DODO, a decentralised platform, uses a Proactive Market Maker (PMM) algorithm to provide effective on-chain liquidity. It offers one-click token issuance across 16 mainnets and customisable pools including the Pegged Pool for stablecoins and Private Pools for market makers.
User’s can design mining campaigns, DODO is flexible for token issuers, liquidity providers, and traders. With the increasing popularity of meme coins, consumers are expected to be drawn to DODO's multi-chain one-click token issuance and future Meme platform. With its cross-chain compatibility and ease of token production, DODO is well-positioned to draw in additional traders and producers.
The Proactive Market Maker (PMM) algorithm used by DODO will supply on-chain liquidity for Web3 assets. In contrast to conventional Automated Market Makers (AMMs), DODO stands apart in the DeFi industry thanks to its PMM algorithm, which improves liquidity efficiency, lowers impermanent loss for liquidity providers, and provides traders with competitive pricing.
DODO Key Features:
1. Proactive Market Marker Algorithm: This algorithm ensures balanced liquidity and lowers transient loss for improved capital efficiency by dynamically adjusting asset prices in response to supply and demand.
2. DODO X: A cross-chain trading platform that finds the best rates for smooth cross-chain transactions by aggregating liquidity from many sources, including Uniswap, $DODO pools, and third-party aggregators (1inch, 0xAPI).
3. DODO Toolbox: Provides tools for mining liquidity and creating tokens. Through liquidity pools or single-token staking, users can start mining campaigns or generate ERC-20 tokens with customisable features.
4. Crowdpooling: This cutting-edge feature ensures equitable access for investors and guards against bot manipulation by combining crowdfunding with the establishment of liquidity pools.
5. Stable Pool and Private Pool: While the Private Pool (DPP) serves professional market makers and provides customisable liquidity management, the Stable Pool (DSP) concentrates on stablecoins and synthetic assets, enhancing liquidity efficiency.
6. One-Click Multi-Chain Token Issuance: DODO's one-click token issuance functionality makes it incredibly simple to go live across several blockchains—no technical difficulties! This is especially useful when creating a meme currency or a serious project.
7. Bespoke Liquidity Pools & Pegged Pools: Pegged Pools anchor liquidity to stablecoins for a seamless trading experience, while Users can establish bespoke liquidity pools to optimise trade.
8. Self-Initiated Mining: To encourage liquidity providers and promote community development, anyone can start mining programs.
Supported by well-known investors like Binance Labs and Coinbase Ventures, DODO's smaller market capitalisation suggests room for expansion. Institutional support positions $DODO to increase its market share in DeFi by adding legitimacy and speeding up adoption as it increases its products.
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