Dego Finance

Dego Finance, which started in 2020, is a decentralized platform that merges tools from non-fungible tokens (NFTs) and decentralized finance (DeFi). It operates as an independent and open NFT ecosystem.

For further insights into this initiative, you might want to explore our comprehensive analysis of Dego Finance.

Anyone can create an NFT and start mining, holding auctions, and trading, essentially covering the entire product lifecycle. Dego's NFT protocol acts as a cross-chain, second-layer framework for Blockchain projects, useful for gaining users and distributing tokens.

Dego employs a modular design approach, combining different aspects of a product into subsystems that have distinct functions.

The creators of Dego Finance are a team that has chosen to stay anonymous as of March 2021.

Dego Finance is a unique, open NFT platform where anyone has the ability to issue NFTs and begin mining, auctions, and trading.

Members of the Dego community have the chance to propose and elect ambassadors. The ten volunteers with the most votes become Dego ambassadors and receive a special Dego Ambassador Medal NFT, which allows them to represent Dego at industry events.

DEGO tokens, which are ERC-20s, are created through liquidity mining. These tokens represent the governance and equity within the Dego ecosystem. Token holders can engage in community proposals, voting, and receive ongoing dividends. Dego utilizes a fair distribution model without private investments or pre-mining.

As of March 2021, there are 8,607,383 DEGO tokens in circulation, with no upper limit on the supply being specified.

Security audits for Dego Finance have been conducted by the blockchain security company Beosin. The Dego algorithm benefits from blockchain technology's inherent immutability and adheres to an algorithm-first decentralization doctrine.

You can trade Dego Finance (DEGO) on these exchanges:



* Binance
* Hoo
* KuCoin
* Gate.io
* Uniswap (V2)

For more information, you can read our guide on how to buy Bitcoin.