Even though market conditions in crypto remain unfavorable, builders on Dogechain keep building. Each one of the projects deploying on Dogechain is providing added utility for Dogecoin and hence, more value to the chain every day.
To continue our support for these awesome projects, last week’s Twitter Spaces focused on some well-known platforms on the chain which have been around since the beginning. That said, we didn’t disregard newcomers either and allowed them to showcase their vision to our awesome community.
You can check the recording of the Spaces here: https://odysee.com/@DogechainFamily:e/DC_SpotlightEp7:4
But if you don’t have time to go over the entire thing, below is a short write-up of the three featured projects of that evening.
YodeSwap
YodeSwap is one of the first, and most frequented decentralized exchanges on Dogechain. With one of the highest TVLs on the chain, Yodeswap has become a routine stop for anyone looking for high-liquidity DEX trades on the chain.
More than just a DEX, Yodeswap is an all-in-one DeFi solution that provides swaps, staking, and yield farming. It’s one of the first projects to provide yield farms, with $YODE, their native token as a reward for users.
The $YODE tokens can also be staked to receive rewards in $DC tokens, which additionally boosts the appeal of the platform for those that are eager to put their $DOGE to work.
Finally, Yodeswap also serves as a launch platform for new and exciting projects built on Dogechain thanks to its various integrated tools.
ChainPort
ChainPort is a next-gen hard-security custodian blockchain bridge that lets you hop across chains in just a few seconds. The bridge supports no less than 9 different chains, allowing to send tokens from one to the other with minimal friction.
Consequently, this instant multi-chain bridge provides additional on-ramps for users that wish to enter the Dogechain ecosystem. Some of its features include:
- Permissionless — Porting tokens between blockchains without intervention or limitations
- Security — Chainport secures all assets with a multi-layer technology that combines the latest breakthroughs in MPC cryptography and hardware isolation.
- Fast — with an average porting time of 2.5 minutes, it’s one of the fastest bridges in the industry.
Worth noting is that ~95% of the assets are secured in muti-sig cold vaults accessible exclusively through multiple cold wallet co-signers. All in all, these features make ChainPort an awesome addition to the ecosystem, which provides fast and secure on-and-off ramps to Dogechain from other major blockchains.
HotDoge
HotDoge is a community-driven project from a reputable team from the Cronos blockchain. Their goal is to capture the good vibes of the Dogechain community and its meme culture and provide investors with novel opportunities on our memechain.
The founders plan on building the most humble and supportive community on Dogechain and their belief is that a great community can pull any project through the darkest of times.
To support this, their roadmap showcases some cool features like:
- An NFT collection
- NFT staking
- Community DAO
- Vaults
It will certainly be interesting to see what the HotDoge devs have in store for the dogechain community and how they will add to the growing meme token culture on the chain.
Wrap-up
We wrapped another great Project Spotlight with this Twitter Spaces, as core contributor Roc Zacharias provided some insight into the markets and the future of the chain. The team discussed the potential of the upcoming veDC model and how it will play in tandem with staking to provide added value in the long term for $DC token holders.
Once again, we met some incredible builders on Dogechain which continue to provide more incentives for your community of memechainers. The future is bright shibes, and it’s on Dogechain!
Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family!
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