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DODO

DODO

$0.04503
0.23%
Open
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High
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Low
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Vol.
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coindesk-loading-spinner
1H
24H
7D
1M
1Y
All
Market Cap. #482
$45,038,162
Volume (24h) #534
$3,081,483
Supply (Circ. / Total / Max)
1B / 995.99M / ∞
Launch Date
2020-09-29
Built On
ETH
Token Standard
ERC20
Smart Contract Address
0x43Dfc4159D86F3A37A5A4B3D4580b888ad7d4DDd
Decimal Places
18

DODO Price Converter

DODO

DODO Information

Resources

WebsitesWebsiteWhitepaperBlog
Code Repositoriesgithub.com/DODOEX/dodoex_v2_subgraph
Industries
DeFi
Governance
Communitieswww.reddit.com

DODO Supported Platforms

ERC20ETH0x43Dfc4159D86F3A37A5A4B3D4580b888ad7d4DDd2020-09-29
DODOBEP20BNB0x67ee3Cb086F8a16f34beE3ca72FAD36F7Db929e22021-02-04
DODOERC20POL0xe4bf2864ebec7b7fdf6eeca9bacae7cdfdaffe782021-07-31
DODOERC20ARB0x69Eb4FA4a2fbd498C257C57Ea8b7655a2559A5812021-06-22
DODOERC20AVAX0xAEDB70D42161e6e135250150EA561dD77a6947982022-03-10
View all

About DODO

DODO is the native token of the DODO platform, used for governance voting, staking, and receiving trading fee dividends. The DODO platform is a decentralized exchange (DEX) that uses the PMM algorithm for on-chain and contract-fillable liquidity. It also offers a token issuance solution, DODO Vending Machine, and a crowdpooling feature. DODO was created by Diane Dai, Radar Bear, and an individual known as “Lei”.

DODO is both a decentralized exchange (DEX) and a native utility token within that ecosystem. The DODO platform leverages the Proactive Market Maker (PMM) algorithm to offer on-chain and contract-fillable liquidity. This sets it apart from traditional Automated Market Makers (AMMs), which commonly use constant product formulas. The PMM algorithm is engineered to be more capital-efficient and to minimize impermanent loss, thereby providing better price quotes.

The platform also features additional services like the DODO Vending Machine for token issuance and a crowdpooling feature, which serves as a decentralized Dutch auction service. Designed to cater to both experienced traders and newcomers, the DODO platform aims to be user-friendly and versatile.

DODO tokens have a multi-faceted role within the ecosystem. They are used for governance voting, which allows token holders to participate in decisions about trading fees, default slippage rates, asset listings, and other platform parameters. In addition to governance, DODO tokens can be staked and holders can receive dividends from trading fees generated on the platform. The platform itself offers unique features like contract-fillable liquidity through its PMM algorithm and additional tools for token issuance and crowdpooling.

The DODO platform was co-founded by Diane Dai, Radar Bear, and an individual known only as "Lei." Diane Dai has a background in financial engineering and quantitative trading, Radar Bear brings experience in blockchain engineering, and Lei specializes in product development. The timeline of DODO's creation is not specified.
DODO (DODO) Price | DODO to USD Price and Live Chart