Bogged Finance

The DeFi space remains one of the top spheres of the entire crypto space. However, despite its huge growth, it is still basically nascent, so it is faced with several hurdles.

In order to close that gap, Bogged Finance is designed to ensure ease of usage in the DeFi ecosystem. The dApp is equipped with tools designed to make DeFi trading more effective. Therefore, in this article, you will find important details about Bogged Finance, its mode of operation, and what it plans to achieve in the DeFi ecosystem.

Bogged Finance – DeFi Made Easy

Bogged Finance is a unique dapp equipped with tools designed to make DeFi trading easier and more effective. Also, users can trade DeFi tokens across multiple blockchains.

Moreover, Bogged Finance provides important features like limit orders, real-time charts, DEX aggregation, stop loss, etc. The dapp platform also currently boasts of about 2 million monthly users, with an estimated $225 million monthly volume. In addition, it completes over 250,000 monthly platform transactions.

On the other hand, $BOG is also the native token of the Bogged Finance ecosystem. Notably, it is deflationary and also performs both governance and payment functionalities. You can buy the $BOG token in BogSwap, Apeswap, Pancakeswap, Trader Joe, BitGlobal, etc.

Bogged Finance DeFi Tool Set

Some of the tools on the DeFi dapp platform include:

  • BogSwap (The DEX Aggregator feature of Bogged Finance) – This tool automatically searches out the best DEX trading routes. Therefore, providing its users with the best outcome possible. BogSwap also supports top chains like Polygon, Binance Smart Chain (BSC), Harmony, Fantom, Moonriver, Avalanche, Cronos, etc.
  • Stop Losses – Bogged Finance is currently the only platform with a DeFi stop-loss feature. The feature has a unique contract and execution model to facilitate secure stop losses. The features also facilitate CEX-like stop losses to the decentralized finance (DeFi) space. And provides both stop loss and trailing stop losses support. Notably, the stop loss feature is currently available on BNB Chain and the Avalanche.
  • Ultimate Sniper – A unique browser-based mempool sniper. The ultimate sniper feature makes it possible to bypass about 99% of snipe fees, transaction limits, and wallet cooldowns. To participate, users only need to hold a minimum of 7500 $BOG tokens. The Ultimate Sniper tool also currently supports the BNB Chain. Supported decentralized exchanges (DEXs) include Pancakeswap and ApeSwap.
  • Limit Orders – This feature makes trading on DeFi as easy as trading on a centralized exchange (CEX). It also helps introduce CEX-like limit orders to the fast-growing DeFi space. Alongside easy-to-use β€˜set and forget’ function, and seamless fee payment with $BOG tokens.

Other important Bogged Finance tools include BogBridge, Charts, etc

In conclusion, the dapp platform brings much-needed simplicity and interoperability to the DeFi ecosystem. This in turn is sure to drive global awareness and the subsequent adoption of both the DeFi ecosystem and Bogged Finance.

$BOG Price Outlook

At the time of writing this article, the price of $BOG token is trading at $0.6936 with a market cap of $9,75 million and a 24-hour trading volume of $51,500. The token price is also down by 0.1% in the last 24 hours.

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