Dogeliens is a DeFi technology created on the Binance Smart Chain (BSC). The utility meme currency DOGET powers it. DOGET is a BEP-20 coin that may be traded on any BSC DEX bridge or protocol.
A well-known DEX, such as PancakeSwap, is an example of a hand-picked DEX bridge that will allow for the immediate purchase and sale of the DOGET token in exchange for other BSC (BEP-20) tokens.
Dogeliens (DOGET) will include a metaverse, allowing it to compete in the Web3 market. This guide introduces you to the Dogeliens protocol, its native currency, DOGET, and some critical principles to remember as you explore and utilize Dogeliens.
Features of the Dogeliens Ecosystem
There is more to Dogeliens than meets the eye. Some of the most essential elements or characteristics of the Dogeliens Ecosystem are listed below. Puptopia, a play-to-earn GameFi Metaverse with exciting features and prizes, is a virtual environment created by Dogeliens. Puptopia is a stylized rendition of Dogeliens’ name or subject and is a member of the Shiba Inu (SHIB) and Dogecoin (DOGE) meme family.
The primary movers in Puptopia will be DOGET and NFTs. This strategy applies to all future Web3 protocols. Utility NFTs may be bought and sold in the Metaverse thanks to DOGET, which will facilitate this activity.
NFTs on Dogeliens’ Metaverse may be auctioned and exchanged on other NFT exchanges thanks to a cross-chain interoperability mechanism. However, this hasn’t been formally confirmed as of the writing of this sentence.
As was already indicated, the NFT market is another essential part of the Dogeliens Ecosystem. Simple NFT trading is encouraged by NFT marketplaces. As Dogeliens expands and gains speed in the DeFi region, its NFT market may eventually feature expensive collectibles.
Selling Metaverse assets requires a strong NFT market. The NFT marketplace will be powered by Binance and DOGET, a BEP-20 token that is an ecosystem component.
The token economics (tokenomics) of any DeFi protocol lets you examine the asset market value and identify the prospective tokens that could be available at any given moment.
A total of 25 billion DOGET tokens will be produced, and they will be distributed as follows: 30% for the presale, 35% for the creation of the metaverse, 15% for education, and 20% for liquidity maintenance.
Which Blockchain Network Hosts Dogeliens (DOGET)?
The Binance Smart Chain (BSC) network, which also establishes DOGET’s token standard, BEP-20, is responsible for hosting the Dogeliens ecosystem. As a result, you must use a DEX or cryptocurrency exchange that supports both DOGET and BSC tokens to swap or trade the coins conveniently.
Do Dogeliens Undergo Audits?
As of the time of writing, Dogeliens was still being evaluated to ensure it complied with the standards of the DeFi sector. At this point, using the system is totally at your own risk. You must use the site carefully or hold off until it has undergone a rigorous audit before partaking in fun!
Are Ethereum Tokens Accepted by Dogeliens (DOGET)?
Dogeliens do not accept Ethereum and NFT tokens. Additionally, as of this writing, there are no plans to permit Ethereum-based assets on its network. As a result, since Dogelien is a Binance-based (BEP) protocol, you cannot swap or exchange Ethereum (ERC) assets for those of Dogelien.
Where Am I Able to Buy DOGET?
The native cryptocurrency and meme token of Dogeliens, DOGET, is available for purchase through PancakeSwap’s private sale (presale) or open sale (IDO). It would be best if you got started with a compatible Wallet, such as Trust Wallet or Metamask Wallet.
Here’s a new project with massive potential and user-friendly features. Click the links below to join the Dogeliens ecosystem today.
Presale: https://ufo.dogeliens.io
Website: http://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
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Source: https://www.thecoinrepublic.com/2022/10/31/a-deep-dive-into-dogeliens/