While cryptocurrencies brought decentralization to all traditional industries, most have tilted towards centralization. Meanwhile, the dog-themed meme coin, Dogeliens (DOGET), aims to bring back true decentralization and offer knowledge of blockchain technology.
Can it beat the successes of already popular decentralized tokens like Ethereum (ETH) and Curve DAO Token (CRV)? Continue reading to find out.
Dogeliens: The Pup Master Of Decentralized Finance
Dogeliens (DOGET) is the newest member of the meme coin family. The dog-themed coin is a BEP-20 token that governs the Dogeliens (DOGET) ecosystem. The ecosystem is vast and fully decentralized.
Dogeliens (DOGET) features a peer-to-peer platform where users can securely exchange their currencies at considerably reduced fees without interference. Users can also trade and stake their DOGET tokens for more rewards.
Furthermore, Dogeliens (DOGET) is an open-source platform. Therefore, the source code is accessible to the public and can be modified by any user according to their needs.
Other features of the Dogeliens (DOGET) ecosystem include its crypto-learning platform, the University of Barkington, and its metaverse, Puptopia.
Dogeliens (DOGET) charges 10% on all transactions on its platform. 4% of the generated revenue will go to all active DOGET wallets, while 3% will be channeled toward development and liquidity.
Dogeliens (DOGET) also has a DAO community that focuses on developing the platform. The community also decides on the usage of its 3% charity wallet. This decentralized structure enables the platform to operate without centralized authorities.
Curve DAO Token: The Decentralized AMM Currency
The Curve DAO Token (CRV) is an ERC-20 token that fuels the Curve Finance ecosystem. Curve Finance is a blockchain-based decentralized exchange (DEX) that uses an automated market maker (AMM) to control its liquidity pool. The crypto platform eases the exchange of different ERC-20 tokens and stablecoins like DAI.
It offers competitive trading with low slippage rates and exchange fees and connects users to traders with the best exchange rates.
Furthermore, the trading platform serves those looking to maximize returns without risk by holding relatively non-volatile stablecoins and those engaged in DeFi activities, such as yield farming and liquidity pools.
The Curve DAO Token (CRV) facilitates affordable trading fees on the Curve DEX platform, which are then distributed to liquidity providers.
The token also governs the Curve DAO community and allows holders to vote on proposals presented to the crypto community.
Given the growth of decentralized finance and the potential of the Curve protocol as an AMM and liquidity provider, the Curve DAO Token (CRV) has kept afloat with prospects for further applications in DeFi, despite the current volatility in the cryptocurrency market.
Ethereum: The Pioneering Smart Contract Currency
Ethereum (ETH) is an open-source blockchain platform capable of performing nearly all decentralized activities, from executing smart contracts to transferring digital currencies and non-fungible tokens (NFTs).
Developers utilize the Ethereum (ETH) network to run decentralized applications (dApps) and issue entirely new crypto assets, known as ERC-20 tokens.
Hence, the Ethereum blockchain allows developers to build applications different from traditional internet applications and create or generate digital currencies with real-world value.
These decentralized applications enjoy the security of Ethereum’s Proof-of-Stake (PoS) consensus mechanism and its Solidity programming language.
Users on the Ethereum network use its native coin, Ether (ETH), to pay transaction fees, called gas. Ether (ETH) can also transfer value like Bitcoin (BTC) with the added advantage of running smart contracts.
Consequently, users can use Ether (ETH) to mint ERC-20 tokens and NFTs, build dApps, and stake on the platform, unlike Bitcoin (BTC).
The new cryptocurrency, Dogeliens (DOGET), has all it takes to take the crypto market by storm upon launch. It features a peer-to-peer exchange platform and a DAO community like the Curve DAO Token (CRV). It also supports decentralization and staking like Ethereum (ETH).
These features demonstrate Dogeliens’ (DOGET) viability in the cryptocurrency market. Although still in its pre-sale, its intrinsic value might help it become one of the most successful coins in the market.
Visit the links below to participate in the Dogeliens (DOGET) pre-sale:
Presale: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
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Source: https://www.thecoinrepublic.com/2022/10/28/can-dogeliens-surpass-the-successes-of-ethereum-and-curve-dao-token-after-launch/