DogeUni will implement the meme20 protocol on Dogecoin

ChainCatcher news, DogeUni will implement the meme20 protocol on Dogecoin. Meme20 combines the advantages of standard protocols like ERC20 while incorporating the characteristics of the Dogecoin chain, providing the community with a simple, efficient, and decentralized way to issue and manage tokens.

The launch of Meme20 marks a significant innovation in the Dogecoin ecosystem, expanding its functionality from mere payment and tipping to diversified application scenarios such as tokenization and DeFi. Through Meme20, users can freely create tokens and participate in innovative scenarios like decentralized finance and NFT trading.

Innovations of Meme20 on the Dogecoin chain:

1. Low-cost minting

2. Decentralized liquidity support

3. No need for smart contracts

4. Cross-chain support

5. Community-driven

6. Enhanced asset liquidity