Earn DeFi yield and trade $DOGE on THORSwap đ
Welcoming DOGE to DeFi + How-to tutorial
Shibas⊠the time has come to enter the world of decentralised finance (DeFi)! Join the #DogeFi revolution on THORSwap!
For the first time in crypto history:
- You can swap Native DOGE on a Decentralised Exchange â swap between DOGE and native assets (BTC, ETH, BNB, LTC, BCH), stablecoins (USDC, USDT, BUSD) and many other ERC-20 and Binance Chain assets.
- Earn DeFi yields on DOGE â by depositing DOGE and/or RUNE on THORChain.
- Connect DeFi services to DOGE with THORFi.
Never be held hostage by a centralised exchange (CEX) again!
Starting today, you can swap DOGE in a permissionless, non-custodial, and decentralised manner.
Permissionless means you donât need a KYC user account to start trading.
Non-custodial means you are always in control of your DOGE. No centralised exchange to hold your coins hostage.
Decentralised means an open and transparent community thatâs accessible to anyone around the world.
DeFi brings ownership back to Dogecoin hodlers. Your keys, Your Dogecoin!
THORSwap also allows you to swap to other blockchains in one simple swap. No wrapping, pegging or bridging required. Swap between DOGE and native assets (BTC, ETH, BNB, LTC, BCH), stablecoins (USDC, USDT, BUSD) and many other ERC-20 and Binance Chain assets.
Fetch DeFi yields on your DOGE
DOGE holders can finally earn DeFi yields by depositing DOGE liquidity on THORChain. DEX trading fees give you DOGE yields on your DOGE holdings.
By utilising THORChainâs technology, DOGE will soon be available for popular DeFi services like borrowing, lending, synths, you name it!
Connecting DOGE to DeFi will make Dogecoin utterly unstoppable!
How-To Tutorial: Trading Doge (đ ,đ±)
On THORSwap, you can swap DOGE to directly to native BTC, native ETH, native BNB, native BCH, native LTC, stablecoins (USDC, USDT, BUSD) and many other ERC-20 and Binance Chain assets.
Swaps between assets can be completed in one step, and do NOT require any bridging, wrapping or pegging.
How to trade DOGE on THORSwap
Step 1. Firstly, you will need to set up a non-custodial âKeystore walletâ and transfer your DOGE or ASSET from a CEX (Centralised Exchange) to this wallet. Follow the video tutorial below to complete this step.
NOTE: with freedom, comes responsibility. Be sure to follow security best practices to protect your crypto in your non-custodial wallet.
Once you have a keystore wallet set up securely, you are ready to start swapping!
Step 2. Visit https://app.thorswap.finance/swap/DOGE.DOGE_BTC.BTC,
Step 3. Select the asset you want to exchange for DOGE
Step 4. Select the quantity you want to swap
Step 5. Check the swap rate, slip and fees. Then click âSwapâ to confirm!
NOTE: the transaction will be initiated immediately upon clicking âSwap.â Confirm your details before clicking.
Congratulations Shiba, you made your first non-custodial swap!
How-To Tutorial: Earning Yield on Doge (đ ,đ±)
You can earn healthy yields on DOGE by depositing liquidity on THORChain. Yields are generated from the trading fees paid by traders and reward emissions.
How to earn DOGE yield on THORSwap
Step 1. Make sure you have already set up a non-custodial âKeystore walletâ and hold DOGE in that wallet (see Step 1 in âHow to trade DOGE on THORSwapâ).
Once you have a keystore wallet set up securely, you are ready to start earning yield!
Step 2. Visit https://app.thorswap.finance/add/DOGE.DOGE:
Step 3. Select how you would like to deposit DOGE. You have 3 options to choose from:
- Deposit only DOGE (aka âasymmetrical DOGE depositâ)
- Deposit both DOGE and RUNE (aka âsymmetrical DOGE & RUNE depositâ)
- Deposit only RUNE (aka âasymmetrical RUNE depositâ)
NOTE: deposit transaction fees for âsymmetrical depositsâ are typically lower than âasymmetrical deposits.â Symmetrical deposits also require $RUNE in your wallet to pay for the deposit transaction fee. Asymmetrical deposits will automatically take the deposit transaction fee from your $DOGE.
Step 4. Select the quantity you want to deposit. If you are performing a âsymmetrical deposit,â then you will need to select quantities for both DOGE and RUNE. Or you can simply drag the slider which will automatically calculate equal amounts of DOGE and RUNE:
Step 5. Add Liquidity!
You are now earning DOGE Yields on your DOGE deposits!
Check THORYield.com to monitor your positions.
Welcome to the #DogeFi revolution!
Permissionless trading and DeFi yields are just the beginning.
THORFi and many other DeFi services will bring more utility and value to Dogecoin. To learn more about THORChainâs technology, please visit the docs.
Welcome to the future of France ;)
About THORSwap
THORSwap is the leading decentralized exchange (DEX) powered by multi-chain THORChain. Perform cross-chain swaps in a permissionless, trustless, and non-custodial manner.
Twitter: https://twitter.com/thorswap
Discord: https://discord.gg/thorswap
Website: https://thorswap.finance
THORSwap App: https://app.thorswap.finance
Telegram Announcement: https://t.me/thorswap_ann
THORChads DAO
The rewards programme and Metaverse home for THORChads, where the community can enjoy community projects like NFTs and games. THORChads.com will support new creative community projects with marketing, dev support, and more.
Discord: https://discord.gg/thorchads
Twitter: https://twitter.com/THORChadsDAO
Medium: https://thorchads.medium.com
Website: https://thorchads.com
OpenSea: https://opensea.io/collection/thorchads
