Mishaboar says TVL does not measure Dogecoin's value as a currency
- —Mishaboar said Dogecoin's strength is its simplicity as a decentralized currency, not DeFi scale
- —He called for funding Dogecoin Core audits, security research and independent node and wallet builds
- —DogeOS announced Dogecoin Labs with the Dogecoin Foundation on Oct. 21; its testnet opened Sept. 30
- —DeFiLlama's TVL tracks assets in smart contracts, not payment or tipping volume
Why it matters: The debate frames how Dogecoin is valued: a payments-first currency or a DeFi ecosystem, which will shape funding priorities.
Source: TokenPost