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
I don't even think people wanna waste their money to trade WDOGE just to pay the fees
DOGE can't be used directly for smart contracts because its scripting language is limited. The fact that developers have abandoned the project altogether, tells us that adapting DOGE for smart contracts is nothing more than a distant dream. Creating a "Wrapped" version of DOGE on an existing smart contract platform would be the ideal solution here. A legitimate "WDOGE" token on the ETH blockchain would do the trick. Yet, no developer has been interested in making it a reality because of the lack of demand for DOGE-related smart contracts. People only rely on Dogecoin as a speculative instrument anyways. At least, the idea is there. Making it a reality is another story.
Nonetheless, no one knows what will happen in the future. Everything will depend on mainstream adoption, more than anything else. If DOGE remains popular in the mainstream world, there's a possibility someone will create a "Wrapped" version of DOGE on an existing smart contract platform. It doesn't matter which cryptocurrency it is, as long as the same is useful for the world. We already have "Wrapped Bitcoin" so adding "Wrapped DOGE" to the market would be something optional than necessary for the industry to thrive. Just my thoughts
