Baby Doge Partners With 1inch as New Liquidity Source

Baby Doge Swap continues to build out its DeFi bona fides, partnering with 1inch Network to become a new source of liquidity for the DEX aggregator.

Memecoin Continues to Build on DeFi Foundation

Who says puppies and unicorns can’t get along? Baby Doge and 1inch Network have teamed up, with 1inch integrating the Baby Doge router as a new source of liquidity.

The Baby Doge team made the announcement Dec. 22 in a tweet that was retweeted by 1inch.

1inch is a Decentralized Exchange (DEX) aggregator that operates on multiple chains, including Ethereum and BNB Chain.

The partnership with 1inch strengthens Baby Doge’s growing profile in Decentralized Finance (DeFi).

Baby Doge Swap currently has the 15th most transaction volume among DEXes on BNB Chain, with $2.3 million in volume over the past seven days, according to DefiLlama.

In terms of Total Value Locked (TVL), Baby Doge Swap ranks 22nd among all BNB Chain protocols, with just over $30 million in TVL. The TVL of Baby Doge Swap has held steady since the DEX was launched in October, during a time period when the TVL of many other protocols have fluctuated or plummeted.

What is Baby Doge Swap:

Baby Doge Swap is the acclaimed “son” of the popular meme token, DOGE. Baby Doge Swap started out as Baby Doge Coin and is a hyper-deflationary system that progressively increases its scarcity and increases its liquidity. The project is now a fully Decentralized Exchange with swaps, liquidity pools, yield farming, and more. Baby Doge considers its primary utility as building a fun meme community to spread awareness of animal adoption.

Where to find Baby Doge Coin:

Website | Twitter | Telegram | Reddit | Swap |

What is 1inch:

1inch is a Decentralized Exchange (DEX) aggregator that provides higher rates by discovering the most efficient swapping routes across all leading DEXes. 1inch operates on multiple networks, including Ethereum, BNB Chain, Polygon, and Optimistic Ethereum.

For more information about 1inch, see the following official links:

Website | Twitter | Medium | GitHub |

Source : bsc.news

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