I heard that DODO is about to launch the issuance and trading platform of Meme coin, and held a high-profile event at Binance Square.#DODO助力Meme发行 During the national essay contest, a few lines of ancient poetry came to mind: When all flowers bloom, I do not; when I bloom, all flowers die. The fragrance of the sky penetrates Chang'an, and the whole city is covered with golden armor.
The term "golden armor" fits the golden logo of DODO perfectly. I believe that DODO, with its years of accumulated resources and technology, will be able to surpass its competitors and come out on top after entering the hot Meme sector!
As we all know, DODO is a mainstream decentralized exchange. Who didn’t use DODO back then? People trade, play DeFi, mine, issue coins, and do IDO on DODO all day long. After a long period of accumulation and polishing, DODO has emerged from its cocoon and integrated various functions, such as the intelligent active market maker (PMM) algorithm, aggregated trading, anchored pool, one-click coin issuance, crowdfunding pool building, autonomous mining, etc. Many of these time-tested mature functions and technologies can be transplanted and borrowed to the new Meme platform, which can bring great boost and empowerment to the development of BTCFi assets and Meme coins!
Compared with other DEX, DODO has unique inherent advantages since its birth, and is a leading project born with a golden key. DODO is a key DeFi project led by Binance Labs, and has received support from well-known investment institutions in the industry, including Pantera Capital, Coinbase Ventures, Framework Ventures, SevenX Ventures, CMS Holdings, Galaxy Digital, IOSG Ventures, LongHash Ventures, etc.
Since its establishment in 2020, DODO has expanded to 16 mainnets, with a cumulative transaction volume of more than US$170 billion, a cumulative number of transactions of more than 26 million, and a cumulative number of users of 3.8 million.
With the upcoming launch of DODOchain, DODO will transform into a core exchange on DODOchain, supported by advanced technologies such as Arbitrum, EigenLayer, and AltLayer. This strategic development will further enrich the trading experience, provide more incentives, and consolidate DODO's position in the decentralized financial field.
After years of market experience, DODO has multiple advantages in terms of operating mechanism and technical functions, such as:
The Active Market Making (PMM) algorithm was developed entirely in-house by the team and is an elegant on-chain version of the order book trading system. It has been adjusted and optimized for operations on the blockchain, and has proven its high performance and high capital efficiency in practice (see its trading volume/locked volume ratio), with many innovative and flexible use cases in market making.
DODO supports one-click coin issuance, which gives anyone the ability to create their own tokens without development and code, and enables one-click coin issuance on more than 16 main networks.
DODO provides the function of issuing new assets at the lowest cost. DODO allows anyone to issue new assets at low cost through crowdfunding and build a pool of funds with better liquidity. It removes restrictions on the ratio of funds and tokens, and removes restrictions on the starting price.
DODO can support professional market makers to make markets efficiently on the chain. Any project party, market maker or individual can implement a complete, efficient and flexible market-making strategy by adjusting parameters such as the market mid-price, liquidity depth and spread. And this liquidity can also be shared with other smart contracts on the chain.
DODO mining not only provides more income for LP, but also allows autonomous mining, that is, anyone can create their own mining activities for any pool on DODO and support providing any token as a reward.
DODO is both a DEX and an aggregator. DODO X is a super aggregator and a cross-chain trading platform. DODO X is committed to providing the ultimate trading experience, including not only the best price, but also a high on-chain success rate, smooth user experience, and convenient operation.
The DODO economic model introduces a membership system and a fee dividend mechanism. In addition to its governance function, DODO can also provide fee discounts and subscribe to IDO shares. In addition to enjoying the rights and interests of DODO, the vDODO voucher of the membership system can also obtain the platform's fee dividends and membership rewards.
If these advantages are introduced into the new Meme coin issuance and trading platform, it will undoubtedly bring strong impact and changes to the Meme sector, so that the issuance and trading of Meme can get strong support and boost, so that it can finally get on the right track, mature and achieve more abundant development.
Therefore, I am also optimistic about the investment potential of the DODO platform's native token $DODO . The DODO token carries the dual functions of "incentivizing growth" and "capturing value". The DODO team regards these two functions as the core of the token economic design, and distributes DODO tokens through cost-effective incentive activities to help the platform and community grow.
Holding DODO tokens, you can enjoy multiple rights and interests such as governance, voting, crowd pool and IDO allocation, staking dividends, transaction fee discounts, etc. And now DODO's severely underestimated market value and the continuous support of top institutions have brought a lot of imagination to the future rise of DODO tokens? As the saying goes, "A golden unicorn is not a thing in a pond, it will turn into a dragon when it encounters wind and clouds." Now DODO is in the rare ETF bull market and Meme craze. If you take action at the right time and accumulate your strength, you will surely rise with the trend and make a big splash! Let's wait and see!
