CoinVoice has recently learned that DogeUni will implement the Meme20 protocol on Dogecoin. Meme20 combines the advantages of standard protocols like ERC20 while incorporating the features of the Dogecoin chain, providing the community with a simple, efficient, and decentralized method for token issuance and management.
The launch of Meme20 marks a significant innovation in the Dogecoin ecosystem, expanding its functionality from simple payment and tipping to diverse application scenarios such as tokenization and DeFi. Through Meme20, users can freely create tokens and participate in innovative scenarios like decentralized finance and NFT trading.
Innovation of Meme20 on the Dogecoin chain:
1. Low-cost minting
2. Decentralized liquidity support
3. No need for smart contracts
4. Cross-chain support
5. Community-driven
6. Enhanced asset liquidity [Original link]