KnitFinance Integrated $DOGE coin into its Multichain Wrapping Protocol in Beta
Knit Finance is happy to announce Integration of DOGE coin into its multichain wrapping platform in beta.
Knit Finance integrates $DOGE into its multi-chain platform.
$DOGE s will be tradable across multiple chains through Knit Finance.
Users can take their wrapped K-DOGE and create options to stake, lend, borrow and margin trade across multiple chains.
$DOGE users will have options to trade in more network chains in future when Knit Finance adds more network chains.
Once staking goes live users will be rewarded for staking in the form of K-Assets.
K-Assets will also be made tradeable across trading platforms in future.
Test out integration here beta.knit.finance
Please note dApp is still under development it might face issues feel free to share feedback in our telegram community.
About Knit Finance
Knit Finance is a unique web3 protocol for creating cross-chain wrappers for the top-200 assets. It delivers all-market bridges to ensure comfortable cross-chain fluidity of assets and allows institutions, developers, farmers, and traders to tap into trusted custody to mint Knit’s k tokens.
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About $DOGE coin
Software engineers Billy Marcus and Jackson Palmer created Dogecoin in late 2013. Palmer branded the cryptocurrency’s logo using a meme popular at the time that featured the deliberately misspelt word “doge” to describe a Shiba Inu dog.
“Doge really started to poke fun at Bitcoin,” said Pat White, CEO of Bitwave. In its early days, a community of enthusiasts arranged publicity stunts to raise Dogecoin’s profile, gathering funds to send the Jamaican Bobsleigh team to the 2014 Olympics, for instance, or sponsoring a NASCAR driver.
In early 2021, Dogecoin gained cult status on Reddit’s WallStreetBets message board — the prime instigator behind the GameStop affair in January — where enthusiasts had promised to propel its value “to the moon” (that was before all discussion of crypto was banned on the subreddit).