What is dodo ?
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DODO is a decentralized exchange built on Ethereum and Binance Smart Chain that aims to make DeFi liquidity more accessible. Unlike many other DEXs, which use an automated market maker algorithm, DODO uses its own proactive market maker algorithm. According to DODO, its PMM model provides better price stability and liquidity than AMM DEXs.
DODO’s product includes SmartTrade, which facilitates trades between tokens on the same network. It also provides traders with the best prices by intelligently finding the best order routing from aggregated liquidity sources.
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