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# Doki Doki Finance and DOKI token Review
- URL: https://dexplain.com/doki-doki-finance-and-doki-token-review/
- Published: 2020-10-30T16:59:00.000Z
- Updated: 2021-12-02T17:00:12.000Z
- Description: What is Doki Doki Finance? A DeFi platform focusing on long term sustainability via an in built Tax and Treasury system. DOKI token review.
- Author: wizardfromspace
- Tags: DOKI, Ethereum, yield farming, defi, Crypto Art, Collectibles, Non-fungible Tokens

[Doki Doki Finance](https://dokidoki.finance/?ref=dexplain.com) is a DeFi protocol focusing on building a full suite of products that capture sustainable and long term value for its users. DOKI tokens reward participants of the ecosystem through staking, along with providing token holders [governance](https://dexplain.com/uniswap-launches-uni-token-and-liquidity-mining/) rights.

## What is Doki Doki Finance?

Doki Doki in Japanese refers to the sound of a heart beating quickly, usually for the excitement of what’s to come. Which is why you find a unique retro-Japan inspired interface on their website. The team aims to develop products presented in a stylish way that will provide a *Doki Doki* feeling for users!

![](https://dexplain.com/content/images/2021/12/doki-doki-theme.webp)

Currently, the main product is **DStake** which distributes DOKI tokens via 4 different pools. The bulk of the rewards go out to the two DOKI staking pools which the protocol considers higher risk.

![](https://dexplain.com/content/images/2021/12/doki-pools.webp)

This design choice intends to avoid a market collapse via unsustainable APYs that [attract whale farmers into early dumping](https://dexplain.com/top-defi-tokens-dump-50-in-a-week/). Many DeFi platforms offer high APYs for very low-risk pairs such as $ETH/$USDC or $WBTC/DAI. However, Doki Doki aims to create a loyal community of DOKI holders and liquidity providers.

## DOKI Tokenomics

There is a fixed total supply of 50,000 and most of the tokens will be distributed by the staking pools. As a result, there should not be any concerns about over emission or infinite inflation using this platform. Additionally, the protocol halves the daily rewards emission every two weeks. Meaning 99% of DOKI’s supply will distribute within the next 5 months.

![](https://dexplain.com/content/images/2021/12/doki-distributuion-over-time.webp)

The important part to understand about the DOKI tokenomics is the TAX feature present in the token’s smart contract. This resembles a burn feature upon selling, but the tokens go into the treasury. Currently, this is set to zero, however, once the decentralized treasury is live token holders could vote to set a tax. Essentially, the idea is to use the TAX feature to collect development funds and remain sustainable long term.

## Looking to the future

Note that the project is only in Phase 1 of its development, so there are a lot of future upgrades to look forward to. Let’s take a quick look at what’s to come in Doki Doki Finance.

- **DTreasury**: this will be a decentralized development fund for ecosystem grants, governed by token holders. The interesting part is the treasury acquires funding by taxing any DOKI sells.
- **NFTs**: given the unique theme, [non-fungible tokens](https://dexplain.com/tag/non-fungible-tokens) in the form of retro collectibles should prove very popular. The team states this will follow an NFT mining model inspired by [Don’t Buy Meme](https://dexplain.com/what-is-meme-token-nfts-farming-guide/).
- **DSwap**: no DeFi suite would be complete without its own automated market maker. Excitingly, the team mentions new hidden features that will set them apart from [SushiSwap](https://dexplain.com/tag/sushiswap) or [Uniswap](https://dexplain.com/tag/uniswap).
- **Second Token**: Users can also look forward to farming a second token by staking DOKI, which will have an elastic supply much like [BASED](https://dexplain.com/what-is-based-money-the-defi-game-of-chicken/) or [VAMP](https://dexplain.com/what-is-vampire-protocol-gamification-of-a-stablecoin/).
- **DBank**: this product will resemble vaults enabling users to earn yield from depositing stablecoins. It will also include a decentralized insurance system.

Once the full suite of DeFi products is up and running, there should be a massive amount of value flowing into the Doki Doki ecosystem. All coming back to DOKI holders!