#Dego Finance (DEGO) is a decentralized token that mixes NFTs (non-fungible tokens) and DeFi (decentralized finance). Launched in September 2020, it works on blockchains like Ethereum, Binance Smart Chain, and Polkadot. It’s an open platform where anyone can create, mine, auction, or trade NFTs. Here’s all about DEGO in simple words:
What is DEGO Used For?
Governance: Vote on platform rules and updates with your DEGO.
NFT Creation: Use DEGO to make, mine, auction, and trade NFTs.
Staking: Lock DEGO to earn rewards.
Trading: Buy, sell, or trade DEGO on Binance for profit.
Key Features:
Cross-Chain: Works on Ethereum, Binance Smart Chain, and Polkadot for flexibility.
NFT Ecosystem: Includes NFT Foundry (create NFTs), NFT Mining (earn rewards), and Treasureland (trade NFTs).
Fair Launch: No pre-sale or private sale, open to all.
Dividends: Half of transaction fees go to DEGO holders as rewards.
Token Details:
Total Supply: 21 million DEGO.
Circulating Supply: ~21 million (as of June 2025).
Market Cap: ~$60-70 million, ranking ~#700 globally.
Price: ~$2.90 (check Binance for live prices).
Fun Facts:
Listed on Binance on March 10, 2021, with a 734x oversubscription on Launchpool!
Hit an all-time high of $33.82 but is lower now.
Moved to Binance Smart Chain for lower fees, burning 1 million DEGO on Ethereum.
Passed security audits, making it safer to use.
DEGO is a unique token blending NFTs and DeFi, perfect for creators and investors. Watch out for market risks!
