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Overview About DODO Exchange (DODO)


The AMM feature must have been familiar in the strong growth of DEX and Defi. However, AMM is now confronting some dilemmas such as slippage or impermanent losses. Therefore, DODO Exchange used another algorithm – PMM to resolve this. So what are the special features of DODO, let’s find out!

I. Information about DODO Exchange.

1. What is DODO Exchange?

DODO Exchange (DODO) is an on-chain liquidity platform that uses the Proactive Market Maker (PMM) algorithm. This algorithm provides users with pure and contract-fillable liquidity.

PMM takes advantage of price measurements to take the exact market price of an asset as input. Then, it aims to provide enough liquidity as close as possible to the market price for all assets. As a result, liquidity drops rapidly away from the market price.

2. How DODO Exchange works:

DODO works based on the mechanism of accepting assets of Liquidity Providers (LP). To provide enough liquidity for everyone, they pool funds with values ​​close to the market price.

DODO also has the flexibility to change market prices to limit risks to liquidity providers, incentivize arbitrage traders to participate, and to stabilize LP portfolios.

3. What is the outstanding features of DODO Exchange?

The PMM algorithm has helped DODO Exchange get many outstanding advantages over other AMM competitors. Some can be mentioned such as:

  • Low slippage
  • Low opportunity cost risk
  • No impermanent loss

DODO Exchange also brings outstanding benefits to Traders, for example:

  • DODO Exchange Traders will be provided with sufficient liquidity roughly equivalent to centralized platforms.
  • There is a price difference between exchanges other than DODO. Therefore, arbitrageurs can earn more profit through this commercialization.
  • Liquidity, auction,… and other on-chain activities provided by smart contracts can all use the liquidity from DODO.

For Liquidity Providers (LP), DODO possesses many advantages as:

  • No minimum deposit restrictions
  • LPs can use their coins to create trading pairs.
  • LPs can share the network’s transaction fees.
  • LPs will not bear the price risk of sending their tokens.

II. Information about DODO Token.

1. What is DODO Token.

DODO token is the governance token of the platform. The governance structure of this coin consists of 3 segments of decentralized autonomous organizations (DAOs):

  • Admin DAO: oversees decisions made on the DODO Exchange ecosystem, with significant influence on other DAOs as an administrator.
  • DAO Risk control: dealing with risky features of the system.
  • Earn DAO: governs how offers are shared on the platform.

2. Basic information about DODO Token

  • Token Name: DODO.
  • Ticker: DODO.
  • Blockchain: Ethereum.
  • Token type: Governance.
  • Token Standard: ERC-20.
  • Total Supply: 1,000,000,000 DODO.
  • Circulating Supply: 110,551,965 DODO

Trading DODO/ USDT right here: 

3. The potential of DODO Exchange

The founders of DODO Exchange are all influential figures in China’s DeFi community including Qi Wang, Diane Dai, and Mingda Lei. Besides, some big investors like DeFiance Capital, Binance, or Framework Ventures also greatly support the development of DODO.

With all advantages listed above, we can see DODO as a potential coin. However, the cryptocurrency market always fluctuates with unpredictable things, so you should carefully consider every investment decision!

Risk Disclaimer:

For investors, trading digital assets is both an opportunity and a challenge with outstanding profit potential. 5ROI Global only provides useful information for investors to grasp, refer to and not provide financial investment advice of any kind.

5ROI Global


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