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DogeOS CEO Says DeFi Features and App Layer for Dogecoin Are Nearly Ready

(2 hours ago) · 1 source · Summarized by CryptoBipto

The CEO of DogeOS has stated that the project is "very, very close" to launching decentralized finance features and an application layer built on top of Dogecoin. The announcement suggests that Dogecoin could soon support smart contracts and DeFi functionality similar to what exists on other blockchain networks.

WHY IT MATTERS

Dogecoin is one of the most well-known cryptocurrencies, but it has traditionally been limited in what it can do — mostly just sending and receiving coins.

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SOURCES

  • theblock.co

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