About Binance-Peg Dogecoin

Binance-Peg Dogecoin is a BEP-20 token on BNB Chain backed 1:1 by DOGE held by Binance. It keeps Dogecoin's eight decimals and lets DOGE be traded and lent in BNB Chain DeFi, at the cost of trusting Binance to keep the backing and honour redemption.