> 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

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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.