Concerns have emerged regarding $LUNC following its crash. An entity acquired 2.3 trillion coins at rock-bottom prices. Instead of ceasing support and implementing a token burn, they sold the coins to customers, leading to a group of perpetual holders.
This action has:
Manipulated market sentiment
Fostered false hope and optimism
Hindered the natural process of market correction
As a result, the market faces continuous liquidity drainage.
DODO is a decentralized trading platform that uses the Proactive Market Maker (PMM) algorithm to provide on-chain liquidity for Web3 assets. Unlike traditional Automated Market Makers (AMMs), DODOâs PMM algorithm enhances liquidity efficiency, minimizes impermanent loss for liquidity providers, and offers competitive pricing for traders. Here are some of its key features:
1. PMM Algorithm: Dynamically adjusts asset prices based on supply and demand, optimizing liquidity and reducing impermanent loss.
2. DODO X: A cross-chain platform that aggregates liquidity from DODO, Uniswap, and third-party aggregators to find the best transaction rates.
3. DODO Toolbox: Allows users to create ERC-20 tokens, launch liquidity mining campaigns, and manage single-token staking or liquidity pools.
4. Crowdpooling: Combines crowdfunding with liquidity pool creation, offering fair access for investors and preventing bot interference.
5. Stable Pool & Private Pool: The Stable Pool enhances liquidity for stablecoins, while the Private Pool allows for customizable liquidity management, catering to professional market makers.
These features help DODO stand out in the DeFi space.
