> For the complete documentation index, see [llms.txt](https://basicdog.gitbook.io/basic-meme-chain/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://basicdog.gitbook.io/basic-meme-chain/tokenomics/usddog.md).

# $DOG

<figure><img src="https://3358885057-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fuh3k5U4Q30oleZ0LN6eL%2Fuploads%2FQyFadF8m5H7sPHMqjp72%2Fimage.png?alt=media&amp;token=00ec5f33-a076-4d7f-ad4a-3ebd4e3cfe6a" alt=""><figcaption></figcaption></figure>

Basic Dog Meme was created on the first day of the Base network's public launch (July 13th 2024).

All 1 Billion $DOG is in circulation and the token is fully distributed and decentralized.&#x20;

The project kept minimal resources to fund development and the project has continued largely on a volunteer basis. The creator of the token claimed 3 Million $DOG during the initial airdrop and has not received any additional funds to date.

***$DOG is purely a meme coin. The initial project had no further intention of continuing development or adding additional utility. Basic Meme Chain is a separate entity from the distributed token.***

**Token Distribution**

* **Airdrop:** 500 Million $DOG was distributed via a fair airdrop over the first two days.
* **Liquidity:**  300 Million $DOG was reserved for Liquidity Provisioning
  * 100 Million $DOG was put up on Leetswap, but the DEX suffered a catastrophic failure and around 50 Million $DOG was permanently locked.
  * 100 Million $DOG was used as Liquidity on Aerodrome when it launched.
  * 100 Million $DOG was allocated to Market Makers.
* **Incentives:** 150 Million $DOG was set aside to fund incentives.&#x20;
  * A portion of this is automatically released to the $DOG/WETH Aerodrome gauge each epoch.
* **Growth and Development:** 50 Million $DOG was set aside for development expenses.