DODO

DODO

Created using Figma
Created using Figma
An open, accessible, capital-efficient decentralized exchange platform.
Feb 19, 2021
Mar 4, 2021
100% completed
Raised funds - no Data
past
Additional Details
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Platform

About DODO

DODO is a Chinese decentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM).

The PMM pricing mechanism, which mimics human trading, utilizes oracles to gather highly accurate market prices for assets. It then provides enough liquidity close to these prices in order to stabilize the portfolios of liquidity providers (LP), lower price slippage and negate impermanent loss by allowing arbitrage trading as reward.

DODO also caters for new crypto projects with a free ICO listing through its Initial DODO Offering (IDO) which requires issuers to only deposit their own tokens.

DODO’s smart contract operates as an ERC20 token on the Ethereum network.

Activity

Followers:
64 129
VERY HIGH
Tweets:
952
VERY HIGH
30 Days Growth:
4218
Members:
14 539
VERY HIGH
30 Days Growth:
116

DODO Last News

N/A
5.0 7
DeFi Profile Vision Activity Potential Product Team
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