Explore the Core @DODO
DODO is a decentralized finance (DeFi) protocol and on-chain liquidity provider that leverages a unique Proactive Market Maker (PMM) algorithm, designed to offer enhanced liquidity and price stability compared to traditional Automated Market Makers (AMMs).
The PMM algorithm, which simulates human trading behavior, uses oracles to collect precise market prices for assets. It then supplies sufficient liquidity near these prices, helping stabilize liquidity providers’ (LP) portfolios, minimize price slippage, and reduce impermanent loss by rewarding arbitrage trading.
DODO also supports new crypto projects through its Initial DODO Offering (IDO), allowing issuers to list tokens for free by simply depositing their own assets.
DODO operates on the Ethereum network as an ERC-20 token.
Spot the Main Event:
DODO's recent price surge is linked to a Binance announcement about a "learn-to-earn" program, where users can learn about BreederDODO and earn DODO tokens via Binance’s app. This collaboration has significantly boosted DODO’s exposure, as Binance, the world's largest decentralized exchange (DEX), reaches a vast global audience.#DODOEmpowersMemeIssuance $DODO