
- % loyalty tax reduction refers to Wallet Loyalty Score
- % tax reduction refers to Token Loyalty Score
- Click Transfer and approve the transaction in your crypto-wallet; according to your loyalty score, your DOGS will be transferred and sent to the recipient's address.
The estimated gas fee is deliberately set high at 0.0125 BNB to avoid transactions failing in times of congestion, but this is not what you will be charged at confirmation.
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How the Loyalty System works
Learn how the LOYALTY SYSTEM works BEFORE selling or transferring the AFD DOGS token.
There are 2 types of loyalty scores:
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Wallet Loyalty Score
It is tied to the wallet address and is earned by making and keeping active even one stake in the Dog Pound, whether in the Linear pool, the AutoCompounding pool or both.
To be qualified to earn the Wallet Loyalty Score, you must have in stakes a total of at least 10 AFD.
The reward is a 2% tax reduction for each month you hold your stakes, up to 15 months or 30%.
If your total stake falls below 10 AFD, the Wallet Loyalty Score timer will stop and restart once you have a Dog Pound stake of at least 10 AFD.
This tax reduction will automatically apply to any AFD tokens that you want to sell or transfer through the Dog Pound UI.
The achieved Wallet Loyalty Score is a permanent tax reduction.
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Token Loyalty Score
All AFD must go through one of the DogPound pools to enjoy the tax reduction.
The Auto-Compounding Pool reduce your sale tax by 1.00% per day.
The Linear Pool reduce your sale tax by 0.75% per day.
Once the desired DOGS Tax Reduction is reached, it is obtained by making the withdrawal.
You will notice two things: DOGS has been sent to your wallet, and your DOGS Tax Reduction is now visible in the appropriate section.
The DOGS Tax Reduction consists of various information, such as the date of withdrawal and the pool of origin, but the two most important ones are:
- The % of reduction achieved, composed of the sum of both loyalty scores.
- The MAX amount of DOGS to which it can be applied.
Once earned, the DOGS Tax Reduction can be applied for any AFD you want to transfer or sell; it does not have to be the specific AFD you withdrew to achieve the DOGS Tax Reduction.
Once DOGS have been withdrawn from one of the pools, the percentage of DOGS Tax Reduction referred to the token loyalty score can no longer change. DOGS Tax Reductions cannot be added together, it is only possible to use one at a time.
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Charts
Take a look to the live data/charts section!
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FAQs
Would you like to know more? Do you have a specific question?