Binance: DEGO buy / long 1DBinance: DEGO buy / long 1D
Entry: 10
SL: 1D close below 8.5
TP: 14 - 16
Dego Finance (Dego) is a cross-chain NFT+DeFi protocol & infrastructure, and an open NFT ecosystem where anyone can mint NFTs, initiate NFT mining, auctions and trading.
Dego also offers a cross-chain infrastructure to enable blockchain projects to grow their user base, distribute tokens, and develop more diverse NFT-powered applications. The project is also building a parachain through Substrate, enabling cross-chain NFT asset transfers, combining applications and underlying protocols.
DEGO is the utility token of the Dego platform and has the following use cases:
Governance: DEGO token holders will vote on platform parameters to navigate the project’s economics and developments.
Incentives: DEGO tokens are used to incentivize user participation in bounty hunting, referrals and other programs in the future.
NFT Suite: DEGO tokens are required for NFT minting, staking, auction, trading and more.
System Tax: Users who transact with DEGO tokens will contribute to a dividend pool.
The platform includes the DEGO NFT Suite, offering a complete suite of products to manage the lifecycle of NFTs:
NFT Foundry: Mint NFTs with unique attributes and rarity grades by depositing DEGO, ERC-20, or BEP-20 tokens. DEGO Finance's NFTs are backed by the token deposits during the minting process, and can be decomposed to release the deposited tokens.
NFT Mining: Stake NFTs and mine rewards.
Auctions: NFT auctions are carried out in the form of FOMO3D auctions.
NFT Marketplace: Users can trade NFTs at Treasureland.
ScanDrop: A dApp for users to participate in NFT airdrops by scanning QR codes.
