Buy POOH

What is POOH?

POOH is a decentralised, open-source meme coin built on the Ethereum blockchain. Designed as a community-driven and deflationary digital currency, POOH aims to be a fast, secure, and low-cost way to send and receive digital currency payments. It launched stealthily with no presale, zero taxes, and 95% of its supply initially in a liquidity pool, with keys burnt and the contract renounced.

How does POOH work?

POOH operates as an ERC-20 token on the Ethereum blockchain, leveraging Ethereum's Proof of Work (PoW) consensus mechanism. It uses smart contracts built with OpenZeppelin's templates, which include ERC20, ERC20Burnable, ERC20Permit, and ERC20Votes contracts. These contracts enable fast, secure transactions and governance capabilities within the POOH ecosystem.

What are the potential use cases for POOH?

POOH primarily serves as a meme coin for entertainment within the cryptocurrency community. Its use cases include speculative trading on various exchanges and storage in compatible wallets like MetaMask. Although not explicitly designed for real-world applications, POOH is part of the decentralised finance (DeFi) ecosystem, engaging users through social media and decentralised community movements.

What is the history of POOH?

POOH was launched in April 2023 by anonymous developers. Inspired by the animated character Winnie the Pooh, the project began with a stealth launch, no presale, and burned liquidity pool keys. The coin has been listed on several exchanges and supported by DeFi wallets. The POOH DAO, a decentralised community, allows all token holders to participate in decision-making and proposal voting. The coin has achieved significant growth, with a large circulating supply and market cap noted shortly after its launch.