$DOG holders can now bridge between Bitcoin and Solana! Fast, low-cost trading is here. Learn how to use the bridge and liquidity pool.
$DOG Launches Two-Way Bridge to Solana
$DOG, the community-driven Bitcoin memecoin, has taken a major step forward by launching a two-way bridge to Solana. This move allows holders to seamlessly transfer $DOG between Bitcoin and Solana while benefiting from faster transactions and lower fees.
The bridge is powered by Mine Labs, a trusted team that has successfully operated a Runes bridge for months, handling millions of dollars in transactions. To encourage adoption, Mine Labs has set bridge fees to zero for the next seven days.
Why This Matters for $DOG Holders
- Fast Transactions: Trade $DOG on Solana with 400ms speeds and fees of less than one cent.
- Liquidity Pools: A Meteora liquidity pool is now available, seeded by early $DOG whales.
- Decentralization: $DOG remains open-source, team-free, and community-driven with no paid promotions or exchange listing fees.
Mine Labs has also released educational videos explaining how to bridge $DOG and provide liquidity on Solana. However, liquidity farming carries risks, and only experienced DeFi users should participate.
How the $DOG Solana Bridge Works
When bridging $DOG from Bitcoin to Solana, the original tokens are locked on Bitcoin L1, and wrapped $DOG tokens are minted on Solana at a 1:1 ratio. These wrapped tokens can be burned at any time to redeem the original $DOG on Bitcoin.
Since wrapped $DOG represents real $DOG, prices will likely remain similar across both chains due to market arbitrage.
âš Important: Always verify the correct wrapped $DOG token address on Solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u
Any other contracts are scams, so stay alert!
Final Thoughts: Bitcoin vs. Solana for $DOG
While bridging provides new trading opportunities, Bitcoin L1 remains the safest place to store $DOG, especially using a hardware wallet. However, Solana’s efficiency gives traders more flexibility in managing their assets.
The $DOG Army is excited to welcome Solana traders and introduce them to Bitcoin-based assets. This bridge is just the beginning of $DOG’s mission to onboard millions to Bitcoin.
For any support with the $DOG Solana bridge or liquidity pool, reach out to the Mine Labs team.
