What is Dogecoin Lite ?

Introduction:

Dogecoin Lite is a new cryptocurrency created as an alternative to Dogecoin for the Play-to-Earn industry, payment systems, and other use cases. Dogecoin Lite was created with the aim of providing a faster and cheaper transaction system compared to Dogecoin, especially for industries such as gambling games that require low transaction fees.

Technical details:

Dogecoin Lite is built on the Binance Smart Chain (BSC) network. The BSC is a fast and low-cost blockchain network that enables the creation of decentralized applications (DApps) and smart contracts. BSC is known for its low transaction fees and fast confirmation times, making it an ideal platform for Dogecoin Lite's use case.

Tokenomics:

Dogecoin Lite's total supply is 1 Billion tokens, with no plans for additional minting in the future. The token is designed to be deflationary, with a burning mechanism that will remove a portion of the tokens from circulation with each transaction. This will help to maintain the value of the token over time and prevent inflation.

Use cases:

Dogecoin Lite is designed to be used in a variety of industries, including the Play-to-Earn industry, payment systems, and other use cases. One of its main advantages is its low transaction fees, which make it a cost-effective option for industries that require low transaction costs. Dogecoin Lite can be used for transactions, payments, and value transfers, making it a versatile token.