Description
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 auctionsAs 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.Role of Token: UTILITY
Details
| Token | DODO |
| Type | ERC20 |
| tokens for sale | 1,000,000,000 |
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