$DODO is a decentralized finance (DeFi) protocol and on-chain liquidity provider that utilizes a unique proactive market maker (PMM) algorithm. This algorithm seeks to provide superior liquidity and price stability compared to other automated market makers (AMM). The PMM pricing engine, which simulates human trading, uses oracles to collect highly accurate market prices for assets. It then aims to ensure sufficient liquidity near these prices to stabilize liquidity providers' portfolios, reduce price slippage, and mitigate impermanent loss by enabling arbitrage trading as a reward. DODO also supports new cryptocurrency projects with a DODO Initial Offering (IDO), requiring issuers to provide only their own tokens. DODO operates as an ERC20 token on the Ethereum network.
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