icon - DODO
$ 0.19697549
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • 301
    $ 0.19697549
    $ 89,644,462
    $ 23,299,618
    455,104,665 DODO
What is DODO?
DODO is a DeFi protocoldecentralized finance and on-chain liquidity provider with a proactive market maker that aims to offer better liquidity and price stability than automated market makers.
The PMM pricing mechanism uses oracles to gather accurate market prices for assets.

Who are the DODO's founding fathers?
Diane Dai, Radar Bear and an anonymous development team founded Dodo in August 2020.

The private sale round attracted investment from several other prominent venture capital firms.

What makes DODO unique?

The PMM collects funds near market prices to establish enough liquidity, which drops quickly the further the price moves from the market price.
More favorable pricing, higher fund utilization and decreased price slippage are ensured by this.
For traders, DODO offers sufficient liquidity comparable to that of centralized exchanges, which can be used by smart contracts for on-chain transactions.
There is no requirement for a minimum deposit or restriction on the type of asset the providers provide.
There is a free listing for an Initial DODO Offering. Unlike AMM protocols, DODO does not require quote token, and IDO projects only need to deposit their own token to the liquidity pool, after which the PMM creates its own ask-side depth. To start an IDO, a project needs to set the price to a constant.

There are related pages.
You can learn more about Uni swap.

You can learn more about Curve.

Check out the calculator.

How many DODO coins are in circulation?
The DODO token has a total supply of 1 billion.
DODO's total supply will be distributed.

15% goes to the core team and future hires. To investors, 16%. The initial liquidity provision is 1%. 8% goes to operations/marketing/partnerships. Community incentives make up 60 percent of the total.

How is the DODO network secured?
DODO is a protocol that is resistant to centralized network attacks. DODO's smart contracts were audited by a security company.
Defi protocols are innovative and high-risk projects and therefore vulnerable to coding bugs and security issues that could be exploited by hackers and result in the loss of funds.

Where can you buy DODO?
DODO can be traded on a number of exchanges, including the centralized exchanges MXC.com, L Bank and BiKi.