Details

What is DONUT

Tokens

1. What is donut?

Donut is a type of Tokens, characterized by the following features:

  1. Cross-Platform Tracking Tool: Donut is a professional tracking tool designed specifically for Tokens enthusiasts, providing real-time market updates and allowing users to download different build versions based on personal needs.

  2. Circulating and Total Supply: The circulating supply and total supply of Donut are both 120,355,919 DONUT.

  3. Community and Market: Donut has an active community and market, supporting multiple trading pairs and offering historical data and real-time charts.

  4. Notes: In China, according to a notice dated September 27, 2021, virtual currency trading is completely banned, including services provided by overseas virtual currency exchanges to residents within China.

2. Who founded donut?

According to the provided search results, information about the founders of TokensDonut is not explicitly mentioned in these articles. The articles mainly discuss the functionalities, features, and security of Donut as a Tokens tracking tool, as well as its recognition within the Tokens community, but do not provide specific information about its founders. Therefore, it is not possible to determine who the founder of Donut is from these search results.

3. Which venture capital invested in donut?

According to the provided information, there is no direct clarification about the investment information for TokensDONUT. DONUT is a Reddit community token and the native token of the r/ethtrader subreddit. Here is a summary of the relevant information:

  1. DONUT's Liquidity Pool: Sushi announced on platform X that the new ETH/DONUT liquidity pool for the Reddit community token DONUT has launched, offering 100,000 DONUT rewards to liquidity providers (LP).

  2. Investment Information: There is no direct mention of which venture capitalists invested in DONUT. The information mainly relates to domain trading and other Tokens investments, such as Meitu's purchase of Bitcoin and Ethereum.

Therefore, based on the provided information, it is not possible to determine which venture capitalists invested in TokensDONUT.

4. How does donut work?

How Donut (DONUT) Tokens Operate

  1. Blockchain-Based: Donut is a blockchain-based token that uses a distributed public ledger to record all transactions.

  2. Community Rewards: Donut was created by the Reddit community to reward users for constructive activities in specific subreddits. It is part of Reddit's community token program, which includes Tokens like DONUT, MOON, and BRICK.

  3. Trading and Market Capitalization: Donut can be traded on Tokens exchanges like Binance and Bitget. Its market capitalization and trade volume can be viewed on sites like CoinMarketCap.

  4. Security: Donut uses cryptography to validate transactions and relies on the security of blockchain to prevent tampering. However, like other tokens, Donut may also face risks from hacking attacks.

  5. Buying and Storage: Users can purchase Donut through Tokens exchanges and use digital wallets for storage and management.

In summary, Donut is a community reward token based on blockchain technology, operating through cryptographic techniques and a distributed public ledger.

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