Wrapped Dogecoin is a tokenized version of Dogecoin (Doge) that operates on the Ethereum (ETH) blockchain.

wDoge is compliant with ERC-20, the standard for the Ethereum blockchain, allowing it to seamlessly integrate into Ethereum's ecosystem of decentralized exchanges, crypto lending services, prediction markets, and other ERC-20-enabled decentralized finance (DeFi) applications.

Inspired by WBTC, wDoge maintains a 1:1 conversion rate with Dogecoin and ensures the same level of security.

BitGo acts as the custodian, and The Dogecoin Foundation is a member of the DAO.

Wrapped Dogecoin was officially launched on November 17, 2022.

There is no predetermined schedule for wDoge issuance. Instead, wDoge is minted or burned when users buy or sell their tokens for Dogecoin through a network of merchants and custodians.

As Wrapped Dogecoin is always backed by Dogecoin at a 1:1 ratio, the number of tokens in circulation depends on the amount of Dogecoin reserves in the wDoge network. The maximum supply of wDoge is limited by Dogecoin's circulating supply.

As of May 12th, 2023, there are 998,409.952 wDoge in circulation.

wDoge provides Dogecoin holders with access to Web3, DeFi, NFTs, and smart contracts.

Here are some examples of what you can do with wDoge:

• Use ERC-20 wallets.
• Utilize Ethereum DEXes like Uniswap.
• Purchase Own The Doge pixel NFTs.
• Utilize rich multisig wallets such as Safe.
• Create DAOs to fund Dogecoin initiatives.

Being one of the oldest and largest cryptocurrencies, Dogecoin has a substantial user base and a liquidity pool worth billions of dollars. However, its blockchain functionality is relatively basic compared to modern standards.

Ethereum, on the other hand, was specifically designed to support advanced use cases through the use of smart contracts, giving birth to the decentralized finance (DeFi) industry.

Ethereum and its derivatives offer users advanced financial instruments like lending and insurance, eliminating the need for trusted intermediaries.

By wrapping Dogecoin in the ERC-20 standard, wDoge enables the seamless integration of a Dogecoin-like asset into this advanced environment of decentralized financial applications, while also bringing the significant liquidity associated with the Dogecoin market.

Furthermore, Wrapped Dogecoin simplifies the operations for exchanges, wallets, and payment services that work with Ethereum. Instead of running separate nodes for ETH and Dogecoin networks, they can support wDoge operations with just an Ethereum node.

wDoge was co-founded by BitGo and BluePepper. The DAO members include BitGo, BluePepper, The Dogecoin Foundation, and MyDoge.

BitGo, established in 2013 by American computer scientist and entrepreneur Mike Belshe, is an institutional digital asset custody, trading, and financial services firm. In addition to being involved in the development of WBTC and wDoge, BitGo also acts as the original custodian, holding the Bitcoin and Dogecoin that back the wrapped assets.

BluePepper, founded in 2022 by part of the team that built the dogethereum bridge, focuses on creating Dogecoin tools.

You can purchase wDoge on Bitmart and Uniswap. Additionally, you can request wDoge to be minted or burned through BluePepper.

wDoge is fully collateralized by Dogecoins held by the custodian.

Wrapped Dogecoin is a tokenized version of Dogecoin (Doge) that operates on the Ethereum (ETH) blockchain.

wDoge is compliant with ERC-20, the standard for compatibility on the Ethereum blockchain, allowing it to seamlessly integrate into the decentralized exchanges, crypto lending services, prediction markets, and other ERC-20-enabled decentralized finance (DeFi) applications.

It follows a security model inspired by WBTC, ensuring a 1:1 conversion rate between wDoge and Dogecoin.

BitGo acts as the custodian, and The Dogecoin Foundation is a member of the DAO.

Wrapped Dogecoin was launched on November 17, 2022.

There is no predetermined schedule for wDoge issuance. Instead, wDoge is minted or burned whenever users purchase or sell their tokens for Dogecoin through a network of merchants and custodians.

As Wrapped Dogecoin is always backed by Dogecoin at a 1:1 ratio, the number of tokens in circulation depends on the amount of Dogecoin reserves in the wDoge network. The maximum circulation supply is equivalent to Dogecoin's circulating supply.

As of May 12th, 2023, there are 998,409.952 wDoge in circulation.

wDoge provides Dogecoin holders with access to Web3, DeFi, NFTs, and smart contracts.

Examples include:

• Using ERC-20 wallets
• Utilizing Ethereum DEXes like Uniswap
• Purchasing Own The Doge pixel NFTs
• Using rich multisig wallets like Safe
• Creating DAOs to fund Dogecoin initiatives

Being one of the oldest and largest cryptocurrencies, Dogecoin has a substantial user base and a liquidity pool of several billion dollars. However, its blockchain functionality is relatively basic compared to modern standards.

Ethereum, on the other hand, was specifically designed to support more advanced use cases through smart contracts, giving rise to the decentralized finance (DeFi) industry.

Ethereum and its derivatives offer users advanced financial instruments like lending and insurance without relying on trusted intermediaries.

By wrapping Dogecoin in the ERC-20 standard, wDoge enables seamless integration of a Dogecoin-like asset into this advanced environment of decentralized financial applications, while also bringing the immense liquidity associated with the Dogecoin market.

Furthermore, Wrapped Dogecoin simplifies operations for exchanges, wallets, and payment services working with Ethereum. Instead of running separate nodes for ETH and Dogecoin networks, they can support wDoge operations with just an Ethereum node.

wDoge was co-founded by BitGo and BluePepper. The DAO members include BitGo, BluePepper, The Dogecoin Foundation, and MyDoge.

BitGo, founded in 2013 by American computer scientist and entrepreneur Mike Belshe, is an institutional digital asset custody, trading, and financial services firm. Apart from being one of the developers of WBTC and wDoge, BitGo also serves as the original custodian, holding the Bitcoin and Dogecoin backing the wrapped assets.

BluePepper, established in 2022 by a team involved in building the dogethereum bridge, focuses on creating Dogecoin tools.

You can purchase wDoge on Bitmart and Uniswap. You can also request wDoge to be minted or burned through BluePepper.

wDoge is fully collateralized by Dogecoins held by the custodian.