Dodo crypto

Powerful Tools • Custom Tokens Create your own tokens with one click. No coding required! • Liquidity Pools Create liquidity markets for free and customize your market making strategies • Liquidity Mining Earn DODO rewards when you stake select assets for market making • Crowdpooling Equal-opportunity token distribution with community-built pools • Fractionalized NFTs Fractionalize your NFTs and boost their liquidity • Dashboards Get the latest stats about the DODO platform Our solution will create a marketplace for government & business actors, who have made commitments to replenishing endangered species, to invest in wildlife recovery projects with those who are well positioned to create specific habitats, such as farmers, who are highly motivated to help, both from an ethical and commercial perspective.

DODO coins form the basis of the DODO Protocol. Each token is an ERC-20 compliant token that represents ownership of one hectare of habitat generated from a specific habitat creation project for an endangered species. For example, 100 DODO tokens constitute 100 hectares of land which is supporting endangered species.

1. Go to exchange.pancakeswap.finance 2. Copy Dodo Coin address. Under Select Currency on PancakeSwap, paste the address to search for Dodo Coin 3.

Choose the amount of Dodo Coin you want to buy 4. Click Unlock Wallet and select MetaMask 5. Change Dodo crypto Tolerance to 0.3% 6. Swap ETH for DODO token 7. Congratulations, you bought your tokens ‍
Dogecoin guide • Refer a friend • Referral Promotion • Leaderboard • dodo crypto EUR • English • Deutsch • Eesti • English • Español • Français • Hrvatski • Italiano • Latviešu • Lietuviškai • Magyar • Nederlands • Polski • Português • Română • Slovenčina • Slovenščina • Srpski • Svenska • Türkçe • Čeština • Ελληνικά • Български • The sector of decentralized finance has exploded in popularity in recent times, with an array of DeFi products and services emerging on the market.

These often come with benefits over traditional financial services, whose centralized structure can make them vulnerable and exclusionary to dodo crypto people. However, DeFi comes with problems of its own, like slippage and impermanent loss, while users often have to sign up to many different apps in order to meet all their DeFi needs or even just to find the best price.

One project that’s aiming to tackle these issues is DODO. Interested in DODO, but not sure what it’s all about or where to even begin?

Don’t worry – this handy guide is designed to teach you everything you need to dodo crypto about the project and get you ready to jump into the most user-friendly trading experience available on the market.

• What is Dodo (DODO)? • How Does Dodo Work? • What Makes Dodo Unique? • What Gives Dodo Value? • How Many Dodo (DODO) Coins Are There In Circulation • Other Technical Data • How To Use Dodo? • How To a Choose a Dodo Wallet? • DODO Staking • Conclusion • Dodo FAQ • What is the DODO NFT Vault? • What is Flash Swap? • How to Buy Dodo? • How to Sell Dodo?

• Dodo Price What is Dodo (DODO)? DODO is a decentralized exchange built on Ethereum and Binance Smart Chain that aims to make DeFi liquidity more accessible. Unlike many other DEXs, which use an automated market maker algorithm, DODO uses its own proactive market maker algorithm. According to DODO, its PMM model provides better price stability and liquidity than AMM DEXs. DODO’s product includes SmartTrade, which facilitates trades between tokens on the same network.

It also provides traders with the best prices by intelligently finding the best order routing from aggregated liquidity sources. The Crowdpooling feature enables projects to kick-start liquidity markets and distribute tokens in an equal opportunity way, without the risks of frontrunning or bot interference.

New projects can also raise funds with a free listing via the platform’s initial DODO offering feature. Meanwhile, liquidity providers have the flexibility to create and manage their own market making strategies thanks to DODO’s Pools feature. Finally, users can earn rewards through mining.

As well as traditional liquidity mining, traders can participate in trading mining, while pool creators and liquidity providers can participate in Combiner Harvest mining. DODO is the BEP-20 and ERC-20 utility token of the platform.

It is used for platform governance, staking, and participating in Crowdpooling and Dodo crypto, as well as for rewarding stakers and miners. Holding DODO also provides trading fee discounts and it can be used to mint vDODO, which provides extra membership benefits and dividends from trading fees.

How Does Dodo Work? The sentiment of buyers and sellers is represented by large swathes of data in the market and changes to this data cause the market to react dynamically. The most important bits of data can be extracted through the process of compression, and in the case of crypto trading, the most important feature is liquidity.

The typical market making formula stipulates that the price of the base token rises linearly as the number of base tokens that have been traded increases. However, the linear model has its limitations. Firstly, it is over simplified as it doesn’t reflect the uneven distribution of liquidity caused by the concentration near the mid price. Secondly, dodo crypto the price goes above or below certain thresholds, the linear model returns a liquidity of zero even though there is still liquidity at that price.

Buy DODO The DODO team developed the nonlinear proactive market making algorithm entirely in-house to provide more favorable pricing through a mechanism that mimics human trading, is highly flexible, and is optimized for on-chain transactions. The PMM can be tweaked for a range of use cases. Mid prices from external markets with higher volumes can be fetched and proactively adjusted by the PMM algorithm to achieve higher capital efficiency than AMM platforms and minimize impermanent loss.

This also means that liquidity providers can contribute just one token, instead of needing to deposit both tokens in the trading pair like they do on AMMs such as Uniswap. This use of the PMM creates the DODO Classic Pool.

The PMM also reduces the barrier to entry for smaller projects as newly minted assets with little sell-side liquidity don’t require large amounts of capital to be paired with. This is because teams can initialize liquidity at 100% their tokens and 0% stablecoins or ETH when they issue their token.

This application of the PMM creates the DODO Vending Machine. The PMM algorithm can also be made fully customizable with free market trading to create the DODO Private Pool, while the asset issuance mechanics can be altered to facilitate Crowdpooling.

What Makes Dodo Unique? The project’s main innovation is the oracle-aided proactive market maker algorithm developed by the DODO team which mimics human trading and provides more favorable pricing. This model can be tweaked to support various types of pools and trading. The PMM algorithm means that traders get lower price slippage and reduced impermanent loss when compared with Dodo crypto. The pricing formula also provides the DEX with contract-fillable liquidity which is comparable to centralized exchanges.

What’s more, liquidity providers can deposit any amount of base or quote tokens on the DODO DEX, including single-token deposits. This sets it apart from most AMMs which require both tokens to be deposited in a certain ratio. What Gives Dodo Value? The DODO platform is a valuable project thanks to its innovative PMM algorithm which provides various advantages over dodo crypto DEXs. Traders, investors, liquidity providers, and token issuers can all benefit from the platform, which provides market-leading liquidity.

The value of the DODO cryptocurrency derives from its various utilities on the platform. DODO holders can create and vote on proposed changes to the platform, participate in Crowdpooling and IDO campaigns, receive trading fee rebates, stake their tokens, and mint vDODO tokens for extra rewards. All these dodo crypto make DODO a valuable token to hold for users of the DODO platform. Its finite supply also means the coin is not subject to depreciation through inflation and may therefore be a good store of value in the long term.

Future growth of the DODO platform and community could make the project and its cryptocurrency more valuable. How Many Dodo (DODO) Coins Are There In Circulation There are currently tokens in circulation out of a total of tokens. Out of DODO’s total supply, 60% of the tokens are reserved for community incentives, 15% were allocated to the team and advisors, 16% to investors, 1% to initial liquidity provision, and 8% to partnerships, operations, and marketing. The seed round and private sale round raised $5.6 million, with tokens being sold at $0.01 each and $0.05 each respectively.

Other Technical Data vDODO is a non-transferrable token that serves as proof of membership to DODO’s loyalty program.

Its holders gain membership rewards and dividends from trading fees. Users can stake 100 DODO tokens in order to mint 1 vDODO and vDODO holders receive 6 DODO reward tokens per block. Buy How To Use Dodo? Traders can use the DODO platform to find the best prices for trades through best order routing from aggregated liquidity sources.

Liquidity providers can earn fees by contributing to liquidity pools with decreased price slippage and reduced impermanent loss thanks to the unique proactive market maker.

New projects can also use the Crowdpooling feature to distribute tokens without frontrunning or bot interference. DODO tokens can simply be held to receive trading fee rebates and allocations to participate in Crowdpooling and IDOs. As a governance token, DODO can also be used to create and vote on proposals.

The tokens can be staked to earn more DODO or to mint vDODO. How To a Choose a Dodo Wallet? There are plenty of places you could store your DODO and the wallet you choose will likely depend on what you want to use it for and how much you need to store. Hardware wallets or cold dodo crypto like Ledger or Trezor provide the most secure option for storing cryptocurrencies with offline storage and backup.

However, they can require more technical knowledge and are a more expensive option. As such, they may be better suited to storing larger amounts of DODO for more experienced users. Software wallets dodo crypto another option and are free and easy to use. They are available to download as smartphone or desktop apps and can be custodial or non-custodial.

With custodial wallets, the private keys are managed and backed up on your behalf by the service provider. Non-custodial wallets make use of secure elements on your device to store the private keys.

While convenient, they dodo crypto seen as less secure than hardware wallets and may be better suited to smaller amounts of DODO or more novice users. Online wallets or web wallets are also free and easy to use, and accessible from multiple devices using a web browser. They are, however, considered hot wallets and can be less secure than hardware or software alternatives. As you are likely trusting the platform to manage your DODO, you should select a reputable service with a track record in security and custody.

As such, they are most suited for holding smaller amounts of cryptocurrencies or for those making more frequent trades. Kriptomat offers a secure storage solution, allowing you to both store and trade your DODO tokens without hassle. Storing your DODO with Kriptomat provides you with enterprise-grade security and user-friendly functionality. Buying and selling DODO, or trading it for any other cryptocurrency, is done in mere moments when you choose our secure platform as your storage solution.

DODO Staking DODO tokens can be staked in order to earn rewards in DODO. Users can also stake 100 DODO in order to mint 1 dodo crypto. vDODO tokens entitle holders to extra membership benefits and dividends from trading fees. Conclusion DODO stands out as a DEX thanks to its unique proactive market maker model which provides better dodo crypto and price stability than AMM protocols.

The product’s SmartTrade trading and aggregation feature is ideal for traders looking for the best prices, while the Crowdpooling feature is beneficial to new crypto projects and investors. Liquidity providers will find many benefits to using DODO, such as the ability to create and manage their own on-chain market making strategies, decreased price slippage, and the flexibility of single-token deposits. The DODO coin has a range of utilities and holding it brings various benefits to platform users.

The DODO team’s planned incentive programs and initiatives could potentially bring more users to the platform and bring more value to the project and its cryptocurrency. Dodo FAQ What is the DODO NFT Vault? Users can pledge their non-fungible tokens into the DODO NFT Vault which will generate an ERC-20 token contract. This means owners can fragment their NFT into multiple tokens and decide on the new token’s name, supply, and distribution.

What is Flash Swap? This DODO feature essentially enables users to dodo crypto on credit. They receive the tokens first, do what they like with them, and then pay later. This is thanks to the trustlessness of DeFi which makes the cost of credit very low. How to Buy Dodo? Buying DODO is as easy as visiting Kriptomat’s how to buy DODO page and choosing your preferred method of payment. How to Sell Dodo? If you already own DODO and hold it in a Kriptomat exchange wallet, you can easily sell it by navigating the interface and choosing your desired payment option.

Dodo Price DODO price is influenced by a lot of the traditional factors such as project dodo crypto and development details, market sentiment, the flow of cryptocurrency on exchanges and the economy in general. DODO price is also affected by demand for its various utilities and benefits for holders, as well as the popularity and growth of the DODO protocol.

The current DODO price is EUR. The 24-hour trading volume of DODO is EUR. DODO is currently ranked of all cryptocurrencies by total market cap, with a market cap of EUR. It has a circulating supply of and a max supply of. Register now to begin your journey into the world of DODO and cryptocurrencies with Kriptomat! DODO is a project that aims to solve decentralized exchange limitations through a proactive market maker (PMM) - a unique solution that offers an alternative to automated market maker (AMM) technology.

Before the financial crisis of 2008, entrepreneurs and theoreticians across the world have struggled to create an alternative to both central banking and centralized stock markets. A year later, Bitcoin emerged onto the scene as a decentralized cryptocurrency. However, only after Ethereum launched in July 2015 did the financial revolution truly begin. As a generalist, programmable blockchain, Ethereum, made it possible to recreate the financial infrastructure — exchanges, market makers, lending, borrowing, and banking.

These automated smart contracts became known as DeFi protocols, running on the Ethereum blockchain. DODO is a new DeFi protocol that brings more innovation into an already dodo crypto ecosystem.

Find out below what makes it stand out. What Is DODO? DODO fulfills the same role as Ethereum’s biggest decentralized exchange — the Uniswap exchange. However, DODO is not only a decentralized exchange (DEX) hosted on Ethereum, but also on Binance Smart Chain. Furthermore, it has a new approach to making a DEX run efficiently. While Uniswap relies on automated market makers (AMMs), DODO introduces innovation in the form of a proactive market maker (PMM) algorithm.

PMM is the main distinguishing factor that most say will define DODO as a crypto project. Let’s break down the difference between AMM and PMM to understand what DODO brings to the DeFi table. As you may know, an AMM’s role is to provide liquidity into the crypto space without the need for central mediators.

However, there is a problem with AMMs that yield farmers often encounter, relating to how liquidity is allocated. For instance, if you use Uniswap’s AMM to spread the crypto assets along the entire price range, only those funds nearest to the market price will end up being utilized.

In turn, as the rest of the funds are idling, this creates higher slippage and capital inefficiency. PMM vs. AMM fund allocation curve While capital inefficiency is self-explanatory, slippage occurs when trading parties settle for a price that diverges from the price they initially requested (i.e.

between the period when they entered the market and executed dodo crypto trade). DODO’s PMM tries to fix this problem of slippage and capital inefficiency by mimicking the behavior of centralized exchanges.

In other words, DODO’s PMM actively shifts buy and sell orders, aligning with the current market price. Its PMM algorithm accomplishes this with the help dodo crypto oracles — third-party services that bring real-world data to smart contracts.

Therefore, because PMM creates a flatter liquidity curve, yield farmers can take advantage of lower slippage. In charge of aggregating liquidity sources is DODO’s SmartTrade platform. It compares these sources to set an optimal price for trading token pairs. Likewise, DODO enables investors to customize fees, crypto ratios, and liquidity depths.

Download AtomicDEX ERC-20 DODO and BEP-20 DODO are supported on Komodo's AtomicDEX - a non-custodial wallet and cross-protocol DEX rolled into one application. Who Is Behind DODO? DODO is a newcomer in the DeFi scene, having launched in August 2020. The platform’s core developers and founders are pseudonymous Radar Bear and Diane Dai, while the rest of the Chinese development team remains anonymous.

In August 2020, DODO received $600,000 in seed funding via Framework Ventures. A month later, in September 2020, DODO procured a much larger funding round worth $5 million, courtesy of Binance Labs, Pantera Capital, and Three Arrows Capital. In the follow-up private sales, DODO’s appeal was also irresistible for major players in the crypto scene, such as Coinbase Ventures, Alameda Research, Galaxy Digital, and CMS Holdings.

DODO Crypto Project In Numbers The DODO coin is DODO’s native ERC-20 token used for governing the protocol. DODO token holders can use the coin to either create or vote on proposals to improve the network. They can also receive trading fee rebates and rewards whenever they stake the tokens in liquidity pools.

DODO’s SmartTrade trading platform also allows for Crowdpooling and Initial DEX Offerings (IDOs). This is another way dodo crypto the token’s stakeholders to take part in IDO campaigns. On another note, Crowdpooling aims to resolve a critical problem plaguing DEXs — frontrunning — the illicit practice of getting in front of public trades before the asset’s price goes up or down. By facilitating equal distribution of tokens to supply liquidity, Crowdpooling reduces the issue of frontrunning bots.

The total supply of DODO tokens is 1 billion, out of which 110.5 million are in circulation. DODO team devised a scheduled release of coins up until April 2025. You can see its distribution on the chart below.

A majority of the DODO supply is allocated towards community incentives. Besides 60% of DODO tokens poured into community incentives, other categories form as follows: • IDO Liquidity – 1% • Seed Sale – 6% • Operations & Marketing – 8% • Private Sale – 10% • Team & Advisors 15% Although DODO’s protocol was audited by PeckShield blockchain security firm, it did suffer some attacks.

One of the biggest ones was in March, with $3.8 million worth of DODO tokens stolen. It seems that the exploiter was able to successfully deploy a frontrunning bot, as detailed on DODO’s official statement about the incident.

However, despite the security breach, DODO’s price barely budged by 2%.

DODO Coin Price DODO token saw its ATH (all-time-high) price on February 21, 2021, peaking at $8.25. After the hack in March, the DODO token was undaunted, continuing to rise in price until the historic crypto crash in May. Between May and the present, the DODO token stabilized at around $1.4 with an upward trajectory.

Any crypto wallet with a built-in DEX browser will allow you to buy and trade in DODO tokens.

As of this writing, the token's market cap sits at about $180 million, ranking as the 51st largest DeFi protocol on defipulse.com with $78.9 million staked tokens. DeFi TVL - Image source: DeFiPulse.com Conclusion Whether DODO is worth buying is another matter. After Uniswap underwent its V3 upgrade, it improved both capital efficiency and customization of fees for yield farming, to name just a few improvements.

However, dodo crypto DODO’s PMM approach is promising, it did suffer the very exploit dodo crypto tried to prevent — frontrunning.

On the other hand, it dodo crypto difficult to name a DeFi protocol that wasn’t exploited or in some manner. In this light, given DODO’s low price that is in January’s range, and the rise in its TVL (total value locked), it may be worthwhile diversifying your DeFi portfolio to take advantage of the potential growth spurt later on.

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DODO Price Today DODO Price $0.158655 Market Cap $52,078,142 Market Cap Dominance 0.00% Trading Volume $40,506,825 Volume / Market Cap 0.7706 24h Low dodo crypto 24h High $0.161052 / $0.244488 7d Low / 7d High $0.163904 / $0.328673 Market Cap Rank #433 All-Time High $8.38 -98.1% Feb 20, 2021 (about 1 year) All-Time Low $0.150827 5.2% Dec 18, 2020 (over 1 year) DODO Price Today DODO price today is $0.159867 with a 24-hour trading volume of $40,733,499.

DODO price is down -32.3% in the last 24 hours. It has a circulating supply of 310 Million DODO coins and a total supply of 1 Billion. If you are looking to buy or sell DODO, HitBTC is currently the most active exchange. What was the highest dodo crypto for DODO? DODO hit an all time high of $8.38 on Feb 20, 2021 (about 1 year). What was the lowest price for DODO?

DODO had an all time low of $0.150827 on Dec 18, 2020 (over 1 year). What was the 24 hour trading volume of DODO? The 24 hour trading volume of DODO is $40,733,499.

Where can DODO be traded? You can trade DODO on HitBTC, Binance, and AAX. What is DODO? DODO is a Decentralized Exchange (DEX) running on Ethereum and Binance Smart Chain. DODO also has a governance token. To participate in governance, users will have to convert DODO into vDODO at the fixed rate of 100 DODO = 1 vDODO. vDODO tokens will give holders dividends from trading fees and membership rewards.

Redeeming vDODO tokens to DODO tokens will incur a variable exit fee. This is expected to encourage long-term membership. Besides governance, DODO tokens will have three new utilities for holders: • Crowdpooling • Dodo crypto allocations • Trading fee discounts How to obtain DODO?

You can purchase DODO from DODO and Binance. You can find DODO trading on various centralized and decentralized cryptocurrency exchanges. What is a Proactive Market Maker (PMM)? Developed by the DODO team, Proactive Market Maker (PMM) is an oracle-aided algorithm with an advanced pricing formula that provides contract-fillable liquidity.

Traders get lower slippage with PMM than Automated Market Maker (AMM). PMM leverages price oracles to retrieve accurate market prices of assets as input. It then aims to provide sufficient liquidity near the market price for every asset. The result is that liquidity decreases rapidly when far away from the market price. The following graphs compare the price curves of DODO (PMM) and Uniswap (AMM).

With everything else fixed, it is clear that the PMM curve is significantly flatter than the AMM curve near the market price, indicating higher fund utilization and lower slippage. Prices provided by PMM are more favorable than AMM. To minimize counterparty risks for LPs, DODO dynamically adjusts market prices to encourage arbitrageurs to step in and stabilize LPs' portfolios.

Unlike in AMM, where Liquidity Providers (LPs) have to provide two assets, DODO allows liquidity providers to deposit a single asset, like Bancor. This provides greater convenience for Liquidity Providers and largely eliminates Impermanent Loss (IL).

In short, DODO’s PMM offers the following benefits as compared to AMM: • Low slippage • Single asset exposure • Minimal Impermanent Loss (IL) What is Initial DODO Offering (IDO)? When the project team seeds liquidity in an AMM-based exchange, they will have to provide quote assets like USD tokens or ETH to create the market pair.

Launching a project in DODO meanwhile requires the team to provide the project’s token due to its ability to support dodo crypto liquidity. The team can also set a fixed price as the Initial Offering Price.

Asset issuance on DODO provides the following benefits: • The team can set an arbitrary price to sell the tokens with zero capital requirement. • Sufficient and contract-fillable liquidity • Flexible parameters (design the price curve by fine-tuning the parameters) What is the Vending Machine? The Vending Machine is a bonding curve creation tool that allows protocols to bootstrap liquidity for their token flexibly.

As mentioned above, projects can launch their token using IDO with a customized bonding curve without the need to seed quote assets. This is a huge boon for small projects that are capital constrained. Other than that, algorithmic stablecoins projects can utilize the Vending Machine to design a bonding curve that supports more liquidity around the pegged price. This ensures greater stability of the price of the algorithmic stablecoins.

What is the Crowdpooling? Crowdpooling is a more equitable way to raise capital than other methods that are susceptible to aping or front run. Users will have to stake their capital in the pool for a predefined period.

After the period ends, every participant will receive the tokens following the same Initial Offering Price. If the team raises more capital than the cap, every user will receive the tokens proportional to their pool shares. The remaining funds will be refunded to the users. This ensures all participants have a chance to obtain the tokens at the same price. Dodo crypto is the Private Pool? The private pool is a more flexible version of Vending Machine with more parameters allowed to be tweaked.

This feature is mainly created for Market Makers to optimize their operations. How capital efficient is DODO? The token terminal has come up with a measurement of capital efficiency by dividing the exchange volume against their Total Value Locked (TVL). We can see that DODO has the highest capital efficiency among the DEXes.

It should be noted that the higher the TVL, the more difficult it is to maintain high capital efficiency. And the more long-tailed assets the exchanges have, the lower the capital efficiency will be. From the graph, we can see that DODO has a much lower TVL as compared to Uniswap. It is hard to tell whether DODO can sustain capital efficiency if they have a much bigger TVL.

Plus, Uniswap is hosting many long-tailed assets that do not have great liquidity, so that will impair its capital efficiency. IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources.

We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose.

Any dodo crypto or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content dodo crypto relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision.

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DODO Price Live Data The live DODO price today is $0.161579 USD with a 24-hour trading volume of $47,235,649 USD. We update our DODO to USD price in real-time. DODO is down 32.21% in the last 24 hours. The current CoinMarketCap ranking is #643, with dodo crypto live market cap of $17,862,862 USD. It has a circulating supply of 110,551,965 DODO coins and a max.

supply of 1,000,000,000 DODO coins. If you would like to know where to buy DODO at the current rate, the top cryptocurrency exchanges for trading in DODO stock are currently Binance, MEXC, FTX, CoinTiger, and BingX. You can find others listed on our crypto exchanges page. What Is DODO? DODO is a DeFi protocol 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. Who Are the Founders of DODO? Dodo was officially launched in August 2020, founded by Diane Dai, Radar Bear and an anonymous development team. It initially attracted a $600,000 seed round led by Framework Ventures.

Dodo crypto team announced in September 2020 that it had successfully completed an additional $5 million private sale funding round, led by Pantera Capital, Binance Labs and Three Arrows Capital. The private sale round also attracted investment from several other prominent venture capital firms, cryptocurrency exchanges and trading firms that include Coinbase Ventures, Galaxy Digital, CMS Holdings and Alameda Research.

What Makes DODO Unique? DODO positions itself as one of the most competitive liquidity providers that offers very low transaction fees and price slippage through its PMM algorithm, first conceived in April 2020. The team claims their PMM algorithm provides superior pricing over that of AMM competitor Uniswap due to a flatter price curve.

The PMM collects dodo crypto near market prices to establish enough liquidity, which drops quickly the further the price moves from the market price. DODO automatically adjusts market prices in order to attract arbitrage that will help keep liquidity provider portfolios stable.

This ensures more favorable pricing, higher fund utilization and decreased price slippage, single risk exposure and no dodo crypto loss (explained here).

For traders, DODO offers sufficient liquidity comparable to that of centralized exchanges (CEX), which can be natively used by smart contracts for on-chain transactions such as liquidation and auctions. Arbitrageurs can also take advantage of price differences between DODO and other exchanges.

Liquidity providers are not required to make a minimum deposit and are not restricted on the type of asset they provide. LPs can create their own trading pairs, deposit their own tokens dodo crypto negate price risk and also collect a portion of DODO transaction fees as rewards.

DODO also attracts new crypto projects with a free listing as an Dodo crypto DODO Offering (IDO). Unlike AMM protocols, DODO does not require quote tokens, and IDO projects only dodo crypto to deposit their own tokens to the liquidity pool, after which the PMM creates its own ask-side depth.

To start an IDO, a project needs to only set the oracle price to a constant. Liquidity is improved by depositing more quote tokens. Related Pages: Learn more about Uniswap (UNI)/ Learn more about Sushiswap (SUSHI). Learn more about Curve (CRV). Visit the CoinMarketCap blog for trending blockchain news and insights.

Check out CMC impermanent loss calculator. How Many DODO (DODO) Coins Are There in Circulation? The total supply of the DODO token is 1 billion (1,000,000,000). There are currently 12 million coins in circulation. DODO’s total supply will be distributed as follows: • 15% to the core team/future hires/advisors • 16% to investors • 1% to initial liquidity provision (IDO) • 8% to operations/marketing/partnerships • 60% to community incentives How Is the DODO Network Secured?

DODO is a decentralized protocol and therefore resistant to centralized network attacks relying on a single point of failure. DODO’s smart contracts were audited by PeckShield, a blockchain security company, on July 10 2020. Its audit report on DODO can be accessed here. Please be aware that DeFi protocols are innovative and high-risk projects and therefore vulnerable to coding bugs and security issues that could be exploited by dodo crypto and result in the loss of funds.

Where Can You Buy DODO (DODO)? DODO can now be traded on the centralized exchanges MXC.com, L Bank and BiKi, as well as decentralized exchanges (DEX) like Uniswap V2, Mooniswap and Dodo.

You can find others listed on our crypto exchanges page. Want to purchase cryptocurrencies like Bitcoin and Ethereum directly by credit card in the fiat currency of your choice? Read this guide to learn how.

Here are some other articles that you may be interested in: • What Is dodo crypto Crypto Faucet? • What Are Crypto Debit Cards? • What Is Web 3.0? • What Is Yield Farming? • What Is Crypto Lending? • What Is the Metaverse? dodo crypto What Are Fan Tokens? • Newbie Catchup: The A-Z of NFTs • What Are Automated Market Makers?

• What Is a Crypto ETF? Read More

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