Decentralized finance (DeFi) has revolutionized the financial landscape, offering unparalleled opportunities for innovation and growth. Among the pioneering projects is DODO, a DeFi protocol that leverages a proactive market maker (PMM) algorithm to optimize liquidity and minimize slippage. By mimicking centralized exchanges, DODO's PMM actively shifts buy and sell orders to align with market prices.
DODO is a decentralized exchange (DEX) hosted on Ethereum and Binance Smart Chain, offering an alternative to automated market maker (AMM) technology. Its SmartTrade platform compares liquidity sources to set optimal prices for trading token pairs. Additionally, DODO enables investors to customize fees, crypto ratios, and liquidity depths. The platform also facilitates Crowdpooling and Initial DEX Offerings (IDOs), resolving critical issues like frontrunning.
Founded by Radar Bear and Diane Dai, with a pseudonymous Chinese development team, DODO has secured significant funding. The project received $600,000 in seed funding from Framework Ventures and $5 million from Binance Labs, Pantera Capital, and Three Arrows Capital. Major players like Coinbase Ventures, Alameda Research, Galaxy Digital, and CMS Holdings have also invested in DODO.
DODO's crypto project statistics reveal a total supply of 1 billion tokens, with 110.5 million in circulation. The scheduled release of coins will continue until April 2025. Community incentives account for 60% of tokens, with IDO liquidity, seed sale, operations, marketing, and team/advisors comprising the remaining categories. Despite suffering a security breach in March, DODO's price stabilized at around $1.4 with an upward trajectory.
DODO's all-time-high price was $8.25 on February 21, 2021. As of now, the token's market capitalization sits at $180 million, ranking 51st on DefiPulse. With $78.9 million staked tokens, DODO's total value locked (TVL) continues to grow. Any crypto wallet with a built-in DEX browser allows users to buy and trade DODO tokens.
In conclusion, DODO's PMM approach offers promising solutions for DeFi's liquidity and slippage challenges. While security breaches have occurred, the project's resilience and growth potential make it an attractive addition to a diversified DeFi portfolio. Investors should monitor DODO's developments and consider its potential for future growth.
Dogecoin (DOGE) Price Predictions: Short-Term Fluctuations and Long-Term Potential
Analysts forecast short-term fluctuations for DOGE in August 2024, with prices ranging from $0.0891 to $0.105. Despite market volatility, Dogecoin's strong community and recent trends suggest it may remain a viable investment option.
Long-term predictions vary:
- Finder analysts: $0.33 by 2025 and $0.75 by 2030 - Wallet Investor: $0.02 by 2024 (conservative outlook)
Remember, cryptocurrency investments carry inherent risks. Stay informed and assess market trends before making decisions.
I Staked My $WCT with @WalletConnect — Here’s What You Should Know
WalletConnect is one of those tools that quietly powers almost everything in Web3. Whether you're minting NFTs, trading on DeFi platforms, or just connecting your wallet to a dApp — WalletConnect is usually doing the work in the background.
Now, they’ve taken a big step forward by launching their token, $WCT , and giving the community a chance to stake it and earn rewards through staking.walletconnect.network.
I’ve used WalletConnect many times without even thinking about it. But now, I’ve decided to be more than just a user — I’ve become a staker. Here’s why it made sense:
➙ WalletConnect is used by thousands of apps and wallets daily ➙ $WCT lets the community earn and vote on protocol changes ➙ Staking is easy, secure, and comes with weekly rewards ➙ Long-term holders are rewarded with higher returns and governance rights
To stake, I simply connected my wallet, approved access to my $WCT , and chose how long I wanted to lock it. The longer the lock, the higher the rewards. I liked the fact that my tokens remain safe and are never at risk of slashing. It's a low-maintenance way to earn from a project I already rely on. Even better, staking turns me into an active part of the protocol. I now have voting power in WalletConnect governance — meaning I get a say in how the system evolves.
Why This Matters WalletConnect is no longer just a connection tool. It's becoming a full decentralized communication network with: ➙ Plans for public node operators ➙ On-chain voting for proposals ➙ Developer tools and monetization options ➙ A real use case for the $WCT token in Web3 infrastructure This isn’t just another staking program. It’s a chance to be involved early in a protocol that powers most of what we already use in crypto.
If you’re holding WCT, take a few minutes to check out staking.walletconnect.network.
You might find it’s more than just staking — it’s your chance to contribute to the foundation of Web3.
Why Staking $WCT on WalletConnect Just Makes Sense
If you’ve used crypto apps before — like Uniswap, OpenSea, or PancakeSwap — then you’ve probably used WalletConnect already. It’s the connection layer that lets your wallet talk to dApps, and it works in the background without you even noticing. For years, WalletConnect has quietly supported Web3. Now, they’ve taken a big step forward by launching their own token, $WCT , and introducing staking through their platform at staking.walletconnect.network. I’ve been a user of WalletConnect for a long time, but now I’ve become a staker too. Here’s why.
➙ WalletConnect is used by over 600 wallets and 40,000+ dApps ➙ It connects users and apps securely, with full privacy ➙ $WCT is the token powering the next phase of the protocol ➙ Staking gives rewards and governance power to the community
When you stake $WCT , you earn weekly rewards and also get a say in the decisions that shape WalletConnect. I decided to lock my tokens for a longer period to get higher rewards and stronger voting power. The process is smooth and beginner-friendly. Here’s how staking works: ➙ Go to the official staking page ➙ Connect your wallet ➙ Approve the WCT token ➙ Choose how much to stake and how long to lock it ➙ Confirm and start earning every Thursday The longer you lock your tokens, the more you can earn. Plus, you get voting rights — I already voted on my first proposal about whether WCT should be transferable, and the community voted yes.
WalletConnect is building more than just a product — it’s building an open, decentralized network for wallet communication. With plans for: ➙ Public nodes anyone can run ➙ On-chain governance ➙ Tools for developers to build and grow ➙ Secure, multi-chain session support
If you’re holding WCT, don’t just let it sit — stake it, earn from it, and help shape the future of decentralized connectivity. Start here: staking.walletconnect.network