Penguin logoPenguin TradingFind value beyond consensus
← Crypto News

DogeOS announced that the mainnet is about to launch, creating a DeFi application layer for Dogecoin

The founder and CEO of DogeOS, which builds EVM-compatible application layers for Dogecoin, Jordan Jefferson, told The Block that the DogeOS mainnet is "very, very close" to launch, at which point developers will be able to build applications and DeFi functionalities on Dogecoin. He stated that the first version of development has been completed and the audit has also been finished. The current main goal of the team is to push for the launch of the DogeOS mainnet, but no specific launch date has been provided.

Jefferson mentioned that prior to this, DOGE holders had limited options beyond buying, holding, transferring, and tipping. DogeOS aims to provide more use cases, potentially including games and other ways to earn Doge. He emphasized that to make Dogecoin "a currency for more people," DeFi infrastructure is essential. Currently, over 100 developers are involved in related projects, and the team is providing support and advancing integration with wallets, exchanges, and other protocols.

This progress follows the launch of Dogecoin Labs last month, which brings together developers and products from DogeOS, the Dogecoin Foundation, and House of Doge. Jefferson stated that Dogecoin is too large to rely solely on donations forever, and Dogecoin Labs aims to provide financial support for core developers.