
DOSE (DOSE)
Key data
updated $0DOSE is the utility token of Olive, a move-to-earn fitness app that rewards users for working out. Its ticker is DOSE. In simple terms, it's the in-app currency you earn by staying active and can spend on gear, upgrades, and other features within the ecosystem.
Frequently asked questions
What is DOSE and how is it different from other fitness tokens?
DOSE is the native token of Olive, a move-to-earn platform where exercise is tracked and rewarded on-chain. Unlike many similar projects, Olive focuses on a variety of workout types rather than just walking or running. The token serves as both a reward and a medium of exchange inside the app.
How does DOSE work technically?
DOSE lives on the Avalanche blockchain, which uses a Proof-of-Stake consensus mechanism. This means transactions are fast and fees are low compared to older networks. Smart contracts automatically handle reward distribution when you complete workouts.
How is DOSE issued and distributed?
DOSE has a fixed maximum supply, with tokens released gradually according to the project's vesting schedule. A portion goes to the team and investors with lockups, while the rest is allocated to rewards, the treasury, and community incentives. Emissions from move-to-earn rewards are typically controlled to manage inflation.
How can I store and use DOSE?
Since DOSE is an Avalanche-based token, you can store it in any wallet that supports Avalanche, such as MetaMask or the Core wallet. Within the Olive app, you use it to buy and upgrade NFT gear, unlock features, and access challenges. You can also trade it on decentralized exchanges on Avalanche.