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About Coinbase Wrapped DOGE
Coinbase Wrapped DOGE (cbDOGE) is an ERC-20 token on the Base network that is backed 1:1 by native Dogecoin (DOGE) held in custody by Coinbase. It is designed to bring the liquidity and utility of Dogecoin to the decentralized finance (DeFi) ecosystem, allowing users to use their DOGE for lending, borrowing, and providing liquidity onchain while maintaining the ability to redeem the token for the underlying asset through Coinbase.
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