DODO, which debuted in August 2020, is a new player in the DeFi scene. Radar Bear and Diane Dai, who both use aliases, are the platform’s primary developers and founders. The other members of the Chinese development team are unidentified.
DODO received $600,000 in seed funding from Framework Ventures in August 2020. In September 2020, DODO received a $5 million fundraising round from Binance Labs, Pantera Capital, and Three Arrows Capital a month later. Major actors in the cryptocurrency field, including Coinbase Ventures, Alameda Research, Galaxy Digital, and CMS Holdings, were drawn to DODO in the subsequent private sales as well.
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A Comprehensive Review of Dodo Crypto – 2023
CDS Wiki
A Comprehensive Review Of Dodo Crypto – 2023
This article contains comprehensive information about the Dodo crypto.
LECTERTODD
08/08/2023
2 MINS READ
A Comprehensive Review of Dodo Crypto - 2023
Building on Ethereum and the Binance Smart Chain, the decentralized exchange DODO crypto intends to increase the accessibility of DeFi liquidity. DODO employs its own proactive market maker algorithm as opposed to many other DEXs, which use an automated market maker methodology. In contrast to AMM DEXs, DODO claims that their PMM approach offers more price stability and liquidity.
Table of Contents
A Comprehensive Review of Dodo Crypto – 2023
What is vDODO?
History of Dodo Crypto
Tokenomics
Roadmap
A Comprehensive Review of Dodo Crypto – 2023
The platform has many significant and useful features. Without the dangers of frontrunning or bot involvement, the Crowdpooling functionality enables projects to launch liquidity marketplaces and distribute tokens in an equal-opportunity manner. The platform’s initial DODO offering function also allows new projects to raise money with a free listing.
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