chain: DODO (DODO) - June 2024 Price Update - 7.39% Breakout Crypto News and Analysis

chain: DODO (DODO) - June 2024 Price Update - 7.39% Breakout Crypto News and Analysis

< Show Article: DODO (DODO) - June 2024 Price Update - 7.39% Breakout Crypto News and Analysisarticle avatarOLUWATOSIN GARUBA

Explore the Core.

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM). DODO positions itself as one of the most competitive liquidity providers that offers very low transaction fees and price slippage through its PMM algorithm, first conceived in April 2020.

article avatarOluwatosin Bamidele

Trade hard. Joy is coming

Explore the Core.

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM).

Spot the Main Event:

DODOchain adopts the restaked rollup framework developed by @alt_layer & powered by EigenLayer’s restaking mechanism. Adding an extra layer of security to blockchain applications, enabling users to boost security by restaking. DODOchain aims to tackle liquidity fragmentation challenges. Historically, cross-chain bridges are prone to attacks, leading to significant losses due to the risks associated with small groups of validators.

article avatarGLORIA OLUWAFERANMI

To God be the Glory

Explore the Core.

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM).

article avatarAdekanmi Owojori

Freelancer , Copy Writer and Crypto lover

Explore the Core.

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM). The PMM pricing mechanism, which mimics human trading, utilizes oracles to gather highly accurate market prices for assets. It then provides enough liquidity close to these prices in order to stabilize the portfolios of liquidity providers (LP), lower price slippage and negate impermanent loss by allowing arbitrage trading as reward. DODO also caters for new crypto projects with a free ICO listing through its initial DODO Offering (IDO) which requires issuers to only deposit their own tokens. DODO's smart contract operates as an ERC20 token on the Ethereum network

article avatarEsther Wonder

Owojori

Explore the Core.

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM). The PMM pricing mechanism, which mimics human trading, utilizes oracles to gather highly accurate market prices for assets. It then provides enough liquidity close to these prices in order to stabilize the portfolios of liquidity providers (LP), lower price slippage and negate impermanent loss by allowing arbitrage trading as reward. DODO also caters for new crypto projects with a free ICO listing through its initial DODO Offering (IDO) which requires issuers to only deposit their own tokens. DODO's smart contract operates as an ERC20 token on the Ethereum network

article avatarPraise Olagbadun

Professional Author and Crypto Trader

Explore the Core.

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM). They've got products like a Swap function and a whole other staking and liquidity pools

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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