After years of waiting, Dogecoin can now be purchased on a decentralised exchange following a successful listing by THORchain.
The native $DOGE pool is now live.
Liquidity will deepen significantly throughout the week. pic.twitter.com/nyIXsgkTHp
— THORChain #DOGEFI (@THORChain) January 17, 2022
THORchain open the door to DOGE liquidity farming
Additionally, the non-custodial offering will open new yield farming doors for diamond-handed investors looking to reap additional harvests from their stacks through a new permissionless DOGE liquidity pool.
“For years, DOGE has stood still, while DeFi exploded in other ecosystems,” he said.
“Today that changes, as DOGE reaches a new level of self sovereignty by being able to enter and exit without being KYC’ed.
“This changes the fundamentals of the asset significantly both as a store of value and as a medium of exchange.”
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.