DOGE-RUNE LP-ers
Through the DOGE liquidity pool, users on the THORCHAIN will have a chance to trade their Dogecoin and earn yield from their holdings. Holders of Dogecoin can also swap the meme coin with the other cryptocurrencies supported on the platform. DOGE holders can swap the token for Bitcoin, Ether, Binance Coin, Bitcoin Cash, Litecoin, and several stablecoins. Other assets on Binance Smart Chain and Ethereum will also be supported. The launch of this pool will allow holders of Dogecoin to become liquidity providers on ThorChain. As such, they will generate yields on the protocol. ThorChain allows users to lower the risk of suffering from the same losses as primary risk liquidity providers.