Community Doge Coin is an open-source blockchain project initiated by the core developers of the original dogecoin community. According to the project’s whitepaper, the project is dedicated to bringing dogecoin to the decentralized finance (DeFi) platform and providing a decentralized community to dogecoin enthusiasts worldwide.

The project is developed based on the Binance Smart Chain in the early stage. The project intends to gradually support other blockchains in the future as well, such as Ethereum and Solana. When compared to other meme tokens, Community Doge Coin has advantages such as lower costs and support to multichains. (A meme token is a cryptocurrency inspired by memes and internet jokes.)

According to the website, the project supports auto farming. This means that a person holding a token automatically obtains income without any complicated operations. The native token further supports the automated market maker (AMM). AMM is a tool utilized to supply liquidity (token pool) in DeFi without the intervention of a third party to set the price of an asset. The native token further supports auto-deflation, which refers to the burning of the token supply. Burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost permanently. Tokens are usually burned to reduce availability and increase market value.

The platform provides a swapping facility known as Doge Swap. Doge Swap is a cross-chain trading platform based on the AMM mechanism that allows users to exchange various types of cryptocurrencies in a decentralized wallet. Users earn incentives by providing liquidity on the platform. The platform also provides an NFT trading facility. Doge Swap claims that it is the world’s first meme-themed NFT trading function. The function further supports NFT and DeFi mining.

CCDOGE is the native cryptocurrency of the Community Doge Coin platform. The holders of the CCDOGE token participate in the governance of the platform and get voting powers. Users are also to get returns on holding of CCDOGE tokens. The users who help in mining NFT get CCDOGE as a reward. The total supply of CCDOGE tokens is 2,100 trillion.