DogeOS opened the public testnet of its EVM-compatible application layer for Dogecoin on September 30. Fees on the testnet are paid in DOGE. Several teams are already building on the infrastructure: a lending protocol (Superposition Finance), a perpetual exchange (Derps), a collateralized stablecoin (USDoge), and a prediction market aggregator (Snag). There is no set date yet for the mainnet launch, the live version running with real money. Dogecoin has fallen roughly 75% from its all-time high, despite the launch of multiple Dogecoin ETFs.
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