What is DODO (DODO)?

Deep Dive

1. Purpose & Value Proposition

DODO addresses key decentralized finance (DeFi) challenges: fragmented liquidity and inefficient price discovery. It serves as a unified liquidity layer, aggregating sources from various DEXs to offer traders better rates. Beyond trading, its Crowdpooling feature provides a fair launch mechanism for new projects, democratizing initial DEX offerings (IDOs). This dual focus on trading and token issuance positions DODO as infrastructure for the broader Web3 ecosystem.

2. Technology & Architecture

The protocol's cornerstone is its Proactive Market Maker (PMM) algorithm. Unlike Automated Market Makers (AMMs) that rely purely on constant product formulas, PMM uses price oracles to concentrate liquidity near the market price, aiming for higher capital efficiency and reduced slippage. DODO is built as a multi-chain protocol, having deployed on Ethereum, BNB Chain, Polygon, and other networks to expand its reach and accessibility.

3. Tokenomics & Governance

The DODO token has a total supply of 1 billion. Its primary utilities are governance and staking. Holders can stake DODO to receive vDODO, a membership token that grants amplified voting power (1 vDODO = 100 votes) and a share of platform fee revenue. Governance is conducted through DODO Improvement Proposals (DIPs) on Snapshot, allowing the community to steer protocol upgrades and treasury allocations.

Conclusion

Fundamentally, DODO is a DeFi building block that combines an efficient liquidity engine with community-driven governance to facilitate on-chain trading and asset creation. As the multi-chain landscape evolves, how will DODO's PMM algorithm adapt to maintain its competitive edge in capital efficiency?