Voodoo Token ($VDO) is a decentralized memecoin built on the Pulsechain blockchain. It stands out as a meme coin by combining funny memes with real utility, offering a strong ecosystem of decentralized applications (dApps) for investors. The ecosystem consists of three tokens in total, each having unique features and purposes within the ecosystem. However, in this overview, we will focus solely on Voodoo Token ($VDO), exploring its features, use cases, and future utility.

Overview of Voodoo Token

Token Name: Voodoo Token

Symbol: $VDO

Total Supply: 21,000,000 tokens

Circulating Supply: 19,950,000 tokens

Blockchain: Pulsechain

Decimals: 18

Voodoo Token is designed as a peer-to-peer digital currency With the capacity for quick and inexpensive transactions. It also serves as the native token within the Voodoo ecosystem, allowing users to engage in decentralized finance (DeFi) such as staking and long-term lock-ups (Voodoo bank).

Key Features
Utility in DeFi, Gambling and Games

Users can bet $VDO or other tokens in a heads-or-tails gambling game with a 47% win chance.

The Wheel of Fortune game allows players to spin daily for rewards.

Staking and Passive Income:

Voodoo Token holders can stake their tokens to earn up to 30% annual percentage yield (APY).

Staking rewards are distributed in the ecosystem's reward tokens: $MAGIC and $POISON.

What Are Reward Tokens All About?

MAGIC Reward Token

A burn mechanism is implemented in $MAGIC to reduce supply and increase long-term value.

POISON Reward Token

$POISON applies a 1% transaction fee that is redistributed among token holders.

Decentralized Applications:

The Voodoo ecosystem includes DApps for staking, gambling, long-term lock-ups, and a wheel of fortune and faucet for micro rewards.
A planned mobile app that is going to be launched this year will give users full control over their own tokens, cross-chain swaps, NFTs, and more.

Tokenomics
The total supply of 21 million tokens is distributed across:

Liquidity Pool (30%): Helps with trading stability across markets.

Marketing & Buybacks (15%): Promotes adoption and growth.

Burn Events (5%): Reduces circulating supply to boost scarcity.

Holders Redistribution (50%): Rewards DeFi users within the ecosystem.

Voodoo Community
Voodoo Token has a growing community on social media platforms like X and their Telegram group. Additionally, more than 50,000 wallets hold $VDO tokens.

Future Developments
The roadmap for Voodoo Token includes:

Launching a mobile wallet app in 2025

Integration of Voodoo Token into e-commerce platforms for crypto payments.

Expansion of DeFi features like liquidity mining.

Conclusion
Our mission is to change the definition of the word memecoin by giving Voodoo Token real-world utility through many decentralized applications.

Website & Info

Voodootoken.com