![]() The exchange is built on the Ethereum blockchain and is fully open source, allowing for complete transparency and peer-to-peer exchange. It utilizes a distributed order book to create a liquid and efficient network for users. The DODO decentralized exchange is designed to solve the challenges of the current centralized financial ecosystem by creating a decentralized and transparent network for digital asset exchange. DODO is also compatible with other blockchains such as Binance Smart Chain (BSC), expanding its reach and ensuring accessibility for users across different networks. However, the platform is not limited to Ethereum alone. The Ethereum Network and BeyondĭODO Exchange operates on the Ethereum network as an ERC-20 token, facilitating the trade of a wide range of cryptocurrencies and even non-fungible tokens (NFTs). This unique approach allows DODO Exchange to provide better liquidity and price stability, ultimately improving the trading experience for users. Unlike the traditional Automated Market Maker (AMM) model used by most DEXs, the PMM algorithm is designed to adapt to changing market conditions and respond to liquidity constraints in real time. The Proactive Market Maker (PMM) AlgorithmĪt the core of DODO Exchange is its revolutionary Proactive Market Maker (PMM) algorithm. ![]() The team behind DODO recognized the need for improved liquidity, reduced impermanent loss, and minimized slippage, which are key challenges faced by traders and liquidity providers on platforms like Uniswap. It was conceived with the aim of addressing the limitations of existing DEXs and introducing a more efficient and innovative approach to decentralized trading. What is DODO Exchange? The Birth of DODO ExchangeĭODO Exchange was launched in August 2020 as a decentralized exchange and on-chain liquidity provider. Is It Possible to Use Leverage or Margin Trade on Dodo?.How Many DODO (DODO) Coins Are There in Circulation?.Token Economics, Token Usage, Launch & Initial Token Distribution.DODO – A Revolutionary Project In The Crypto Space.Disadvantages of Using the DODO Exchange.
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