DODO is a DeFi platform that works on several blockchains, such as Ethereum, BNB Smart Chain, HECO, Polygon, Arbitrum, OKChain, etc. It takes pride in implementing the innovative Proactive Market Maker mechanism that is said to be able to provide better liquidity. If a user finds out that the liquidity and price on DODO is not the best out there, they can even report to the team and receive rewards. There are also tools for users to create their own tokens without much hassle.
DODO's highlight is the Proactive Market Maker (PMM) algorithm. It is a complex inventory management algorithm that automatically adjusts the price for assets in case the liquidity becomes too low with the assumption that there will be buying back in the near future. Moreover, DODO uses both native liquidity and aggregated liquidity from other platforms, so the overall liquidity they can provide is likely to be satisfactory.
DODO is the native token of the DODO platform. The token now is available on multiplace chains, but the total supply remains the same since the beginning, which is 1 billion. The circulating supply of DODO is 435,106,708.
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