DODO is a decentralized exchange (DEX) and AI-powered liquidity platform on the Ethereum blockchain. DODO uses an innovative algorithm called Proactive Market Maker (PMM) to improve capital efficiency and provide better prices to traders and liquidity providers.
How does DODO work?
DODO differs from traditional DEX platforms that rely on the AMM (Automated Market Maker) model. Instead, the PMM uses a smart algorithm that mimics the behavior of professional traders to adjust prices and provide better liquidity. This allows DODO to offer:
* Less Slippage: Traders can make larger trades with minimal impact on price.
* Lower fees: DODO charges lower fees compared to other DEX platforms.
* Higher capital efficiency: Liquidity providers can make higher profits by providing liquidity to DODO.
What are the uses of DODO coin?
DODO is the native cryptocurrency of the DODO platform. It is used in:
* Governance: DODO holders can vote on proposals to improve and develop the platform.
* Rewards: Liquidity providers and traders receive DODO rewards for their participation in the ecosystem.
* Payment of fees: DODO can be used to pay trading fees on the platform.
DODO Future:
DODO has huge growth potential in the decentralized finance space. As PMM technology continues to evolve and adoption increases, DODO could become a market-leading trading platform.
