DODO is a decentralized digital asset trading platform based on decentralized finance (DeFi) technology. DODO aims to provide a smoother and more cost-effective trading experience than some other exchanges. The platform is based on the âProactive Market Makerâ (PMM) algorithm, which differs from the traditional model used in automated trading (AMM) protocols, such as Uniswap.
Through PMM, DODO aims to provide better liquidity and reduce slippage for users, making it suitable for new projects that need to provide liquidity quickly and at a lower cost. The platform also supports the creation and maintenance of markets quickly and easily, which enhances the use of new assets and emerging decentralized projects.
Additionally, DODO features support for new project launches via the âIDOâ (Initial DODO Offering) feature, allowing new projects to raise funding in a decentralized manner.
