Since then, the token has branched out into NFTs, retail use, and gaming with the goal of creating its own metaverse ecosystem dubbed “the POODL-verse.”Īs is typical with many cryptocurrencies on the Binance Smart Chain (BSC), POODL employs deflationary economics built into each buy, sell, and transfer. Although it started as an ERC-20 token on the Ethereum blockchain, it very shortly after launch transitioned to BEP-20, where it has lived since May 2021. POODL was created in the spring of 2021 during the dog memecoin frenzy. For a project with a surprisingly small team, we found that POODL has more utility and use-case than many projects ten times its size! With the goal of making DeFi and cryptocurrency technology more accessible and easier to use, many startups and coalitions are turning their gaze away from typical buyers within the crypto community and looking to bring new buyers into the space.ĭuring this review we will take a look at POODL, one of the most ambitious projects in the space with several ideas that could potentially change DeFi forever. Their goal is to create a more decentralized financial system that is fairer and more accessible to everyone. Several startups and companies are improving the infrastructure and developing new applications to make it easier for people to use. The DeFi industry is growing rapidly as blockchain technology becomes increasingly mainstream.
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