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.
Read the full analysis with a CryptoBipto membership
Members read why every story matters and the full analysis behind it.
SOURCES
- theblock.co
RELATED
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
- What is DeFi, and how does decentralized finance work?Decentralized finance explained: liquidity pools, yield farming, impermanent loss, DAOs and governance tokens, each with its own definition page.
- What is cryptocurrency, and how does it work?A simple explanation of cryptocurrency, blockchains, coins, tokens, mining and staking, with a definition page for every term used.
