BNB
by BSC News
November 23, 2022
The new swap feature came with remarkable development speed and continues the team’s ethos of working to control the token’s circulating supply.
Baby Doge Swap has added a new feature which estimates the amount of Baby Doge Coin burned per swap on the platform.
The new feature only took four days to develop as the first announcement came on Nov. 18 followed by a launch on the 22nd. The Baby Doge team celebrated the quick turnaround in its Nov. 22 tweet announcement.
The team behind the popular dog-themed crypto teased a few more features in the tweet, indicating that they “are done and announcements will come soon.” There have been several new features debuted by the team as of late as the project improves on its transition to become a robust decentralized exchange.
Although the individual burn amounts will be small, the new burn feature follows a new ethos of the Baby Doge team to burn more tokens while trying to maintain the token’s circulating supply and appease users through some form of price control.
The Baby Doge community also recently voted — almost unanimously — to implement monthly burns of the token. Could this be among the new features announced by the team in the near future?
Baby Doge Swap is the acclaimed “son” of the popular meme token, DOGE. Baby Doge Swap started out as Baby Doge Coin and is a hyper-deflationary system that progressively increases its scarcity and increases its liquidity. The project is now a fully Decentralized Exchange with swaps, liquidity pools, yield farming, and more. Baby Doge considers its primary utility as building a fun meme community to spread awareness of animal adoption.
Where to find Baby Doge Coin:
Related News
Latest News
April 25, 2024
Nigeria Appoints Pro-Crypto Leader to Head SEC
April 25, 2024
BNB Chain Shows Strong Growth in Q1, 2024 Report: Key Details
April 25, 2024
Ethereum Spot ETFs Is Likely to Face SEC Denial in May: Reports
April 24, 2024
Chainlink Launches Cross-Chain Interoperability Protocol (CCIP) for General Availability
April 24, 2024
Hong Kong Bitcoin and Ethereum Spot ETFs Get Approval to Begin Trading on April 30
April 24, 2024
US DOJ Wants 3-Year Prison Sentence for Binance Co-Founder CZ
April 23, 2024
Binance’s 53rd Launchpool Project: What is Renzo Protocol?
April 23, 2024
Texas' Blockchain Association and the Crypto Freedom Alliance Sue US SEC
More News