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WebsiteBinance Launchpad

DODO

IEO
Ongoing IEO
Token sale: Feb 19, 2021 – Mar 04, 2021

A Next-Generation On-Chain Liquidity Provider Powered by Pro-active Market Maker Algorithm.

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Overview

Project industryTrading & Investing
Product typePlatform

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What is DODO

DODO is a next-generation on-chain liquidity provider, which leverages the Proactive Market Maker algorithm (PMM) to provide pure on-chain and contract-fillable liquidity for everyone. DODO accepts liquidity providers' assets. It gathers funds near market prices to provide sufficient liquidity. In order to minimize counterparty risks for LPs, DODO dynamically adjusts market prices to encourage arbitrageurs to step in and stabilize LPs' portfolios. Comparing to other on-chain liquidity solutions, DODO has multiple advantages: high fund utilization, low slippage, single risk exposure, reduced impermanent loss.

As a trader, you can see these features: Each and every trader enjoys sufficient liquidity similar to that of centralized exchanges; Arbitrageurs can profit from price discrepancies between DODO and other exchanges; Smart contracts can natively use DODO liquidity to complete on-chain transactions, such as liquidation and auctions.

As a liquidity provider (LP), you can see these features: There are no minimal deposit requirements and restrictions on asset types; DODO charges a fee for each transaction and eventually distributes it to LPs as rewards; LPs can create trading pairs with their own tokens; LPs can obtain liquidity by depositing their tokens they already own, without taking on price risk.

Details

IEO (Binance Launchpad): Feb 19, 2021 - Mar 04, 2021
Token supply: 1,000,000,000 DODO
Total tokens for sale: 140,000,000 DODO

Token info

Ticker: DODO
Type: Utility-token
Token standard: ERC20
Accepted currencies: ETH, BNB, BUSD
Funds allocation:
Seed Sale - 6.00%
Private Sale - 10.00%
Team & Advisors - 15.00%
Operations & Marketing - 8.00%
IDO Liquidity - 1.00%
Community Incentives - 60.00%

Social media

DODO web-siteDODO RedditDODO MediumDODO TelegramDODO TwitterDODO DiscordDODO Github

User rating:

5/5 ( 1 )
2

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