The Dogelon Mars cryptocurrency team has announced the next step in its development. We are talking about transferring xELON to its ecosystem, building DeFi and staking in a new contract.
Tweeting the project, the Dogelon team announced that xELON is bringing Dogelon into its own DeFi universe. In addition, it will function as a governance token as well as a protocol for profitable farming.
The Dogelon Mars community is working hard to teleport xELON into this dimension! xELON brings Dogelon to the DeFi universe: Management Token; DeFi Earning Protocol; ELON staking incentives.
The Dogelon Mars community is working hard to teleport xELON into this dimension! xELON brings Dogelon into the DeFi universe as a:
🏛 Governance token
📈 DeFi earning protocol
🥩 $ELON staking incentive
Expand your knowledge: https://t.co/7RDvaJdL5F
– Dogelon Mars (@DogelonMars) November 4, 2021
xELON is a governance token that will power the Dogelon Mars DeFi ecosystem and facilitate decision making. Dogelon is up 42.4% today and is trading at $ 0.00000171, ranking 131st with a market cap of $ 959 million.
Dogelon Mars has launched an ERC-20 token with a 50% offer locked on Uniswap. The second half was sent to Ethereum founder Vitalik Buterin.
As part of a charity event, Vitalik donated all of his ELONs to the Methuselah Foundation for research on life extension and longevity. The fund said that they will spend funds during the year from May 2021.
The Dogelon Mars team is urging the community to keep an eye on the full contract address of the new token, which will be announced shortly.
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