DODO has recently approved DIP 18, which will see the migration of 200 million DODO tokens to the new DODOchain network. This exciting move marks a crucial step in DODO’s growth as it leverages the Proactive Market Maker (PMM) algorithm to optimize liquidity and increase protocol revenues. The newly launched DODOchain testnet, supported by Arbitrum, will enhance liquidity solutions across multiple chains.
Furthermore, the DODO community has allocated 10 million tokens to incentivize trading on Bitcoin pairs, boosting liquidity on select chains and creating more value for holders. This initiative is expected to attract significant trading volumes and grow the DODO ecosystem!
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