As we still have market instability due to regulation and some other factors, we see some project teams still continue to build and by the time the market will stabilize it going to be a win-win situation for the users and the team.

Let's check in #Dogechain

Dogechain has engaged in significant upgrades to the infrastructure, while they managed to onboard some very interesting projects on the chain at well. The chain was released to surcharge #Dogecoin and open the coin holders to leverage on D3Fi, NFTs and GameFi. In addition, there have been some major governance votes in the ecosystem.

On-chain Statistics⛓️

The Dogechain network is growing steadily

  • 96,122,219 transactions with an average of 47.5k transactions/day.

  • 13,226,395 wallets

  • 13,794,336 total blocks.

DC staking stats 🔐

  • DC Circulating Supply — 17,679,807,765

  • Current DC Locked — 3,056,999,020

  • % of DC Locked — 17.29%

  • Average Lock Time — 3Y 8M

Governance Updates 🗳️

In May 2023, Dogechain Ecosystem went through two significant governance votes.

Proposal 1 — The Tiered Burn Proposal & Proposal 2 — Quorum Threshold Removal

Dogechain official website presently has 8 features which are:

  1. Bridge

  2. Staking

  3. Account

  4. Governance

  5. Explorer

  6. Dogechain Swag

  7. Build A DOGE Workshop

  8. Batch Transaction Tool

Wrap-up 🌯

The above information revealed there is a lot going on at Dogechain and if you check the official website, the developer team has made some pretty cool additions to the infrastructure and also onboarded a few blue-chip projects.

Dogechain team indeed are thirsty for more growth and hopefully, more incredible updates and partnerships are coming.

#DOGE