Daily Divs Network
Main Network
5.0
2 Ratings
What is Daily Divs Network? Daily Divs Network, or DDN, is an open source, honest and mathematically verifiable Ethereum smart contract. On a simple level, the contract is responsible for giving out a certain amount of DDN tokens to whoever gives ETH to it. On top of this, it can also give out ETH should you want to sell your DDN back to the contract. Both of these things are done in such a way that if completely liquidated, every single wei (the smallest unit of ETH) can always be accounted for and paid back. Here's where it gets tricky, for every DDN token that exists, the price increases by a tiny bit and will also decrease when they are eventually sold back to the contract. This is more complex than you probably think but the contract needs to accurately determine the output for this variable price rate. This mechanism is what gives the contract its 'ponzi scheme' nature but in this case, the rules are very clear and most importantly, immutable and decentralized. The final feature of the contract is taxes. Upon both buys and sells, a percentage is taken off the resulting ETH amount and distributed proportionally to all DDN holders. You can then either withdraw your dividends directly to your wallet or reinvest it back into buying more DDN.
24Hr Users
0
Total Unique Users
87

Dapp Details

Daily Divs Network
5.0
Main Network
Web
EN
What is Daily Divs Network?
Daily Divs Network, or DDN, is an open source, honest and mathematically verifiable Ethereum smart contract. On a simple level, the contract is responsible for giving out a certain amount of DDN tokens to whoever gives ETH to it. On top of this, it can also give out ETH should you want to sell your DDN back to the contract. Both of these things are done in such a way that if completely liquidated, every single wei (the smallest unit of ETH) can always be accounted for and paid back. Here's where it gets tricky, for every DDN token that exists, the price increases by a tiny bit and will also decrease when they are eventually sold back to the contract. This is more complex than you probably think but the contract needs to accurately determine the output for this variable price rate. This mechanism is what gives the contract its 'ponzi scheme' nature but in this case, the rules are very clear and most importantly, immutable and decentralized. The final feature of the contract is taxes. Upon both buys and sells, a percentage is taken off the resulting ETH amount and distributed proportionally to all DDN holders. You can then either withdraw your dividends directly to your wallet or reinvest it back into buying more DDN.
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Daily Divs Network's Statistics

Dapp Contract Balance:  30 ETH
Smart Contract
Dapp.com Score measures the performance of a dapp, the higher the ranking score, the better the dapp is.
Dapp.com Score
Today's Score: 7
Weekly Average: 7
Best Score: 62
The number of wallets that had interacted (transactions) with a dapp’s smart contracts.
Users
Total Unique Users: 87
24Hr Users: 0
7Day Users: 0
24Hr Highest: 37
The amount of transaction represents the numbers of actions between users and dapps that involved smart contract interactions.
Transactions
Total Transactions: 1,749
24Hr Transactions: 0
7Day Transactions: 0
24Hr Highest: 366
Transaction volume of tokens to a dapp’s smart contracts, which is the amount of tokens spent in the dapp.
Volume
Total Volume: 64,408.58 USD
24Hr Volume: 0 USD
7Day Volume: 0 USD
24Hr Highest 23,703.71 USD

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