CORE
by BSC News
March 27, 2023
Moondogs plans to list the $WOOF token on all DEXes before pushing for a CEX listing.
Moondogs has partnered with ArcherSwap, the fastest-growing Decentralized Exchange (DEX) on the Core DAO network.
The strategic partnership ensures that Moondogs’ native $WOOF token is available for core users on the DEX. Users can purchase the token on the Core-based DEX, including LFGSwap and ShadowSwap. Moondogs tweeted about the partnership on March 26.
Speaking to BSC News, the Moondogs team disclosed that the move would ensure that more Core enthusiasts are exposed to the $WOOF token. Further, it will pave the way for more DEX listings and a potential listing on a Centralized Exchange (CEX)
“The aim is to increase the accessibility as much as possible and at the same time get more people aware about the WOOF token,” the team wrote. “First, we want to get it available on all the DEX, and then there will be CEX listings. With OpenWaters just around the corner, WOOF will have a lot of use cases once our NFT Marketplace is ready.”
Users can now provide WOOF/CORE liquidity on ArcherSwap and earn rewards. Additionally, WOOF farms will be added by the DEX shortly. ArcherSwap partnership is a significant step for Moondogs toward more adoption in the Core ecosystem.
According to DeFi Llama, ArcherSwap is the second-largest DEX by TVL on Core. The protocol’s TVL has also increased by over 300% in the last seven days and is on course to becoming the top DEX on the Satoshi Plus Consensus chain.
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.
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