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Dego Finance priceDEGO
Dego Finance price calculator
More cryptocurrencies calculator >Dego Finance price live data summary
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About Dego Finance (DEGO)
What is Dego Finance (DEGO)?
DEGO Finance is a decentralized platform that combines NFT and DeFi tools. Its whitepaper describes the protocol as an open and independent NFT ecosystem that attracts users to the blockchain space. The NFT suite offers services covering the NFT lifecycle, allowing anyone to issue, auction, and trade NFTs. DEGO Finance supports the spirit of decentralization, openness, liberty, and growth.
How does Dego Finance (DEGO) Work?
It's worth noting that DEGO Finance is also working on an NFT protocol that aims to provide a cross-chain second-layer infrastructure. By building on multiple blockchains such as Binance Smart Chain (BSC), Ethereum, and Polkadot, the platform allows its blockchain projects to attract users, distribute tokens, and create more NFT applications in the future. Additionally, DEGO Finance offers a comprehensive suite of products to cover the entire lifecycle of NFTs:
- NFT Foundry: NFTs are generated by depositing tokens during the minting process and are burned to release the deposited tokens.
- NFT Mining: Users can stake NFTs and earn rewards.
- Auctions: Items are auctioned off using ETH bids.
- NFT Marketplace: DEGO Finance users can trade NFTs on Treasureland, a multi-chain NFT collection protocol that facilitates NFT minting, auctions, and more.
- ScanDrop: A Dapp for DEGO Finance users that involves scanning QR codes for NFTs.
What is the DEGO Token?
The DEGO Finance Token is a utility token based on the ERC-20 standard and is issued on the Ethereum platform. DEGO token holders can participate in platform management by voting on economic and growth-related matters. The tokens are also used for NFT minting, staking, auction, and trading. Transactions with DEGO tokens contribute to a dividend pool, which is the total amount of money set aside for bets on a specific pool, minus refunds and statutory deductions. Additionally, the tokens incentivize user participation in reward hunting, referrals, and other activities.
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Dego Finance Social Data
In the last 24 hours, the social media sentiment score for Dego Finance was 3, and the social media sentiment towards Dego Finance price trend was Bullish. The overall Dego Finance social media score was 0, which ranks 411 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Dego Finance being mentioned with a frequency ratio of 0%, ranking 853 among all cryptocurrencies.
In the last 24 hours, there were a total of 127 unique users discussing Dego Finance, with a total of Dego Finance mentions of 12. However, compared to the previous 24-hour period, the number of unique users decrease by 15%, and the total number of mentions has increase by 50%.
On Twitter, there were a total of 0 tweets mentioning Dego Finance in the last 24 hours. Among them, 0% are bullish on Dego Finance, 0% are bearish on Dego Finance, and 100% are neutral on Dego Finance.
On Reddit, there were 1 posts mentioning Dego Finance in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 50% .
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