Post
Topic
Board Altcoin Discussion
Re: Wrapped Doge?
by
asriloni
on 19/03/2021, 23:11:22 UTC
Does a legitimate "Wrapped DOGE" token exist on the ETH blockchain? Do you think "wrapping" Dogecoin on a smart contract platform is a good idea? Will it gain enough liquidity/trading volume over time? Or will it go all the way down the drain? Your input will be greatly appreciated. Thanks Smiley
It doesn't exist on ethereum chain. It could be a good idea but the main concern should be the tx fees of doge is quite cheaper compared ethereum and why don't use doge directly instead use wrapping doge coin? if it's only caused by uniswap or another swap protocol and that could not be a good reason to issue the wrapped doge coin.
I don't even think people wanna waste their money to trade WDOGE just to pay the fees