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Dodo

Dodo

DODO is a decentralized exchange platform powered by the Proactive Market Maker (PMM) algorithm. It features highly capital-efficient liquidity pools that support single-token provision, reduce impermanent loss and minimize slippage for traders.

DODO is a DeFi protocoldecentralized 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.

Timeline

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

A Quick-Start Guide to Trading on DODO's Decentralized Exchange

DODO

Web

February 21, 2022

Dodo Coin, EVERTHING YOU NEED TO KNOW ABOUT, Dodo Coin Price Prediction, Dodo Coin Binance

Web

January 29, 2022

DODO Explained: Binance Smart Chain Launchpad + Proactive Market Maker with Fundraising Capabilities

Web

July 25, 2021

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References

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