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What is dogechain (Doge)?

Dogechain is a layer-2 scaling solution for DOGE built on leading Ethereum sidechain Polygon Edge. DOGE yielded nearly 30% gains to holders in the past two weeks, analysts predict a recovery in the meme coin. Dogechain is Dogecoin’s layer-2 scaling solution. Unlike typical scaling solutions, Dogechain was developed by a team on Polygon Edge.

How does dogechain work?

Dogechain operates as a Decentralized Autonomous Organization (DAO). To participate in governance activities, DC token holders must lock their tokens for up to 4 years. Holders will receive governance tokens (VeDC) relative to the number of DC tokens locked and the chosen lock-up period.

What is dogechain token ($DC)?

Dogechain token ($DC) is the second native currency of Dogechain. Where wrapped DOGE will continue to be used for gas on the chain, DC token will have utility as an incentive for staking and governance on the chain.

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