Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: evelynnn on October 31, 2022, 08:10:47 AM
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An EVM-compatible layer-2 blockchain called Dogechain (Trade DC with MEXC Global) promises to enhance the original Dogecoin cryptocurrency. Dogechain, a proof-of-stake blockchain, attempts to harmonize with the original joke cryptocurrency by increasing Dogecoin's functionality with smart contracts while also bringing scalability, security, robustness, and utility to Dogecoin. On the MEXC Digital Asset Introduction page, you may find some basic information on the dogechain token. Check out the DC announcement to learn how to win DC through our referral program.
Core Features of Dogechain
Dogechain's primary objective is to expand the use cases for Dogecoin by giving it much-needed utility. To accomplish this, Dogecoin users only need to wrap their $DOGE into Dogechain smart contracts in order to receive $wDOGE PoS tokens. Users will be able to access an ecosystem of DeFi products, NFTs, and GameFi using $wDOGE tokens, which are based on the Dogechain blockchain and indirectly supported by their original $DOGE tokens. The following technological features are required for this utility enhancement:
- Community users can participate in the network's Proof-of-Stake (PoS) consensus, which guarantees a permissionless and decentralized blockchain.
- EVM-compatible: Existing Ethereum smart contracts can easily be migrated to Dogechain without requiring any further modification.
- Decentralized Governance: Members of the community (token holders) can submit proposals, assign authority, cast votes on blockchain-related issues and events, and participate in governance processes.
- Cross-chain compatibility: Dogecoin can be easily utilized on the Dogechain network by wrapping the Dogecoin via the Dogechain bridge, and sent back to the Dogecoin network as needed.
How to buy Dogechain (DC)?
You can buy Dogechain (DC) on MEXC by the following the steps:
Log in to your MEXC account and click [Trade]. Click on [Spot].
Search “DC” using the search bar to see the available trading pairs. Take DC/USDT as an example.
Scroll down and go to the [Spot] box. Enter the amount of DC you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy DC] to confirm your order. You will find the purchased DC in your Spot Wallet.