Daily Trade News

THORChain brings DeFi yields and swaps to DOGE By Cointelegraph




Cross-chain liquidity network THORChain has enabled support for (DOGE) — bringing a new suite of decentralized finance (DeFi) capabilities to the popular memecoin.

Beginning this week, users have the ability to swap DOGE or earn yields on their DOGE holdings using THORSwap, a non-custodial decentralized exchange. In practice, this means users can swap DOGE for native assets such as (BTC), Ether (ETH), (BNB), (LTC) and stablecoins such as (USDT), (USDC) and Binance USD (BUSD). All swaps between THORChain assets, including DOGE, can be completed in one step without the need to bridge, wrap or peg assets.