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(wDoge) is an Ethereum
ERC20 Token that represents Dogecoins in the Ethereum blockchain.
The Dogecoin-Ethereum bridge enables and guarantees 1 wDoge = 1 Dogecoin conversion.
A DAO (Decentralized Autonomous Organization) is an entity structure without a central authority, where power is distributed among its members.
Wrapped Dogecoin (wDoge) is governed by a DAO composed of leading companies and organizations in the Dogecoin and Ethereum ecosystems.
Dogecoin is the coolest coin in the world, isn't it? To make it even cooler, wDoge delivers all the power of Smart contracts/Web3 to Dogecoin.
More features mean a stronger ecosystem. Ethereum smart contracts open a world of possibilities to Dogecoin users. wDoge tokens could also be transferred to other blockchains.
For every wDoge in circulation the system keeps 1 Dogecoin locked. To mint 1 wDoge in the Ethereum blockchain, 1 Dogecoin has to be locked in the Dogecoin blockchain. To unlock 1 Dogecoin in the Dogecoin blockchain, 1 wDoge has to be burnt in the Ethereum blockchain.Learn more
Access the Web3/Defi/NFT ecosystem with your wDoge and get your Dogecoins back whenever you want. Lend wDoge on Defi projects and earn interest, use wDoge as collateral for loans, Buy NFTs.
Lend wDoges on Defi protocols. Get your wDoges back whenever you want.
Get a loan in DeFi protocols using your wDoges as collateral.
Convert your Dogecoin to wDoge.
Lend wDoges and get an interest.
Convert your wDoge back to Dogecoin.
Vitalik Buterin, Ross Nicoll and Oscar Guindzberg discuss Dogecoin, Ethereum and the bridge.