Dogechain is an EVM-compatible Proof-of-Stake blockchain based on Polygon Edge that aims to increase the use cases of $DOGE. Dogecoin holders can wrap their $DOGE into Dogechain smart contracts and receive $wDOGE PoS tokens in return. $wDOGE tokens live on the Dogechain blockchain and will allow users to access an ecosystem of DeFi products, NFTs and GameFi, all indirectly powered by their original $DOGE tokens.
In addition to $wDOGE, Dogechain introduces a native cryptocurrency - the Dogechain token ($DC). This community-focused token serves as a primary governance token for the Dogechain blockchain. As the blockchain stabilizes, $DC will become the “go-to token” for fueling transactions, smart contracts, and dApps.