DINO (Decentralized Incentive Node Oracle) “Incentives for the DEFI Economy.” White Paper v1.0 An open source decentralized code auditing network with a yield farming-based focus. Join us on Medium, Twitter & Telegram. Abstract: We believe in the future of decentralized finance led by a tokenized economy. DINO will propel the vision of a decentralized future and reward those who are active in providing vulnerability solutions in DeFi smart contracts. Our platform will carry this out by (1) enabling anyone to host and manage code audit campaigns by submitting bounties, and disbursing payments to members who submit successful solutions (2) enabling users to participate in their bounty program (3) automating the process of reviewing bounty task submissions via third party reviewers. Successful campaigns will offer DINO tokens in exchange for completed tasks. Organizations will utilize bounties as a means to recruit community members to complete tasks in exchange for receiving a reward. The current options for open source DeFi (decentralized finance) projects such as YAM protocol have failed to incentivize community members to properly audit their smart contracts effectively and thoroughly resulting in thousands in revenue being permanently bricked. We intend to save the community from future problems that may occur and to ensure maximum comfort and safety while staking their valuable tokens. With the current system community members are expected to help with zero reward or incentive and act out of sheer good will. Ensuring that all bounties have been completed accurately can be a difficult feat without proper community exposure. Our platform will attract the best developers in order to secure proper auditing of smart contracts before permanently released into the DeFi ecosystem. DINO will be a one stop platform for the DeFi auditing space for hosts and bounty hunters alike to collaborate in a mutually beneficial arrangement. Teams will be able to efficiently and quickly disburse payments to contributors who have fulfilled the requirements of any bounties using the DINO token. A verification process and reputation system will be built in to verify that each task was successfully completed before payment is distributed. Table of Contents Summary .................................................................................... 5 Introduction ............................................................................ 5 Vision .................................................................................... 6 Examples ............................................................................... 7 Our Solution .......................................................................... 8 Dino Token ................................................................................ 9 Distribution ............................................................................. 9 Yield Farming ........................................................................... 9 Flash Sale Phase ..................................................................... 10 Contribution Process ........................................................ 10 Contribution Significance .................................................. 12 How to Participate ........................................................... 12 Token Allocation..................................................................... 13 Breakdown ....................................................................... 14 Development Roadmap ................................................... 15 Disclaimer ................................................................................ 16 Risks ...................................................................................... 16 Disclaimer ............................................................................. 17 Introduction Currently there are many forms of code audit systems out in the real world that find vulnerabilities and errors in software. All of these platforms have seen a massive increase in popularity over the past decade allowing people to make a full-time income from participating in such activities. Bounty programs are also used heavily by ICO start ups allowing the community to take over and find any flaws in smart contracts. In early 2017 the ICO craze involved many blockchain entrepreneurs raising more funds through initial coin offerings (ICOs) than through traditional venture capitalist investments. So far in 2020 we have seen an even higher exponential interest in the decentralized finance industry which offers rewards in form of a token for locking up already established popular cryptocurrency coins. Code auditing campaigns currently are highly centralized and unprofitable giving zero interest to those acting in good faith and leaving them increasingly vulnerable to bad actors. DINO solves these problems with a decentralized bounty hunting network and an automated “assert” style review system for submissions. Vision In the short term, we will develop a simple yield farming DApp and a trustless platform where bounty hunters will be able to receive payment in tokens in exchange for completing bounty tasks for DeFi DApps (Decentralized Applications). With hundreds of new projects being launched almost on a weekly basis our platform will further strengthen trust and the DeFi community overall. Bounty hunters today participate by taking time to find the popular projects themselves through Github, twitter or by other means. None of which are an effective marketing solution for developers attempting to gain exposure when launching a new DApp with potential vulnerabilities. Genuinely good start-up bounty campaigns are virtually non- existent in the current DeFi space. Bounty hunters have to spend countless hours, scavenging complex code for a chance to find errors which in most cases may not be found until the DApp (Decentralized Application) is launched and by then it is often too late. Examples In recent news the yield farming protocol YFV was discovered to have severe contract flaws. It was discovered only after the product had launched that the owners had the possibility to lock up tokens in the pool. This caused the token to crash in price and critically damage the projects future reputation. Our Solution Provide a platform where developers and code auditors can quickly adapt and find vulnerabilities in yield farming DApps. Incentivize payment to bounty hunters through EGGS claimed by staking DINO. DINO Token 1 million DINO tokens (DINO) have been minted in the genesis contract. DINO will be distributed during a flash sale initially. The DINO token currently holds zero intrinsic value and will be up to the community to decide its value in the space. The DINO token will have 2 primary purposes on the platform: 1. EGG will be rewarded for staking DINO on the first ever fully audited yield farming DApp. 2. DINO eggs (EGG) will be used for code audit payment. DINO Token Distribution The launch of DINO and the corresponding token creation process are organized around smart contracts running on the Ethereum network. The DINO genesis contract has minted a total of 1 million tokens. Our main flash donation sale will last from 3pm to 6pm UTC on September 5th 2020. Once finalized there will be no further distributions for the coin other than the airdrop. The next phase involves an airdrop to active members of the community. Yield Farming Our yield farming platform will function by requiring a staking minimum of at least 1,000 DINO tokens. Every 24 hours staked you will be awarded a matching amount in DINO Egg (EGG) Tokens at a 1:1 ratio. (Ex. Stake 1000 DINO earn 1000 EGG). Flash Sale Phase During the flash sale period DINO (Dino DeFi) will be accepting contributions. Initially we intended to launch a token sale on the website but due to potential threats we have decided to move the process over to our official discord channel. We want to avoid website issues such as the site crashing, gas wars, DDOS attacks or phishing campaigns to make sure our community is kept as safe as possible. Contribution Process At exactly 3pm UTC on September 5th 2020 a channel will be opened up similar to our airdrop system titled “Flash Sale” and there will be a google form questionnaire to fill out in order to donate. Those who send Eth without filling the form will have their funds returned minus the gas fee and will not receive any tokens. Be sure to double check the network address to which you are sending Eth. It will be pinned in the flash sale channel as well as stated on the form. If at anytime you are unsure please without hesitation direct message the admin. Our support staff will also be on standby during the sale, we encourage community members to ask any questions. Due to the exponential growth and interest in our project, we are doing everything in our control to make sure everyone has a fair shot of getting into our flash sale round, thus we have capped contributions at 5 Eth maximum per individual. The donations will be split into tiers each with their own perks and a cap. Minimum contribution will be 1 Eth. Once the overall cap has been reached, we will no longer be accepting contributions. DINO is pegged at 16 cents per token. Tier Contribution Perks DINO (approx.) 1 1 Eth Donator Title 3,000 Donator Chat 2 2 Eth Donator Title 6,000 Donator Chat 12 Hour Early Access to Main Net Yield Farming 3 3 Eth Donator Title 9,000 Donator Chat 1 Day Early Access to Main Net Yield Farming 4 4 Eth Donator Title 12,000 Donator Chat 3 Day Early Access to Main Net Yield Farming 5 5 Eth (CAP) Donator Title 15,000 Donator Chat 5 Day Early Access to Main Net Yield Farming Disclaimer: You are purchasing the perks and not the tokens. Any tokens that may be received as a result of donating are given for free and hold zero intrinsic value Flash Sale Funding Funding raised from the flash sale will go towards smart contract deployment, hosting and other resources that are rather costly. Proceeds from the donation flash sale will go towards getting our platform up and running quick as possible. We will be keeping you updated as to the specific details of the donation phase as we continue to grow. Tokens that may be sent to the donator wallets are a result based on the Ethereum networks functionality and are to be only a symbol of appreciation for donating to the open source project and hold zero intrinsic value. All donations to be made are final. It is the donators responsibility to do their own due diligence in making sure they are allowed to make donations in their current jurisdiction. How to Participate? Our main hub will be a tightly knit exclusive community centered around a core discord server. This is a small- scale project which is the first of its kind with a vision to expand as we progress. Keep updated in our official discord channel, twitter & telegram. Token Allocation The distribution of the tokens is as follows. ➢ 30% Airdrop ➢ 10% Donation Round ➢ 20% DINO Team ➢ 40% liquidity providers, Uniswap listing, Marketing Token Supply Metrics Team Flash Sale Airdrop Liq Pool, Marketing, Listing The purpose of the team tokens is to hold future bounty campaigns, rewards, balance the natural supply and circulation of the token and for taking on future team members. Team 20.00 percent of the total DINO supply will be allocated to team members and is subject to a 3 month vesting period. Flash Sale 10.00 percent of the total DINO supply used towards developing & finalizing the product. Airdrop 30.00 percent of the total supply will be airdropped to the confirmed 1075 addresses. 279 DINO tokens distributed per air drop address. Liquidity, Listing & Marketing 40.00 percent of the total supply will be used for Uniswap listing and providing liquidity. Official DINO Development Roadmap •Flash sale phase •Build the initial framework for •Automate review process of •Air drop phase the DApp environment DeFi DApp code auditing •Yield farming test net •Hire additional developers and •Implement extra features on •Launch yield farming DApp team members our DApp •Build referral program to •Add more bounty tasks market the platform •Add public lists of upcoming bounty campaigns Q3 2020 Q4 2020 Q1 2021 Contribution Period Risks: DINO (Dino DeFi) coins are not securities, equity or profit-share mechanisms. Coin sale members should understand the risk of purchasing coins and read this DINO whitepaper in full before participating. DINO staff are available to answer any questions over our official discord server. Technical Risk: DINO (Dino DeFi) contract is based on the ERC20 standard. All efforts will be made to ensure the contract is free from technical errors but once submitted to the Ethereum network, it is unable to be modified. Contributors should be intimate with Ethereum and blockchain technology to understand these risks. Contributors should understand the risks around private key storage and transmission. Hackers and criminal intervention: The DINO donation contribution contract address will be made via our official discord channel. History has shown that sometimes criminal elements attempt to take over computer and email servers in order to trick people into sending money to the wrong address. This may include social engineering. DINO will implement all best practice security measures to thwart potential attacks. Contributors must make all reasonable efforts and follow all instructions from DINO to ensure they are dealing with the correct contract address. Contributors should not use any smart-contract address published outside of https://Dino.finance or our official discord as it could be a scammer pretending to represent the official Dino community. Buyers should follow all security best-practice procedures as directed by DINO. Tax & Regulatory risk: The coin buyer must conduct their own due diligence to ensure that the jurisdiction they operate in complies with all local laws regarding cryptocurrency, tax, securities and other regulations. The DINO donation contribution period may in the future be subject to local regulation. Disclaimer The site and the services, and all of the content, information and materials posted on or provided by or through the site or the services are provided on an "as is" and "as available" basis, without warranty of any kind, express or implied, including without limitation, any warranty of accuracy or fitness for a particular purpose. by using the site and/or the services, you agree to use your own judgment, caution and common sense in managing all content, information, and materials offered and you agree that any use you make of such content, information or materials is at your own risk. DISCLAIMER: DISCLAIMER This material is provided by the open source community of DINO (“DINO”, the “Open Source Project”), for informational purposes only, and is not an offer or a solicitation to buy or sell any securities or other financial instruments. By purchasing DINO, you agree that you are not purchasing a security or investment and you agree to hold the teams harmless and not liable for any potential financial loss. Tokens are not intended for speculation and afford the holder no rights in, or claims to, any of the assets of DINO or to in any way share in any profits that DINO may achieve. Interested parties acknowledge agreeing to the Privacy Policy, and Terms and Conditions. This document is subject to change and must be accompanied by the previously agreed to documents, which remains in effect regardless of purchase decisions. This paper describes the current vision for the DINO Platform. While we intend to attempt to realise this vision, please recognise that it is dependent on quite a number of factors and subject to quite a number of risks. It is entirely possible that the DINO open source platform will never be implemented or adopted, or that only a portion of our vision will be realised. We do not guarantee, represent or warrant any of the statements in this paper, because they are based on our current beliefs, expectations and assumptions, about which there can be no assurance due to various anticipated and unanticipated events that may occur. Please know that we plan to work hard in seeking to achieve the vision laid out in this paper, but that you cannot rely on any of it coming true. Blockchain, cryptocurrencies and other aspects of our technology and these markets are in their infancy and will be subject to many challenges, competition, regulation and a changing environment. 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