Buy Dego Finance (DEGO)
What is Dego Finance?
Dego Finance is a decentralised finance (DeFi) project that integrates non-fungible tokens (NFTs) and DeFi elements to create a comprehensive NFT ecosystem. It allows users to create, mine, auction, and trade NFTs across multiple blockchains, offering a modular, cross-chain infrastructure for blockchain projects.
How does Dego Finance work?
Dego Finance operates on the Binance Smart Chain (BSC) after transitioning from its initial launch on the Ethereum blockchain. It employs a Proof-of-Stake Authority (PoSA) consensus mechanism for validating transactions. The platform offers an NFT Foundry for minting, NFT Mining, and FOMO3D-style auctions, using its smart contracts for executing these operations. It plans to expand to Polkadot and launch on the DEGOCHAIN mainnet for enhanced cross-chain functionality.
What are the potential use cases for Dego Finance?
Dego Finance's use cases include NFT creation and management, participation in governance through DEGO tokens, and as an incubator for DeFi applications like yield aggregation, lending, and insurance. Additionally, the platform serves as an NFT marketplace, facilitates GameFi, and acts as an incubator for web3 innovations. It explores sectors such as digital art, gaming, and broader DeFi implementations.
What is the history of Dego Finance?
Founded by an anonymous team, Dego Finance launched in September 2020 on Ethereum and later moved to Binance Smart Chain. It achieved significant milestones such as a token pre-sale, various airdrops, and managed to navigate challenges like a major hack in 2022 that led to token migration. Dego Finance has evolved into an incubator for emerging projects, supporting narratives in DeFi and blockchain, with significant market presence and technology development over time.
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Frequently Asked Questions (FAQs)
What is the current price of Dego Finance (DEGO)?
The Dego Finance price is $4.5894 AUD, representing a +4.18% from the day prior.
Where is the best place to buy Dego Finance (DEGO) in Australia?
The best place to buy Dego Finance (DEGO) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Dego Finance (DEGO) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Dego Finance (DEGO)?
The trading volume of Dego Finance (DEGO) is $12.9M AUD in the last 24hrs, representing a +4.18% from the day prior.
How can I buy Dego Finance (DEGO)?
Dego Finance (DEGO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Dego Finance (DEGO)?
The current market cap of Dego Finance (DEGO) is $95.0M AUD.
Can I convert Dego Finance (DEGO) to cash?
Yes - With Coinstash you can convert your Dego Finance (DEGO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Dego Finance (DEGO) are there?
The current circulating supply of Dego Finance (DEGO) is 21.0M.
Is Coinstash a safe place to buy Dego Finance (DEGO) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Dego Finance (DEGO) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.