# What is DogeCash (DOGEC)?
DogeCash is a community-run digital currency founded in 2018 on the simple
premise of creating a limited-supply, environmentally sustainable coin that is
accessible to consumers (as a form of payment), everyday investors (as a store of value), and philanthropists (as a vehicle for giving.)

Like Dogecoin, an earlier cryptocurrency based on the popular Shiba Inu internet meme, DogeCash values community as well as charity. DogeCash differs from Dogecoin because of its proof-of-stake (POS) consensus protocol, a maximum supply of 210 million coins, privacy features, and its system of governance.

DogeCash developers used PIVX, a decentralized, MIT licensed, open-source
blockchain project, as the codebase for DOGEC. Like PIVX, DOGEC is a
POS/masternode coin that rewards users for holding coins (staking) and running masternodes (full nodes that are always online and help secure the network.) 

In contrast to proof-of-work coins like Bitcoin (that use mining rather than staking for consensus), DogeCash uses little to no energy to maintain its blockchain and mint new coins.

# What makes DogeCash unique?
* DogeCash combines the best qualities of Bitcoin and Dogecoin (limited
supply, community/charity focus, respectively) with an environmentally
sustainable consensus mechanism (POS) and the cutting-edge privacy
features of PIVX.

* DogeCash focuses on being a currency first and is cultivating a vision for an
ecosystem built around DOGEC that values moving money quickly and
enables both merchants and content creators to virtually eliminate transaction
fees and other related costs.


# How many DogeCash coins are in circulation?
DogeCash creates a new block every minute and emits five coins: 3.5 are rewarded to masternode owners (70%), and 1.5 go to stakers (30%). There are also periodical superblocks to generate funds for proposals created and voted on by the DogeCash community.

DogeCash has a supply cap of 210 million coins. By setting this maximum number of coins at ten times the supply of BTC, the community endeavors to find a middle ground between utility and a solid store of value for investors.
As of October 2021, DogeCash has a circulating supply of ~16 million coins.

At the current emission rate of ~7,200 DOGEC per day (~2.6 million DOGEC per year), DOGEC is projected to be economically sustainable for 100+ years without any further adjustments to coin economics.

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SALT Lending is a blockchain-based lending platform that offers users cryptocurrency-backed loans. Users deposit any combination of accepted tokens — such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Doge (DOGE), DASH (DASH) or SALT (SALT) — as collateral to receive a loan in the form of a fiat currency or stablecoin.

SALT Lending has a native token, called SALT, that can be spent to reduce the interest rate on a loan and can be used as a secondary form of loan collateral. Currently, SALT is redeemable at a $7.50 value for interest reductions on loans, a policy and valuation which are subject to change.

The company was launched in 2016 and is operated by Salt Blockchain Inc., a for profit entity, Salt Lending LLC: Salt Master Fund II, LLC – NMLS 1711910.

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