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5DOVE is the floor-backed token of Dove. Any holder can redeem DOVE for its share of the WETH in the FloorReserve. Only bond sales can mint new DOVE, and each bond pays at least the floor value plus a premium, so new supply never lowers the floor. Part of every bond premium and 4/5 of the charter pool's WETH fees add to the floor, while pool fees and charter purchases burn DOVE.
Onchain and market signals look like wash or inorganic activity.
Not a price target, audit, or trading recommendation.
Aggregate counts from the communities Coral watches. No individual community is named.
First called by @IMKINGDOMSCRIBE
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18 mentions · 9 communities
14 mentions · 8 communities
14 mentions · 5 communities
14 mentions · 5 communities
11 mentions · 6 communities
11 mentions · 4 communities
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