Dogecoin-Ethereum bridge for DeFi use remains on track

Dogecoin-Ethereum bridge for DeFi use remains on track

Michi Lumin, a Dogecoin Core developer, has tweeted about a recent meeting centered on the Dogecoin–Ethereum bridge, which is currently being built.

The Dogecoin-Ethereum bridge is a technology that allows DOGE to be transferred between the Dogecoin and Ethereum blockchains. On Ethereum, Dogecoin coins can be utilized like any other ERC-20 token, allowing them to be invested in DeFi protocols and used to purchase NFTs. This would allow Dogecoin users to use DeFi, NFTs and all of the Ethereum platform’s dApps.

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