DODO co-founder Radar Bear once said: “Let 100 million people issue coins!”
Five months after DODO went online in August 2020, Radar Xiong, the co-founder of DODO, was interviewed. In the interview, he said that we want to build an exchange with the lowest threshold, issue assets, create liquidity, and let others buy your assets. Why do you say that 100 million people should issue coins? Because it is too easy to issue coins on DoDo. You see, at the beginning, listing coins required centralized exchanges to do custody, pay listing fees, and find someone to help you make markets. Later, Uniswap appeared, and listing fees were no longer required, but you had to allocate funds, and you lost the freedom to make markets. Now we have also released the freedom of market making. The new version V2 can allow you to go from "wanting to issue coins" to "having a market" all at once, without spending a penny, and it is permissionless. This is what I mean by "letting 100 million people issue coins"!
Mr. Lei’s bold words really reminded me of Stephen Chow’s classic lines in “King of Destruction”. It really means “everyone has the opportunity to practice”!
$DODO As a decentralized trading platform, it provides a number of unique features through the innovative Active Market Maker (PMM) algorithm, making it stand out in the DEX market. Its main product features include DODO X Super Aggregator, Liquidity Pool, Mining, Crowdfunding Pool Building, and One-Click Token Creation. In particular, the flexibility and personalized settings of the liquidity pool adapt to the needs of different assets, and the design of the anchor pool and private pool makes liquidity management more efficient and stable. In addition, the autonomous mining function allows users to create mining activities for any liquidity pool, further enhancing user participation.
With the recent explosion of Meme coins, DODO's multi-chain one-click coin issuance function and the upcoming Meme coin issuance platform may attract a large number of users and traffic. The popularity of Meme coins and the community-driven economic system, with the help of DODO's zero-threshold coin issuance tool, will greatly simplify the creation and issuance process and help them quickly gain liquidity in the market!
Here are some answers about DODO
What are DODO's product features and unique use cases? ——DODO X is a super aggregator and a cross-chain trading platform. DODO X is committed to providing the ultimate trading experience, including not only the best price, but also a high on-chain success rate, smooth user experience and convenient operation.
The Meme sector is booming. Will DODO's multi-chain one-click coin issuance function and the upcoming Meme platform bring a surge in traffic? ——The success of MemeCoin is inseparable from the support and promotion of the community. By introducing mechanisms such as community governance, the DODO platform can enhance the stickiness between users and the platform and further promote the prosperity and development of the MemeCoin market.
What support can various functions on DODO, such as anchor pool, one-click coin issuance, autonomous mining, etc., bring to the development of BTCFi assets and Meme coins? ——DODO's one-click coin issuance function simplifies the issuance process of digital assets, allowing anyone with creativity and ideas to try to issue their own BTCFi assets or Meme coins. The low-threshold issuance environment will stimulate more innovative activities. People can issue BTCFi assets or Meme coins with unique functions and values based on BTC or other blockchain technologies, combined with expertise and creativity in their respective fields.
Compared with other DEXs, will DODO's lower market value and the support of top institutions bring more room for imagination to the market? - Of course, a lower market value usually means that the asset has a larger room for growth. In the cryptocurrency market, investors tend to show great interest in projects with high growth potential. Therefore, DODO's lower market value may attract investors who are looking for high returns.
