LBank
DogeBack proposes an innovative feature in its contract represented by the dividend payment in Dogecoin!
The contract takes 10% of every transaction and accumulates capital to purchase Dogecoin which is paid off to his holders in Binance Peg Dogecoin. In that sense, as a Dogecoin supporter, DogeBack aspires to be part of Doge environment.
Besides being an innovative mean of passive income, Dogeback has been given Shibetoshi Nakamoto's legitimation ( Dogecoin's creator) who thought of Dogeback as a right way of supporting Dogecoin. If Shibetoshi Nakamoto himself trusts DogeBack, this token has a huge potential in generating constant passive income to everybody that cares to hold it for the long term, one of the main purposes this token was conceived for.
In some way, DogeBack rewards its holders as a new and fair alternative to other financial ways of passive income like staking. Dogecoin rewards are higher than others dividend methods.
AUTOMATIC DIVIDEND DISTRIBUTION
Dividends are automatically reflected relative to each individual's holdings on a daily basis. When volume is higher the frequency of the distribution is higher too. So the distribution cycle times depend on the number of holders in the market and transaction volume but can be claimed manually using the dogeback.space platform, where every holder can see the amount of DogeBack that is owned and the amount of Dogecoin reflections that is pending of being distributed.
