Let me show you the repurchase records and the conclusion first: Since July 2021, DODO has conducted 34 repurchase operations, with cumulative earnings exceeding US$2,345,195, of which US$1,992,287 was used to repurchase DODO to increase the returns of vDODO holders, and US$557,151 was deposited in the DODO community vault.

It turns out that the DODO project is buying back its own DODO tokens every month! The lowest is about 20,000 U per month, and the highest is 120,000 U in April 2024! Such a treasure project should not be seen often! Let's take a look at the token economics of DODO:

1. Total Amount and Circulation

① Maximum circulation: 1 billion

②Current issuance: As of the latest data (September 2024), approximately 996 million

③Total circulation: 726 million

④Circulation rate: 72.57%

2. Economic Incentives and Liquidity Provision

① Liquidity mining: DODO encourages users to provide liquidity to the platform through a liquidity mining mechanism. Users can deposit funds into the liquidity pool and receive DODO tokens as rewards based on the liquidity ratio provided and trading activity. This mechanism effectively attracts a large number of liquidity providers and injects vitality into the platform.

② Transaction Fee Dividends: Part of the transaction fees generated on the platform will be distributed to vDODO (a special DODO token holder) holders as a reward for their contribution. This mechanism further encourages token holders to actively participate in the platform ecology and jointly promote the development of DODO.

3. Governance and Community Engagement

① Governance voting: DODO token holders have voting rights on platform governance and can participate in the voting process of major decisions of the platform. This decentralized governance method ensures that the platform's decision-making is more democratic and transparent, and can fully reflect the opinions and needs of the community.

② Community building: DODO token economics also encourages community members to actively participate in the construction and promotion of the platform. By holding various activities and publishing high-quality content, community members can jointly enhance DODO's brand influence and user base, thereby promoting the growth of token value.

IV. Market adaptability and innovation

PMM algorithm advantages: DODO uses a proprietary Proactive Market Maker (PMM) algorithm, which has higher capital utilization and lower transaction slippage compared to traditional AMM algorithms. This algorithm innovation not only improves user experience, but also attracts more attention from professional market makers and traders.

Cross-chain layout: DODO is not limited to the Ethereum network, but also actively deploys protocols on multiple public chains to achieve wider user coverage and richer transaction scenarios. This cross-chain layout provides a broader space for the circulation and value growth of DODO tokens.

V. Future Prospects

As the DeFi market continues to develop and user needs become increasingly diversified, the DODO token economics will continue to be optimized and improved. In the future, we can expect the introduction of more innovative mechanisms and the improvement of the governance structure to further stimulate the potential and value of the DODO platform. At the same time, with the increase in the number of users and the prosperity of the ecosystem, the market performance of the DODO token is also expected to usher in new breakthroughs.

In short, DODO's token economics is a dynamic and innovative economic system that promotes the prosperity and development of the platform through economic incentives, community participation, and governance innovation. For investors who are interested in the DeFi field and blockchain technology, DODO is undoubtedly a project worth paying attention to and looking forward to. #DODO助力Meme发行