About Wrapped OptiDoge
Wrapped OptiDoge is a unique meme token that operates on the Optimism network. Serving as the wrapped version of OptiDoge, it plays a crucial role in the DeFi ecosystem by enabling users to farm VELO tokens on the Velodrome platform. This token stands out as the original meme token on Optimism, having launched approximately nine months ago, well ahead of the 2023 meme boom.
The project boasts a strong community that is actively engaged within the Optimism governance ecosystem. With a total supply of 420 billion tokens, the project initially deployed 400 billion tokens for launch. A notable event in its history includes a community member sending 105 billion tokens to a prominent figure in the crypto space. Currently, the wrapped token has 101 billion in its contract, facilitating users' ability to participate in farming activities on Velodrome.
Wrapped OptiDoge has achieved significant milestones, with over 5,000 holders and more than 50,000 transfers recorded on the Optimism network. This demonstrates a vibrant and active community supporting the token and its utility.
Looking ahead, the project plans to expand its offerings by deploying baseDOGE on Coinbase's Base chain. A 1:1 airdrop of baseDOGE will be available to holders of both OptiDoge and Wrapped OptiDoge, further enhancing the token's value proposition.
The utility of Wrapped OptiDoge includes governance participation and farming opportunities on Velodrome. Additionally, users can expect future farming capabilities on the Base chain's Aerodrome with the introduction of baseDOGE, solidifying its position in the evolving DeFi landscape.