Binance Listed DeFi Protocol DEGO Finance Hacked

FEB 10, 2022

Dego Finance, a recently launched decentralized finance (DeFi) project aims to refurbish the rationale and efficacy of NFTs.

Dego Finance has paired with major exchanges such as Binance to close DEGO deposits.

It was also learned that DEGO pairs liquidity provided by the team was drained.

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Dego Finance incorporates a governance and equity token known as DEGO.

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The platform is designed to deliver an NFT ecosystem that allows anybody to efficiently issue NFTs and unfurl these for auction, trading, and mining.

It also intends to start a cross-chain layer-2 solution that blockchain projects can use to create more powerful NFT applications.

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