Dodochain builds on the success of DODO's Proactive Market Maker (PMM) algorithm, which was introduced in August 2020. This PMM algorithm significantly increases the concentration of liquidity around the oracle price, thereby increasing the efficiency of capital and exchange rates. Furthermore, the launch of DODO V2 in February 2021 expanded DODO's capabilities with various liquidity pools and features such as DODOX and Limit Orders.
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