Wrapped DOGE (uDOGE) is a tokenized version of DOGE that runs on multiple blockchains.
uDOGE is an ERC-20 token, enabling it to be used in DeFi applications including lending, borrowing, and other financial applications.
uDOGE is backed by DOGE at a 1:1 ratio via a network of merchants, ensuring that its price is pegged to DOGE at all times. The underlying DOGE collateral is stored with Coinbase Prime.